Industry buzz
Standard & Poor’s downgrades M-real’s credit rating
Standard & Poor’s has today downgraded M-real Corporation’s B- rating to CCC+, announced the company in a release. The downgrade...
Sumrfit-Stone may go bankrupt, report says
US-based manufacturer of paperboard and paper-based packaging, Smurfit-Stone Container Corporation, has told its lenders that plunging...
Rhodia to acquire McIntyre Group
France-headquartered chemical company Rhodia has signed an agreement to purchase the privately held McIntyre Group Ltd, a US manufacturer...
New manufacturing and R&D facilities for Promens in France
The Icelandic group Promens is transferring its production of plastic packaging for the beauty and health markets to new premises, just...
Ecuador’s President wants to close borders to perfumes
Ecuador’s President Rafael Correa recently announced its decision to limit the importation of around 25 product categories, including...
Lipotec opens a new subsidiary in Italy
Spanish specialist of peptides and active ingredients, Lipotec, has chosen the Italian market to open its fourth subsidiary, together...
EU Commission clears Dow Chemical acquisition of Rohm and Haas
The Dow Chemical Company said it received confirmation on January 08 that the European Commission was declaring its proposed acquisition...
FDA: new labelling for carmine and cochineal extract
Carmine and cochineal extract, common colour additives used in variety of products will have to be specifically declared on the label of...
Oriflame to bring arctic freshness on male skins
Oriflame is about to launch North for Men, a new skincare range for men based on natural arctic ingredients. The range is formulated...
Derxin aims to lead Asia’s cosmetics OEM/ODM markets
With two subsidiaries specialising in the manufacturing of cosmetic and OTC products, the HK Fangxin Group is structuring its offer and...
