Bain Capital Eyes Ilooda Acquisition
Ilooda, a South Korean medical aesthetic device maker, is expected to sell its management rights to US private equity company Bain Capital LP.
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.
Chinese shoppers boycott J-beauty over Fukishima release
Chinese shoppers are boycotting J-beauty over a planned discharge of water from Japan’s Fukishima No 1 nuclear plant, according to a report published by the Japan Times.
Henkel’s Chennai plant hits carbon neutral target
Henkel has announced that its plant in Chennai has become carbon neutral, according to a report published by The Week. The Indian factory is the company’s second facility to hit this milestone in the India, Middle East and Africa region.
Pierre Fabre cuts the ribbon on innovation center in China
Pierre Fabre has announced the opening of its new dermo-cosmetics innovation and research center in China, its fourth such facility worldwide.
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.
Shiseido opens new Beauty Planet facility to offer factory tours
Shiseido is set to offer factory tours at its newly opened facility named Shiseido Beauty Planet, located at Fukuoka Kurume Factory.
Croda breaks ground on manufacturing plant in Dahej
Croda has broken ground on a manufacturing plant in Dahej, India, according to a report published by Chemical Industry Digest. The UK-based ingredients manufacturer has invested Rs500 crore in this first phase.
Henkel opens J-beauty innovation hub in Tokyo
Henkel has cut the ribbon on a J-beauty innovation hub in Tokyo. The center, which is dedicated to the Professional Hair segment, will leverage the long-standing expertise of Schwarzkof and Shiseido Professional in hair color developments and trends as well as premium hair and scalp care.
BASF to open new plants in China and Germany
BASF has announced its plans to open a new citral plant in China and menthol and linalool downstream plants in Germany. The new facilities are slated to come on stream from 2026 onwards.
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