Market Flash

Disturbing news has emerged from the Rapid Alert System for Food and Feed (RASFF) of the European Union.

• tea

In a groundbreaking move, California recently passed a law to ban the use of red No. 3, a synthetic food coloring, becoming the first state to take such action.

• red no 3

In a groundbreaking move, California recently passed a law to ban the use of red No. 3, a synthetic food coloring, becoming the first state to take such action.

• red no 3

Silab, a French manufacturer specializing in natural active ingredients for the cosmetics market, has opened a new commercial subsidiary in Japan.

• Silab
• NEA
• KK

Hair loss affects a significant number of people in China, with over 250 million individuals experiencing some form of alopecia.

• hair loss
• Minoxidil

Recently, global specialty chemicals group Altana announced the acquisition of Silberline, a US company specializing in the development and manufacturing of effect pigments for a variety of applications.

• ALTANA
• Eckart
• Silberline

L'Oréal announced that it has signed an agreement to acquire the outstanding shares of water technology startup Gjosa.

• L'Oréal
• Gjosa

NOVA Chemicals recently announced changes to its organizational structure, a move that will, to a certain extent, consolidate its momentum as North America's leading sustainable polyethylene producer.

• Nova chemical

Leibniz Research Institute for Environmental Medicine in Düsseldorf, Germany, has revealed that tire wear, along with age and temperature, can hasten neurodegeneration in models of Alzheimer's and Parkinson's disease.

• Alzheimer

Aspartame, the artificial sweetener commonly found in diet soda and various food products, has recently come under scrutiny due to conflicting assessments of its safety.

• Aspartame

Aspartame, the artificial sweetener commonly found in diet soda and various food products, has recently come under scrutiny due to conflicting assessments of its safety.

• Aspartame

Recently, Sherwin-Williams launched SHER-WOOD® Environmentally Adaptable (EA) Hydroplus™.

• Sherwin Williams

Cosmetic solutions startup Makeo has raised $16 million in a new funding round led by 360 ONE Asset and public market investor Ashish Kacholia.

• Makeo

On January 9, 2024, the European Food Safety Authority (EFSA) released an assessment report confirming the data on aluminum and magnesium phosphide residues in peanuts, barley, oats, and other commodities.

• aluminum
• magnesium phosphide residues

According to the Rapid Alert System for Food and Feed (RASFF) of the European Union, syrup exported from Taiwan was reported as non-compliant by Ireland on January 9, 2024.

• syrup

According to the Rapid Alert System for Food and Feed (RASFF) of the European Union, Chinese exports of onion extract and melamine bamboo fiber utensils were reported as non-compliant on January 9, 2024.

• Melamine

The Health and Safety Executive (HSE) recently issued Notice GB MRL2024/001, proposing a revision to the maximum residue level (MRL) of prothioconazole in oats.

• Prothioconazole

On January 9, 2024, the Taiwan Food and Drug Administration issued a border inspection report revealing the presence of pesticide residues in a batch of Indonesian seasoning products.

• pesticide residues

On December 14, 2023, Sun Chemical announced the expansion of its SunPURO ® Naturals product line to meet the beauty industry’s growing demand for responsibly sourced natural colorants in cosmetics and personal care formulations.

• Sun Chemical
• SunPURO
• ®

The move will enable Beijing New Building Materials to expand its portfolio to other parts of China.

• Beijing New Building Materials
• Carpoly