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NuSkin Eyes $1 Billion in China by 2014



Published May 3, 2013
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• CHINA: In connection with its annual incentive trip for Greater China sales leaders, Nu Skin Enterprises reiterated its goal of reaching $1 billion in annual revenue in the Greater China region by 2014.

“In 2010, when we set our $1 billion sales goal for the Greater China region, it seemed like an aspirational target,” said Truman Hunt, chief executive officer. “However, with momentum building in the region and the positive response we are receiving from customers in this growing market, we now believe the goal is achievable well within the original time frame.

Hunt also said the firm will continue to work toward its long-term vision of achieving $5 billion in global annual revenue by 2020. “We believe that our global business will continue to perform well into the future as we continue to build on our innovative ageLOC product platform, including our new weight management system scheduled to be introduced later this year,” said Hunt.

Solvay To Build New Alkoxylation Facility
• SINGAPORE: Solvay will build a large-scale alkoxylation facility in Singapore connected to Shell’s new high purity ethylene oxide (HPEO) unit located in integrated petrochemical hub of Jurong Island.

“This project is aligned with our aggressive growth strategy in Asia and solidifies our specialty surfactant production,” explained Emmanuel Butstraen, president of Solvay Novecare. “In addition to greatly expanding our alkoxylation footprint in Asia, the facility also demonstrates Novecare’s ambition to be the world leader in delivering innovative surfactant solutions to our customers on a global basis.”

Already Asia’s largest specialty surfactant manufacturer with 11 production sites and two R&D centers in Singapore and Shanghai, the new Solvay Novecare alkoxylation plant is projected to start operations by 2015. It will produce specialty alkoxylate surfactants which deliver targeted cleansing, dispersing, defoaming and emulsifying performance attributes in formulations developed for the fast-growing Asian market in home & personal care, coatings, industrial, agrochemicals and oil and gas.

The “on pipe” facility will be supplied by an ethylene oxide (EO) pipeline from Shell to feed the alkoxylation activities, highlighting both Solvay Novecare’s long-term commitment to sustainable production and the growing demand from its end markets, according to the company.

More info: www.solvay.com

L’Oréal Acquires ICP
• KENYA: L’Oréal has acquired the health and beauty business of Interconsumer Products Limited (ICP), a Kenyan company that has strong positions in the hair and skin care markets.

L’Oréal says the acquisition is an important milestone in the country as it broadens its product offer with accessible brands, and strengthens the group’s position in the mass market. The purchase will also accelerate L’Oréal’s development in Eastern Africa.

L’Oréal East Africa has been based in Nairobi since 2011.

Record Attendance At Cosmoprof Bologna
• ITALY: Attendance at Cosmoprof Worldwide Bologna rose 14% to a record 193,842 visitors. International visitors totaled 48,823, an increase of 22%. Cosmoprof Worldwide Bologna 2013 hosted 745 reporters, including 174 from abroad, who were greeted for the first time by a digital system with eight mega-screens broadcasting events of special interest as well as live streaming on the cosmoprof.com website. The 46th edition included 35 hours of television, 20 live streaming sessions and  national and international television channels documented various aspects of the fair. There was also a considerable amount of communication on social media. According to the show organizer,  visitors to Cosmoprof uploaded 6,000 photos to Instagram in just three days.
There were 44,731 followers on Facebook, and 981 followers on Twitter.

The next Cosmoprof in Bologna is April 11-14, 2014.

Lucas Meyer Cosmetics Acquires Southern Cross
• AUSTRALIA:  Canada’s Lucas Meyer Cosmetics, a wholly owned subsidiary of Unipex Group, has acquired Southern Cross Botanicals, a leading supplier of Australian botanical ingredients.

Southern Cross Botanicals, headquartered in New South Wales near Byron Bay in Australia, is recognized as the world’s leading reference for the development of innovative botanical ingredients derived from Australian native plants (botanical extracts, certified organic extracts, active ingredients, essential oils, vegetable oils and exfoliants).

Over the years, Southern Cross Botanicals has built a solid portfolio of products sourced in an ethical and sustainable manner without degradation to the environment, at fair market price from indigenous and non-indigenous growers and plant collectors, as well as from the company’s own plantations in Australia. 

