News & Analysis on Cosmetics Innovation
DuPont Tate & Lyle Bio Products is expanding its bio-based 1,3 propanediol (Bio-PDO) manufacturing facility in Loudon, Tennessee in order to increase production of the corn-based ingredient by 35 per cent.
Increased demand for innovation is likely to drive growth in the European and US market for personal care ingredients, says an industry expert from market research company Kline.
Eastern Europe was one of the ‘major disappointments’ for the beauty industry in 2009, according to market researcher Euromonitor International.
Companies should maintain their advertising spend even when times are tough to try to stop consumers from trading down, according to research company comScore ARS.
Colgate-Palmolive has announced strong sales growth for its first quarter, driven by robust overseas sales, but tax charges relating to the Venezuelan currency devaluation hit profits.