Kose to build CO2-free manufacturing facility
Kose has announced plans to build a facility using hydro-electric power, said to be the first of its kind in Japan. During its operational phase, the factory will draw on locally produced green hydrogen, and will be carbon neutral by 2040.
Amazon Introduces Temu-Inspired Section for Budget-Friendly Chinese Products
Amazon plans to launch a dedicated section on its main website, mimicking the style of Chinese cross-border bargain app Temu.
Carlyle Group Initiates Sale of Japanese Cosmetics Supplier Tokiwa
The Carlyle Group has initiated the sale of Tokiwa Corp, a Japanese cosmetics supplier, with the potential deal valuing the company at $800 million.
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.
Henkel cuts ribbon on Shanghai R&D center
Henkel has cut the ribbon on its new Asia R&D center for Consumer Brands in Shanghai. The RMB100 million facility is the Schwarzkopf manufacturer’s largest in Asia.
Nu Skin Opens Shanghai Facility
Nu Skin Enterprises, Inc. has opened a new manufacturing facility in Shanghai, China, representing an investment of approximately $55 million.
New Unilever Philippines facility to increase production by 15 percent
Unilever Philippines has ramped up production by 15 percent thanks to an €80 million investment in a state-of-the-art facility.
P&G India Announces New Fund
Procter & Gamble India (P&G India) is setting up a ‘P&G Supply Chain Catalyst Fund’ worth 300 crore.
LG Electronics to follow stablemate H&H into beauty?
LG Electronics is said to be mulling the creation of a line of beauty products to accompany its recently launched Pra.L skin care device.
France hopes to cooperate with China on cosmetics safety standards
In response to China’s new registration scheme for foreign beauty products, France’s Foreign Minister, Bruno Le Maire is set to meet with Chinese officials in the hope of thrashing out a mutually acceptable alternative.
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