Britain's Croda, manufacturer of ingredients for cosmetics and personal care products, is to close its Wilton manufacturing site following a decision by Dow Chemical to close an adjoining facility which produced a key raw material.
Japanese scientists said they had developed a surgical 'nano-sheet' that can patch up internal wounds and later dissolves inside the body. Fujie said the inventors were also thinking of other possibilities - including in cosmetic use.
Crabtree & Evelyn Ltd, a specialty retailer known for its soaps and other personal care products, filed for Chapter 11 bankruptcy in the United States as the tough economy led to falling sales and rising losses.
The 50 principal global large-scale consumer goods groups saw their profitability decrease this year because of a drop in consumer purchasing power, but they should continue their acquisitions in the same manner as in 2008.
The Kao group announced that work would start on a new eco-technology research centre just south of Osaka in January 2010. This project was unveiled a few days after the launch of a new mantra for the group: “enriching lives, in harmony with nature”.
Japanese private equity firms Advantage Partners, Unison Capital and MKS Partners will sell a 60 percent stake in Kracie Holdings to hair-colouring products maker Hoyu Co, a source with knowledge of the matter said.