RECENT NEWS

The eight finalists for the CEW (Cosmetic Executive Women) Beauty 2024 Suppliers Award: Ingredients & Formulation category have been revealed at the New York Society of Cosmetic Chemists Suppliers’ Day party at Lavan Midtown in Manhattan.

DSM-Firmenich was one of five companies to win an inaugural Supplier Impact Award from US personal care giant Procter & Gamble (P&G).

Solvay spin-off Syensqo has completed the acquisition of JinYoung Bio, a speciality cosmetic ingredients supplier based in South Korea.

Personal Care Global magazine will be exhibiting at booth 663 at the New York Society of Cosmetic Chemists (NYSCC) Suppliers’ Day on 1-2 May.

Symrise’s cosmetic ingredients division recorded double-digit percentage organic sales growth in the first quarter of 2024 as company-wide revenue increased 5% to €1.29 billion ($1.61 billion).

BGG, a Chinese maker of ingredients for personal care and other industries, has established a global headquarters in Switzerland as part of a major restructuring plan for international expansion.

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.