Author: Louise Prance-Miles

Speciality Chemicals Market set to grow by 2020

A new report has stated that demand from the Asia-Pacific region and end user industries such as the cosmetics market has enabled a projected growth of the specialty chemicals market by 2020. Likewise increased R&D activities to develop new products is also a key factor. Developing countries such as China and India are driving growth through continued demand, with the market set to register a CAGR of 5.42% between 2015 and 2020. Asia-Pacific is set to witness the highest growth during this time, while factors preventing the market include raw material price and environmental regulations regarding the use of...

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Kollagen expands distribution to Mexico

Californian-based cosmetics company Kollagen has announced it is expanding its distribution to Mexico, alongside distributor Making Beauty. With a focus on nano gold technology – also known as NGT® – Kollagen produces affordable, eco-friendly anti-ageing skin care products, which will now hit the Mexican market thanks to the new distribution agreement. The company has combined with Making Beauty to distribute its products, which has been present in Mexico City for over ten years. In order to grow awareness of the brand, Kollagen is working with several distributors in the country. CEO George Huerta says, “The Latin American cosmetics market...

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Make in India directive falls short due to high import of finished goods

Multinational FMCG companies are said to be falling short of the ‘Make in India’ quest delivered by the newly-elected Prime Minister Narenda Modi due to the high import of finished goods when launching or testing new products in the Indian market. Data compiled by BS Research Bureau over the past five years shows that FMCG firms owned by multinational companies are importing more than they are exporting. Some of the top MNC companies, Hindustan Unilever, Procter and Gamble Hygiene and Healthcare, and Gillette India, have consistently seen higher imports than exports from 2010-11 and 2014-15. However, it is said...

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