More info: www.lucasmeyercosmetics.com

P&G Eyes South Africa For Plant Expansion
• SOUTH AFRICA: According to published reports from the region, P&G plans to construct a plant in South Africa. Construction is expected to begin next year, with production commencing by 2016 or early 2017. 

In 2009, P&G built a Pampers manufacturing site in Johannesburg. No site location for this new site has been revealed.

Silab Founder Jean Paufique Honored by France
• FRANCE: On April 6, French President François Hollande presented the Croix de Chevalier de la Légion d’honneur to Jean Paufique, president and founder of the Silab Company, rewarding his commitment to the service of France.

“This ‘Légion d’honneur’ is for me a true recognition of the results obtained during a long career in the service of my country,” said Paufique. “Silab is simply the culmination of a human, scientific and technological adventure of 30 years, which has been successful because it is based on strong values of independence, excellence and quality, with a focus on humanism.

“I am of course very proud to dedicate it to all those who have accompanied me on an exceptional human adventure,” said Paufique.
 
Paufique, an agronomist engineer and biologist, began his career in child nutrition and contributed greatly to its rapid expansion. After 14 years in that field, he founded Silab.

In addition, Paufique has created the Silab-Jean Paufique Corporate Foundation, which intends to fund fundamental research in skin cancer.

Unilever Marks 1 Million Ton CO2 Reduction
• UNITED KINGDOM: Unilever has announced that since 2008, it has achieved a carbon dioxide reduction of more than one million tons from its manufacturing and logistics operations—all as it grew sales by 26% during that time.

The reduction is a combination of 838,000 tons achieved from improvements in manufacturing activities and a 211,000 ton reduction from making global logistics operations more efficient, according to Unilever. 

New Finish Cleaning Line Features ‘Nordic Swan’ Logo
• FINLAND:  Clean Solutions Finland has launched a household cleaning product range that meets Nordic Ecolabel requirements.
Products include all-purpose cleaner, window and glass spray, toilet and bathroom spray, a quick cleaner, washing up liquid and a high-strength liquid cleaner.

In addition, it is the first home cleaning products line in Finland to feature braille labeling.

More info:  http://www.pohjanneito.fi

Lubrizol Personal & Home Care Shines at PCHi China
• CHINA: For the first time this year, Lubrizol featured its home care product line in the Personal Care & Homecare Ingredients China Exhibition (PCHi) at the Guangzhou Poly World Trade Center, a significant step toward expanding the footprint of the Lubrizol personal and home care business in Asia.

In addition, Dr. Sanjay Kalhan, global business director, home care, delivered a presentation on enhanced cleaning technology for hard surface care.

Further, Lubrizol was invited to present a paper on skin cleansing trends at the exhibition’s marketing forum and received two industry awards.

More info: www.lubrizol.com/personalcarewww.lubrizol.com/homecare

Drom Fragrances Wins Two Russian FiFis
• RUSSIA: At the Russian FiFis, “Fragrance City Woman Cruise,” created by Drom perfumer Barbara Zoebelein, won in the mass market category as “the best 2012 feminine fragrance” and a Drom-fragranced masculine line “The man that I love,” won in the popular advertising concept category.

Halina Melad, account executive for Eastern Europe at Drom fragrances, accepted the awards at Moscow’s Izvestiya Hall. The producer for both winning fragrances is KLAS, which is based in Moscow.

More info: www.drom.com 

Former Beiersdorf CEO Georg W. Claussen Dies at 100
• GERMANY: Georg W. Claussen, the longtime CEO, head of the supervisory board and honorary chairman of Beiersdorf AG, died on March 21 at the age of 100. In the 22 years in which he was active at the top of the company, Claussen built Beiersdorf into an international company. Sales during this time grew nearly 30-fold, according to the company.

“For three-quarters of a century, Claussen confidently represented a family company that took on the existential challenges of the continuously changing business environment, always motivating and reminding us of the need to be future-orientated,” said head of the supervisory board Prof. Dr. Reinhard Pöllath. “We will always be indebted to his standard and his legacy.”

Claussen came to Beiersdorf in 1938. After the death of his father Carl Claussen, he became the speaker of the board in 1954 and CEO in 1957. 


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