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IF the record turnout at this year’s edition of the cosmetics and personal care industry’s premier international trade fair, Cosmoprof Worldwide Bologna (March 20-23), in Italy, is a sign of resilience amidst the still weak global economy, than the future is starting to look bright for the beauty business.…

Sales of women’s fragrances in Brazil already generate an impressive USD4 billion in retail value annually (in 2014), according to market researchers Euromonitor. But doubts on continued growth in the segment started to be voiced when the country’s economy started declining two years ago.…

In the highly competitive global lollipops market, manufacturers are creating innovative additions to this traditional confectionery to attract consumers with innovative designs attempting to generate an emotional response to these products. Around the world, lollipop manufacturers are tailoring shapes and designs to match seasonal holiday images; incorporating glow-in-the-dark features; and combining confectionery items such as lollipops and gum.…

HM REVENUE and Customs (HMRC) has asked the International Consortium of Investigative Journalists (ICIJ) to provide it with the huge offshore finance data dump obtained from Panama-based legal firm Mossack Fonseca. Jennie Granger, the HMRC director general of enforcement and compliance said: “We will closely examine this data and will act on it swiftly and appropriately.”…

A EUROPEAN Union (EU) research project will end this month (March), having discovered inhibitors for viruses, which could hasten the development of effective drugs. The EU-funded EUR21.8 million SILVER project (the EU contributed EUR 12 million) was launched in October 2010.…

Members of the European Parliament are calling on the European Commission to release a delayed report on method-of-slaughter labelling in order to hold a “proper debate” on labelling and animal welfare issues.
However, overcoming some sensitive cultural areas could prove to be contentious, as certain factions seek to exploit attitudes to religious slaughter.…

The European Commission unveiled its long-anticipated new energy strategy on February 25, heralding the creation of an ‘Energy Union’, with a proposed influential European Union (EU) electricity regulator. The announcement also outlined how the European Commission wants to achieve the European Council goal set last of October (2014) for all member states to have interconnection capacity, enabling the export of at least 10% of their domestically-produced electricity.…

THE VOLATILITY of the global energy market is presenting several challenges to the European Union’s (EU) biofuel sector. Low oil prices, recession, slumps in demand and political uncertainty in key oil producing areas are all raising questions of an industry that was meant to mitigate or provide solutions to many of these issues.…

THE LATIN American paint and coatings sector has been facing tough times in the past year, with sluggish overall economic performance depressing demand for the industry. Even, last summer’s World Cup football fiesta in Brazil, did not give the region’s largest market any motive to celebrate.…

North Africa’s entire paints and coatings market is valued at about USD1.1 billion on approximately 0.5 billion litres of coatings, according to the International Paint and Printing Inks Council (IPPIC). Of this, nearly 60% of the market value and more than 75% of market volume is comprised of decorative paints and coatings, according to data collected for the IPPIC by US-based Orr & Boss Inc.…