Unilever Targets Sustainable Palm Oil Alternative With $120m Biotech Deal
Unilever PLC partners with biotechnology company Genomatica to fund and scale plant-based alternatives to palm oil for personal care and cleaning products.
You may also be interested in...
L’Oreal, Kao and Unilever have partnered with Genomatica, Inc. (Geno) to develop sustainable surfactants by replacing feedstocks such as palm oil and fossil fuels with biotech alternatives.
Beauty and personal-care product manufacturers should expect continued supply chain issues in 2023, supplier execs said at the IBA Supply Chain and Sustainability Virtual Summit, highlighting a number of ingredients and materials that could face particular challenges.
Procter & Gamble Co. shareholders elected 10 incumbent directors and one new director to the company’s board on 11 October, each receiving more than 90% of votes, the company says. NGOs pushed for changes, including CEO Jon Moeller’s replacement with an independent director, citing rising concerns about P&G’s forest sourcing practices.