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New meta cluster increases international collaboration for business and research purposes.
April 28, 2021
By: Charlie Sternberg
Associate Editor
The Independent Beauty Association (IBA), a national association for cosmetics and perfumery, is a founding member of the newly formed Global Cosmetics Cluster. This global network represents the whole value chain of the beauty industry: including extraction of ingredients, raw materials, formulation, manufacture, packaging, finished products, distribution and logistics, engineering/machine tools, assembly lines, testing and analysis/quality control, services, research, and training. The new entity incorporates 15 founder members, representing more than 3700 companies across five continents. The new association’s board is chaired by Cosmetic Valley (France) as president, with Beauty Cluster (Spain) as treasurer, and Canadian Cosmetics Cluster as secretary and is completed by Cosmetics Cluster UK. “Our industry is global. What happens in the EU can affect business in California. IBA has joined the Global Cosmetics Cluster to serve our members better and provide them with networking contacts and information globally,” says IBA President, Dr. Ken Marenus. The purpose of the new meta cluster is to increase international collaboration for business and research purposes by creating opportunities for networking and partnerships, thereby helping its members to grow.
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