Business & Financial

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Evonik Venture Capital regularly invests in beauty

By Deanna Utroske

In 2012, the specialty chemical company established an in-house venture capital firm. Over the intervening years, the company has invested in nearly 20 businesses, many of which promise to influence the future of the cosmetics and personal care industry....

Jamaican authorities eye expansion into medical cannabis

Jamaican authorities eye expansion into medical cannabis

By Simon Pitman

The Cannabis Licensing Authority (CLA), of Jamaica, has moved to raise the number of conditional approvals for medicinal cannabis, which includes applications for consumer products such as beauty and personal care.

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Markwins Beauty Brands is taking LORAC global

By Deanna Utroske

Late last week, the cosmetics company announced plans to take the color brand global, first expanding its footprint here in North America, and next by using an ecommerce strategy to reach consumers in Asia.

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Sun Chemical is buying BASF pigment business

By Deanna Utroske

In late August, the DIC Corporation (of which Sun Chemical is a subsidiary) announced having entered a definitive agreement with BASF to acquire the company's Colors & Effects global pigments business. BASF Colors & Effects serves several...

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ALS acquires Mexican lab testing company

By Simon Pitman

Global lab testing business ALS has acquired a major player in the Latin American market for cosmetic and personal care quality testing.

Increased sales boosts profits for Natura

Increased sales boosts profits for Natura

By Simon Pitman

Natura’s latest results for its second quarter shows that the company continues to make big gains, with both sales and profits both showing very strong gains.

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