Saraya to invest US$10 million in Egyptian manufacturing facility
Japanese Saraya is set to invest US$10 million in a new cosmetics and pharmaceutical plant in Ain Sokhna, Egypt, according to a report published by Daily News Egypt. The new industrial complex, which will boast three factories and span some 20,000 sq m, is currently...
Bye bye snail slime – now K-beauty is going vegan: Cosmax gains EVE certification
Cosmax has announced that it is the first Asian cosmetics manufacturer to gain Expertise Vegan Europe (EVE) certification – to testify that its products are animal-friendly, according to a report published by Pulse News. The body requires both that products not be...
‘We’re better than Chanel’: North Korea opens Unhasu cosmetic factory to media
North Korea has opened up a cosmetics factory in Pyongyang to the wider world, via the media, for the first time, according to a report published by Global Times. The high-tech facility produces North Korea’s well known Unhasu brand, among others, and has been charged...
Misleading and confusing: China’s FDA recalls Shiseido’s Pure & Mild skin toner
China’s Food and Drugs Authority has issued a consumer alert cautioning against the misuse of Pure & Mild’s Loquat Skin Juice Refresher- a skin care product produced by Shanghai Zotos Citic Cosmetics Co - and has ordered the brand to recall the product, according...
45 years in the making: AmorePacific publishes microscopic hair study
K-beauty behemoth AmorePacific has published a minute study of hair that took some 45 years to compile, according to a report published by Pulse News. The microscopic study on hair has contributed to the group’s ground-breaking product development in the hair care...
India’s anti-trust authority approves P&G-Merck deal
India’s Competition Commission has given Procter & Gamble the go ahead to buy a 51.8 percent stake in Merck, according to a report published by The Hindu Business Line. The acquisition of Merck’s consumer health unit for €3.4 billion, which was agreed back in...
‘We want to stay independent’: Cosmax CEO resists takeover
The CEO and Chairman of Cosmax, Lee Kyung-soo has revealed that he has rejected two takeover bids, according to a report published by Nasdaq, quoting Reuters. “I can easily sell the company if I want to,” Lee told Reuters. “Because cosmetics brands often undergo sales...
Korea aims to boost trade with India with new SME tech exchange center in New Delhi
South Korea’s Ministry of SMEs and Startups has cut the ribbon on a technology exchange center in New Delhi, India, in a bid to boost trade between the two nations, according to a report published by Yonhap News. The center’s inauguration was prompted by a bilateral...
Cruelty Free International negotiates pilot program to circumvent China’s mandatory animal testing for foreign brands
Cruelty Free International has signed an agreement with Chinese authorities that will see the mandatory animal testing requirement imposed on cosmetics imports by the country’s lawmakers lifted for foreign companies for a set trial period, according to the Financial...
Unilever Australia: We’ll run our plants on 100 percent green power
Unilever will operate all its Australian manufacturing facilities on green energy by 2020, according to a report published by The Sydney Morning Herald. The Dutch FMCG manufacturer said that the country’s energy suppliers had reached a ‘tipping point’ whereby...
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