Industry News Flash #2 - Personal Care - July 8, 2024

⚡️ Personal Care Industry News Flash 🗞️ 

Ingredient Launch:

Clariant’s CycloRetin, a natural skincare active derived from prince ginseng, offers gentle yet effective retinol-like benefits. CycloRetin’s heterophyllin B molecule enhances skin matrix production, improving collagen and reducing signs of aging. This eco-friendly, water-soluble ingredient made its debut at in-cosmetics Global 2024 in Paris, and is featured in formulations like Firming Mask and Mask Mist. Check it out on Covalo now!

Scientific Breakthrough:

May Kay Inc. recently revealed the results of their two research studies, conducted from their ongoing partnership with the Society of Investigative Dermatology. The first is an antioxidant treatment (blend of resveratrol, niacinamide and oligopeptide-1) that can diminish the visible effects of pollution and aging on human skin, for #BetterAging. The second is a focus on leveraging computational toxicology tools to accurately predict the safety and potential reactions of human skin to various cosmetic ingredients, enhancing ingredient safety assessments. This innovative approach predicts safety of ingredients at an early stage, significantly reducing the need for extensive lab testing.

Regulations & Compliance:

New substances will be banned in personal care products in the EU through the Omnibus act VII, which will be applied as of September 1st, 2025. On June 24th, the EU commission notified the WTO of the amend to the cosmetic regulation to introduce new prohibited CMR substances. These ingredients were not defended by industry. Access the notification here, and review the CMR substances, amongst other CLP classification updates.

Company Update:

CP Kelco, a nature-based ingredient solutions company, announced their intent to combine their business with London-headquartered global food and beverage solutions business, Tate & Lyle, through the sale of CP Kelco by J.M. Huber Corporation. This combination would create a leading and differentiated global specialty food and beverage solutions business.

[Source: Marketing Email from CP Kelco]

Sustainability Update:

L’Oréal has partnered with biotech beauty company Debut to develop over a dozen bio-identical ingredients, set to replace conventionally sourced ones in L’Oréal’s global beauty and personal care products across skin, hair, color cosmetics, and fragrance. Using advanced bio-manufacturing processes that combine fermentation and cell-free technology, Debut will create new biotech-based ingredients, reducing the need for conventional farming and chemical synthesis, and preserving our natural resources. This collaboration aligns with L’Oréal’s 2030 sustainability goals of having eco-designed formulas and 95% of ingredients from renewable plant-based resources or abundant minerals. This partnership highlights L’Oréal’s commitment to driving sustainable innovation in the beauty industry.

Events & Tradeshows:

Cosmoprof North America (CPNA) is set for July 23-25, 2024, in Las Vegas. As the leading B2B beauty exhibition in the Americas, CPNA is known for its dynamic growth and unique programs. This year’s event promises to introduce revolutionary technologies, product innovations, and new channels of manufacturing, packaging, and distribution. The exhibition is a premier launching pad for new beauty brands. Stay updated on the innovations and collaborations emerging from CPNA 2024!

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