NEWS NEWS IN BRIEF


French speciality chemicals supplier Seppic has appointed Hannes Moeller as its new managing director. Moeller’s previous role was R&D programme director of Seppic’s parent company, Air Liquide Group.


US firm Ultra Chemical has promoted Laura Anderson to the role of sales manager for North America. In this role, Anderson will help to guide and mentor the sales team, create sales plans and goals, evaluate sales territories, and continue to build out the team.


US specialty chemical and ingredient distributor Univar Solutions has appointed Tony Jaillot as vice president of global Beauty & Personal Care. Jaillot will lead the company’s sales, marketing, technical and product management efforts across the Beauty & Personal Care end market.


Sephora has appointed Stuart La Brooy has vice-president for Southeast Asia and Oceania, excluding China. La Brooy joins the French multinational beauty company from drinks company Diageo, where he held the position of Senior Marketing Director, Strategic Partnerships Asia.


Estée Lauder has elected Arturo Nuñez to its Board of Directors, who will also join the company’s audit committee. Nuñez is chief marketing officer of Nu Holdings (Nubank), a digital banking platform headquartered in Brazil that serves customers across Brazil, Mexico and Colombia.


Procter & Gamble has named Jon R Moeller as chairman of the board alongside his existing roles as President and CEO of the company. The board of directors has also reappointed Joseph Jimenez as lead director.


German chemical distributor OQEMA has acquired French outfit Orosolv to boost its infrastructure and service capabilities in the country. Orosolv, located close to Lyon in south-east France, has two warehouse locations, its own logistics, blending and repacking facilities, with over 20 employees.


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Symrise Scent & Care Q1 sales up 12.4%


Symrise’s Scent & Care business unit generated sales of €419.3 million in the first quarter of 2022, up 12.4% on revenue of €373.2 million a year earlier. The German firm’s fragrances,


perfumery applications and cosmetic ingredients business saw organic sales growth of 4.9%, it said. “Sales in the cosmetic


ingredients division developed very positively during the first quarter of the current year with organic percentage growth in the double- digit range,” the company said in a statement. “The key growth drivers were


the regions EAME (Europe, Africa, Middle East) and Latin America. In particular, the application area for sun protection products grew dynamically as a result of the increase in international travel activity and the return to more widespread leisure activities.” Overall, Symrise recorded group sales of €1,090.6 million in the


Givaudan Active Beauty Q1 sales grow by 8.2%


Givaudan Active Beauty sales in the first three months of 2022 grew by 8.2% year on year on a like-for- like basis. The Swiss multinational


manufacturer as a whole recorded sales of CHF 1,780 million, an increase of 4.6% on a like-for-like basis and 6.4% in Swiss francs. Fragrance & Beauty sales were


CHF 810 million, an increase of 2.7% on a like-for-like basis and an increase of 2.8% in Swiss francs. Givaudan said that it will


continue to implement price increases in collaboration with its customers to fully compensate for the increase in input costs it is experiencing this year. Givaudan chief executive Gilles


Andrier said: “Our good sales growth of 4.6% on a like-for-like basis has been achieved against a strong prior year comparable growth of 7.7% on a like-for-like basis, and demonstrates the strength of our business and of our organisation in supporting our customers around the world.”


first quarter of 2022, up 14.9% on revenue of €949.6 million a year earlier. Symrise AG chief executive Dr.


Heinz-Jürgen Bertram said: “As the year progresses, we will see an increased level of volatility in the business environment due to the war in Ukraine and the ongoing battle against the pandemic.


“Nevertheless, we expect


reliable demand and are convinced that we are well positioned for the coming months. We are consistently implementing our growth initiatives and continue to target organic sales growth of 5 to 7% with an expected EBITDA margin of around 21% for the current fiscal year.”


Natural skin caremarket ‘worth $7.14 billion in 2022’


The global natural skin care products market will be worth $7.14 billion in 2022, according to a new report by market research outfit Fact.MR. The Natural Skin Care


Products Market report anticipates annual growth of 6.5% to 2032, when the value is expected to rise to $13.4 billion. Fact MR attributes the


expansion of the market to the growing awareness about the benefits of using organic and herbal products.


“The growing cases of


acne-prone skins among men and women are projected to be another key factor driving the industry in the coming time. Furthermore, the growing endorsements of natural skin care products are likely to augment the market considerably,” the company said in a statement. Fact MR expects Europe to


secure the largest market share of about 33% while the APAC region is projected to grow at 6% per year during the forecast period. In a related development,


a separate report published by Markets and Markets, 'Personal Care Ingredients Market by Ingredient Type... Global Forecast to 2027' expects the personal care ingredients market to grow from $11.8 billion in 2021 to $14.9 billion by 2027, an annual compound growth of 4%.


June 2022 PERSONAL CARE


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