Lubrizol Acquired By Berkshire Hathaway
Berkshire Hathaway Inc. has acquired Lubrizol in an all-cash transaction valued at approximately $9.7 billion, including approximately $700 million in net debt, according to the companies.
The deal is on… Read More »
Sales Up 12%, Net Income Rises 17% at L’Oréal
L’Oréal’s sales for 2010 rose 12% to $26.6 billion. Net income rose 17.2% to $3.1 billion. Jean-Paul Agon, chief executive officer of L’Oréal, commented, &l… Read More »
Sederma Develops Sustainable Ingredients
Sederma is not only about developing natural molecules of interest for the cosmetic industry. Its newest challenge is to produce them in quantities without causing any damage to the environment.
Therefo… Read More »
Rexam Teams Up With Ted Lapidus
The recent launch of the Ted Lapidus prestige fragrances White Soul and Black Soul, supported by a comprehensive mini-product program from Rexam based upon the company’s Sof’press spray, represents the l… Read More »
By Katie Middleweek, Editor, European Cosmetic Markets
Published April 5, 2011
The sun care market in the Big 5 has warmed up during the past year as each country recorded gains in value terms. But while Germany posted the most growth at 5.3%, the UK just about broke even with a scant gain of just 0.1%. Still, a gain is a gain… Read More »
Despite turmoil in the region, Iran has great economic growth potential, thanks to its young, educated workforce and a wealth of natural resources, which include 10% of the world's oil reserves and 14% of the world's natural gas reserves. Read More »
The recent announcement by Procter & Gamble (P&G) that it was raising prices on many of its consumer products should come as no surprise to anyone who’s been following the rise in commodity costs during the past year. Speaking at a Co… Read More »
By Nadim Shaath, Alpha Research & Development Ltd.
Published March 11, 2011
Conflicting news on the benefits and dangers of sunscreen and skin cancer has saturated news both in print and online for the past few months. Several interesting reports on new ingredients as well as sun care formulations have surfaced. In additio… Read More »
They may be less sexy than their anti-aging counterparts, but OTC and medicated personal care products address a range of maladies that affect consumers' skin, how they feel and their self-esteem. Read More »