Mexican personal care manufacturer Genomma Lab sells distribution unit Grupo Marzam for MXN1.35 billion
Mexican personal care manufacturer Genomma Lab has struck a deal to sell a controlling stake in its distribution unit Grupo Marzam to private equity fund Moench Coöperatief for MXN1.35 billion, to be paid in two lump sums – MXN1.05 billion at the close and the...
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US speciality chemicals firm Stepan Company purchases Brazil production plant from Procter & Gamble
US speciality chemicals manufacturer Stepan Company has purchased a solfonation production plant in Bahia, Brazil from Procter & Gamble. Headquartered in Illinois, Stepan Company is a leading supplier of surfactants, which are used in cosmetics and cleaning...
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Colep cements position in Latin America, becomes sole shareholder of Brazilian packaging companies Provider, Total Pack and CPA
European aerosol and liquids manufacturer Colep has become the sole shareholder of three Brazilian manufacturing operations, after acquiring the 49 per cent stake previously held by ZM Participação. The packaging company first entered the Latin American personal care...
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Symrise unveils new production facility in Brazilian Amazon region
Symrise has opened its new production plant, Symrise Amazon Ecoparque, in Belém, Parà. The ingredients supplier invested over €5m to build the new 2,000m2 facility, establishing the location in the north of the Amazon region in close collaboration with its long-term...
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Brazilian government relaxes regulations on R&D into biodiversity
Personal care companies seeking to invest in research and development into natural ingredients in Brazil will now be able to do so more freely thanks to new government regulations. On May 20, the Brazilian government adopted a new legal framework for...
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Procter & Gamble closes Puerto Rico plant, laying off 230 employees
Procter & Gamble has announced that is closing a manufacturing plant based in Puerto Rico and will be laying off 230 employees. The plant, located in Cavey, a southern town on the Carribean island, has been manufacturing Olay skin care products since Procter &...
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Brazil’s packaging industry experienced 1.47 percent fall in production during 2014
Brazil's packaging industry production fell by 1.47 percent during 2014, with a turnover of R$55.1bn, new figures from the Brazilian Packaging Association reveal. Broken down by material, the research showed that production of wood packaging decreased by 18.25...
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Modern Logistics announces delivery of pioneering plane
Modern Logistics, Brazil's pioneering multi-modal logistics company, has announced that its first aircraft will be ready to fly from May. A first of its kind in Brazil, Modern Logistics aims to provide commercial clients with complete logistics solutions including...
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Sonoco acquires controlling stake in Brazil-based flexible packaging company Graffo
US global packaging manufacturer Sonoco has acquired a two-thirds stake in Brazil-based flexible packaging company Graffo. The transaction, which is expected to close in the second quarter of 2015, gives Sonoco a majority interest in Graffo and will enable Sonoco to...
CLICK HEREBrazil-based iron ore company All Ore targets cosmetics market
Brazil-based iron ore company, All Ore, has announced plans to buy a cosmetics company and change its corporate purpose. The move, outlined by the company in regulatory filings published on Tuesday, is a reaction to bleak market conditions for mining firms in Brazil....
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