Lush Korea to expand use of locally sourced beans
Lush Korea has struck a deal with the Ministry of Agriculture, Food and Rural Affairs to up its use of locally sourced ingredients. The pair signed a memorandum of understanding which will see the ethical cosmetics brand use locally grown beans and pulses in beauty products.
Australia Updates Sunscreen Standards to Align with Global Best Practices
Standards Australia has released an updated sunscreen standard, AS/NZS 2604:2021, setting new benchmarks for sunscreen testing and labeling to ensure products sold in Australia and New Zealand meet international quality guidelines.
Escalating Trade Tensions: China Imposes Hefty Levy on U.S. Propionic Acid Amid Broader Trade Dispute
In a recent development that marks a significant escalation in the ongoing trade disputes between the U.S. and China, the Chinese government has imposed a substantial 43.5% levy on imports of U.S.-manufactured propionic acid.
Indorama Ventures dials back on M&A in favor of reducing debt
Indorama Ventures Group CEO, Aloke Lohia has revealed that the company will not be pursuing further mergers and acquisitions, instead, it will focus on reducing its debt, prioritising a strong balance sheet and healthy cash flow over rapid growth.
New Zealand poised to become first country to ban PFAS in cosmetics
New Zealand’s Environmental Protection Authority has announced a ban on forever chemicals in cosmetics that will come into force by 2026, potentially making the country the first to outlaw PFAS.
Cosmax sets up dedicated sun care lab
Cosmax has announced the establishment of a dedicated OTC lab for sunscreen products within its R&I Center in South Korea. The facility will serve as a specialized laboratory that supports an entire process of sunscreen product production from research to manufacturing.
Amorepacific Achieves COSMOS Certification for camellia-derived cosmetic ingredients
South Korean cosmetics company Amorepacific Corp. has announced that three of its camellia-derived cosmetic ingredients have received COSMOS certification.
Amorepacific Joins Global Alliance for Animal-Free Cosmetic Safety
South Korean cosmetics company Amorepacific has joined the International Collaboration on Cosmetics Safety (ICCS).
Shiseido rides the green wave, teaming up with CHITOSE for eco-friendly microalgae
Shiseido is investing one billion yen in the CHITOSE Group’s MATSURI project to support the growth of a sustainable microalgae industry in collaboration with CHITOSE BIO EVOLUTION PTE. LTD.
LVMH cuts ribbon on Shanghai R&D center
Some companies may be struggling to navigate the post-pandemic landscape in China but LVMH isn’t one of them. The luxury goods conglomerate has cut the ribbon on an R&D center in Shanghai, focused on luxury beauty, according to a report published by WWD.
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