RECENT NEWS

French beauty giant L’Oréal has acquired a minority stake in compatriot Microphyt, a producer of microalgae-based natural active ingredients, via its BOLD (Business Opportunities for L’Oréal Development) venture capital fund.

Cosmetic actives ingredient maker Gattefossé has won a prestigious award from the French National Institute of Industrial Property (INPI) in recognition of its intellectual property strategy.

Swiss speciality chemicals maker Arxada has appointed Peter Frauenknecht as its chief financial officer (CFO), effective immediately.

Dr Amber Evans, senior manager for product development at US luxury hair & skin care brand Moroccanoil, has been voted 2023 chair-elect of the New York Society of Cosmetic Chemists (NYSCC).

The International Federation of Societies of Cosmetic Chemists (IFSCC) has extended the deadline to 31 December for abstract submission for next year’s 33rd Congress in Barcelona.

Global sales revenue for microalgae in personal care and cosmetics will rise 150% in the next decade, according to a new report by Future Market Insights (FMI).

German chemical distributor Oqema has formed a supply partnership with Uute Scientific in France and Benelux.

Merck will relaunch an around $1 billion sale of its Surface Solutions next year after previous attempts to offload the pigments division fell through during the pandemic, according to Reuters.

French cosmetics professional association Cosmet'in Lyon has confirmed its next Skin Science Days event will take place on 2-3 February 2023.

The organiser of the in-cosmetics Asia trade show in Thailand has revealed the attendance figure for the 2022 renewal, the first event for three years.

A new tide of regulation coupled with public expectation for safe and sustainable chemicals and products will create both substantial opportunities and new risks for the cosmetics and personal care industries, according to TSG Consulting.

Scott Bader has agreed a personal care distribution partnership in Spain and Portugal with Stockmeier Quimica.

Next year could see the “death of acids” as consumers turn to milder products, according to British skincare biochemist and owner of NQ Innovations Nausheen Qureshi.

Evonik has started manufacturing commercial quantities of ceramides at its Dossenheim site near Heidelberg in Germany.

Innospec has won the annual Laura Marshall Memorial Award for Innovation at the SCS Formulate show in Coventry, UK for Paper Pocket Cleanser.

German active ingredient supplier Symrise has won the 2022 Cosmetic Executive Women (CEW) Supplier’s Award: Ingredients & Formulation for its SymHair Thermo product.

US-based personal care contract manufacturer Dynamic Blending is to expand its production capacity footprint at its Utah base by 60%.

Prebiotics and probiotics are among the top five growing skincare claims in the Asia-Pacific region product launches but consumers need to be educated about their efficacy, according to market analysts Mintel.

Croda International has appointed Louisa Burdett to succeed Jez Maiden as group finance director when the latter retires next year.

Evonik has agreed to supply Intercos China with raw materials such as active ingredients, emulsifiers and cosmetic oils through a direct sales channel.