Industry News Flash #6 - Personal Care - September 4, 2024

⚡️ Personal Care Industry News Flash 🗞️ 

Ingredient Launch:

Derived from the fermentation of corn 🌽, Cosphaderm® Propanediol natural palm free by Cosphatec is a pure, transparent and colorless diol. This COSMOS and NATRUE certified ingredient is a great option for formulators wanting to create products without petrochemical or palm oil ingredients. As a non-sticky alternative to glycerol, it can also be applied as an emollient or solvent. Check it out on Covalo now! 

Scientific Breakthrough:

Nanotechnology is transforming the creation of sustainable, high-performance cosmetics by working with materials at the molecular level. A recent article in Cosmetics highlights how this innovative technology boosts the bioavailability and effectiveness of products derived from plant and animal by-products. The key insights reveal that nanotechnology enhances the stability and controlled release of active ingredients, paving the way for multifunctional cosmetics that offer benefits such as hydration, sun protection, and anti-aging properties. This trend meets consumer demand for versatile products and supports the industry's movement towards minimalistic beauty routines.

Regulations & Compliance:

In July, the US FDA denied entry to 72 batches of imported cosmetics from 17 different countries, with Thailand emerging as the top source of non-compliant cosmetics. Categories with the highest rejection rates were hair care products and oral hygiene items. Key reasons for non-compliance included the misclassification of drugs as cosmetics, labeling issues, and the improper use of color additives. Product owners received "Notices of FDA Action" detailing the violations. If they do not demonstrate compliance or present a plan to address the issue, a final notice will be sent, requiring the products to be exported or destroyed within 90 days.

Company Update:

Rituals Cosmetics has teamed up with Hong Kong Disneyland Resort for a multi-year partnership, bringing three collections of luxurious bath and body care products across the resort's hotels. Known for transforming beauty routines into meaningful experiences, the Dutch beauty brand's CEO Raymond Cloosterman shares that "this exciting collaboration [...] encapsulates our philosophy to find happiness in the smallest moments".

Sustainability Update:

Evonik has launched a new facility for sustainable emollients at its Steinau location in Germany. This investment will greatly enhance Evonik's production capabilities, addressing the rising demand for eco-friendly cosmetic emollients. It supports the increasing preference for sustainable beauty and personal care products, lowers the climate impact associated with ester production, expands the biosolutions portfolio, and paves the way for next-generation cosmetics.

Events & Tradeshows:

Get ready for in-cosmetics Latin America 2024, kicking off on September 25th! This event offers the best business and networking opportunities for the personal care ingredients community in the region. Attendees can discover a wide array of products — from fragrances and preservatives to conditioners, emulsifiers, silicones and beyond. Secure your tickets!

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