MINERAL OIL PRICE RISES LESS IMPORTANT FOR COSMETICS PRODUCERS THAN FORMULA FIT WHEN SWITCHING TO BIO-BASED OILS AND FATS
November 1st, 2008
BY JAMES BURNS, PHILIPPA JONES, KARRYN MILLER and FRANCES WANG
IF anything would drive the cosmetics sector away from mineral oils into the arms of bio-based oils and fats suppliers, it is surely the high crude oil prices that punished buyers before they began to fall steeply in the summer.
However, a global review of how bio-based oils and fats have been faring in the competition to seize market share with mineral oils within the cosmetics and personal care sector shows that this buyer is more concerned about finding the correct formulation than cost. This was ...
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