RECENT NEWS

Vytrus Biotech, a company specializing in plant stem cell-derived active ingredients for the cosmetics industry, recorded global sales growth of 32% in the first quarter of 2024.

US personal care ingredients maker Lubrizol has signed a memorandum of understanding with Chinese company Proya Cosmetics to accelerate the development of market-oriented beauty products.

Czech Republic biotechnology research company Enantis won the Estée Lauder-backed Brkthru Voices prize that recognises pioneering innovation at the in-cosmetics Global trade show in Paris.

DSM-Firmenich is collaborating with ExoLab Italia to leverage the latter’s plant-derived exosomal technologies from Italian organic fruits and vegetables.

DSM-Firmenich won best active ingredient gold for Eterwell Youth at the in-cosmetics Global awards in Paris.

UK-based cosmetic ingredients distributor Ascot International has created Yurvani, a joint venture with Indian Ayurvedic health and wellness supplier KN Wellness.

Estée Lauder is to present the inaugural Brkthru Voices prize that recognises pioneering innovation at the in-cosmetics Global trade show in Paris.

Evonik has established a Botanicals & Natural Actives segment within its Care Solutions business line.

French personal care supplier Sophim has acquired compatriots Novastell, a supplier of nutritional and functional ingredients.

German speciality chemicals maker CHT has appointed Eva Baumann as its new chief executive with immediate effect.

The organiser of the in-cosmetics Global trade show has revealed the shortlists for the 2024 awards to be presented in Paris on 16 April.

Seoul-based chemicals manufacturer KCC Corporation is to acquire all the remaining shares in US subsidiary Momentive Performance Materials.

Registration has opened for the in-cosmetics Korea trade show, which will take place on 24-26 July in Seoul.

US speciality chemical company Clariant has completed the acquisition of Lucas Meyer Cosmetics from IFF for $810m.

Speciality chemicals and ingredients distributor DKSH has inaugurated an upgraded office and innovation centre in Barcelona to support its rapidly growing business in Spain.

The Society of Cosmetic Chemists (SCC) is accepting applications for the 2024 Madam CJ Walker Scholarship sponsored by Mary Kay, Inc.

Symrise has entered into a joint venture dedicated to manufacturing personal care ingredients in India with Andhra Pradesh-based pharmaceutical actives maker Virchow Group.

UK regulatory and microbiological testing house MSL Solution Providers has established a US corporation to enhance in-market support.

Personal care ingredient provider ProTec Ingredia has promoted Christine Clark to sales director of its UK operations.

Australian botanical extract manufacturer Native Extracts has appointed Dr. Joseph Nastasi as lead research scientist of biomaterials and phytochemistry.