, APAC
134 views
Shutterstock photo

L’Oréal enters tri-party agreement to advance sustainable beauty ingredients

The partnership will support the large-scale production of bio-based ingredients.

L’Oréal has announced a new tri-party agreement with biotech innovator Abolis Biotechnologies and global specialty manufacturer Evonik to accelerate the development and production of sustainable beauty ingredients. 

The agreement aims to drive the discovery, development, and production of cutting-edge, sustainable ingredients for the beauty industry and beyond. It will also support the large-scale production of bio-based ingredients, aligning with L’Oréal’s “L’Oréal for the Future” sustainability goals and meeting the rising global demand for responsible beauty solutions.

As part of the agreement, L’Oréal and Evonik have made minority investments in Abolis, a French biotech company based in Genopole. Abolis is renowned for its expertise in developing tailor-made industrial solutions using microorganisms for various sectors including cosmetics, healthcare, and food. 

L’Oréal’s venture capital fund, BOLD, has participated in a $39 (€35m) funding round that also includes contributions from Evonik CVC, Deep Tech & Climate Fund (DTCF), Clay Partners, Icos Capital, and Liberset. 

The investment will enable Abolis to enhance its development of microbe-powered solutions, facilitating a transition to more sustainable business practices across multiple industries. 

The collaboration began in 2019 and expanded with a new lab setup in 2022.

Kawan Lama Indonesia mengaburkan batas antara belanja online dan offline

Pengunjung  platform e-commerce grup, Ruparupa.

K3Mart memadukan budaya Korea dan produk UMKM lokal dalam satu gerai

Convenience store itu menyediakan perbandingan produk impor dan produk lokal sebesar 50:50 di 30 outlet mereka.

Meningkatkan penelusuran dan efisiensi manajemen inventaris dengan barcode 2D GS1

Barcode 2D ini berfungsi sebagai penyimpanan data yang kompak.

The Coffee Bean & Tea Leaf menyeimbangkan kualitas dan kenyamanan melalui produk ritel

Mereka memperluas rangkaian produk termasuk berbagai kopi single-origin yang disesuaikan dengan preferensi pemanggangan yang berbeda.

KCG menguasai brand positioning untuk segmen premium di Indonesia

Mereka mengadopsi solusi berbasis teknologi terbaru untuk sukses mengelola 92 toko ritel di 20 kota di Indonesia.

Ini alasan brand-brand mewah meningkatkan investasi AI

Sektor ini telah menginvestasikan lebih dari $360 juta dalam AI selama tiga tahun terakhir.

Bacha Coffee menguasai retail kaya sensorik di Jakarta

Memadukan warisan dan kemewahan, Bacha Coffee Plaza Senayan menghadirkan pengalaman unik bagi pecinta kopi Indonesia.

Bagaimana WCT Malls meningkatkan penjualan tenant melalui pemasaran terarah

Melalui pemasaran terarah, mal ini meningkatkan penjualan tenant dan tingkat okupansi.