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The Belgium-based chemicals company said that the investment, made through its venture capital fund, will help to bring more sustainable products and processes to market.
The Belgium-based chemicals company said that the investment, made through its venture capital fund, will help to bring more sustainable products and processes to market.
It’s been a week of beauty companies forming alliances across Europe. Last night in Brussels, L'Oréal Groupe, Beiersdorf, Givaudan, IFF, KIKO Milano and Ancorotti Cosmetics joined hands to launch the Value of Beauty Alliance and highlight the industry’s impact on the European economy and beyond.
French beauty company L’Occitane Group has recorded sales of €843.4m in its third quarter, up by 19.5%, which was mainly attributed to a 199% increase in sales from the Sol de Janeiro brand.
The draft rules will follow a ‘polluter pays principle’, which means businesses will have to cover 80% of the extra clean-up costs.