Plastics recycling is set to become a major new industry, based on the need to use renewable carbon. As the Nova Institute has shown, there is scope to expand production by 15x by 2050. And so if plastics companies don’t get to work now, new entrants will quickly emerge to replace them.
Chemicals and the Economy
’60 is the new 60′ for the cosmetics industry
More and more industries are now entering the New Normal and refocusing on the new areas for future growth, such as the New Old 55+ generation in the West. Cosmetics companies are the latest to change direction: • When the Boomers were young, they encouraged women to be youth-obsessed • But now, the key messages […]
L’Oreal goes Affordable
Further evidence of the trend towards a more frugal consumer comes from L’Oreal, the world’s largest cosmetics company. Like Procter & Gamble, it was slow to react to the trends identified by the major retail chains some 2 years ago. As a result, its profits fell 14% in H1, after decades of 10% annual increases. […]
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