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Anjac Health & Beauty accelerates international expansion with the acquisition of Catalan company Laboratoires Feltor

By
Kristel Milet
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Feltor Cosmetic Laboratory - Warehouse

The industrial group Anjac Health & Beauty (specialized in the formulation, manufacturing and packaging of cosmetics, medical devices, drugs and food supplements) has taken another step in its development by making a major acquisition. Feltor Laboratories (€40M turnover) manufactures high quality dermo-cosmetic products, pharmaceuticals and medical devices on an FDA certified site. This international acquisition completes the premium offer proposed by the group.

After recently acquiring the companies Aircos, Pascual Cosmetics and Innovi, ANJAC Health & Beauty continues its development and confirms its ambition to build a group composed of companies with strong added values. Indeed, each company that joins the group brings its unique know-how and its capacity for innovation.
By adopting this entrepreneurial strategy, Anjac Health & Beauty intends to consolidate its position as a major industrial player at the forefront of innovation.
"Feltor Laboratories intelligently completes the portfolio of expertise and products already owned by Anjac Health & Beauty, while allowing us to integrate the Spanish market" says Aurélien Chaufour, General Manager of Anjac Health & Beauty.

Feltor Laboratories, one of the leaders in the Spanish cosmetics sector

Recognized on their market, Feltor Laboratories, whose DNA is perfectly aligned with that of Anjac Health & Beauty, have demonstrated a strong potential for development. The two companies complement each other through their industrial excellence, their expertise in dermo-cosmetics and their ability to innovate.
Established in the Barcelona area since 1981, Feltor Laboratories initially focused on the production of cosmetics for mothers/children and athletes. Since then, the Catalan company has expanded its production to dermo-cosmetics, pharmaceutical specialties for topical use (gels, lotions, shampoos, moisturizers, sun creams, anti-aging creams, insect repellents, anti-lice products) and medical devices (nasal sprays, vaginal mucosa care and gels for medical equipment), which are distributed in Spain and internationally.

Feltor Laboratories have specific know-how in premium products elaborated for high-end dermo-cosmetic brands. The Catalan manufacturer places great importance on quality and has numerous certifications (ISO9001, ISO14000, OHSAS18001, GMP, etc.). Feltor Laboratories recently passed an audit by the Food and Drug Administration (FDA), which opened the doors to the American market.

True to its convictions, Anjac Health & Beauty confirms that the management of the company, as well as the managerial and operational teams, will remain in place. These employees are indeed key resources to continue the growth of Feltor Laboratories, and to promote exchanges between the companies already present within the Group.

A dynamic start to the year

"Our ambition is to transform the business of industrial subcontracting by expanding our service offering towards our customers, in order to enhance our capacity for innovation and our position as an expert in the sector" says Aurélien Chaufour. After an acquisition in 2017, then two new ones in 2018, Anjac Health & Beauty demonstrates at the beginning of this year its will to continue its sustained entrepreneurial momentum. According to Aurélien Chaufour, "Anjac Health & Beauty is working on various projects to accelerate the pace of its acquisitions in France and internationally for the year 2019."
Anjac Health & Beauty carefully selects its acquisition projects of companies with new and complementary expertise, in order to complete its offer and strengthen the Group's positioning.

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Gattefossé launches its new W/O emulsifier at in-cosmetics global

By
Kristel Milet
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Industry - Cosmetic industry

To meet growing consumer demand for natural suncare and make-up products, Gattefossé has accepted a challenge and will be presenting a new ingredient at in-cosmetics global Paris.
Gattefossé drew on its solid expertise in lipid chemistry to develop Emulium Illustro, an innovative water-in-oil (W/O) emulsifier of natural origin, designed primarily for formulas containing pigments. Derived from a patented technology based on polyglycerol esters, Emulium® Illustro meets consumers' expectations and formulators' requirements in terms of performance and flexibility.

Uncompromising naturalness

Emulium Illustro has demonstrated superior performance and stability to other W/O emulsifiers on the market.
Flexible, easy to formulate and cold-applied, this new ingredient creates fluid textures that are comfortable on the skin, providing a soft touch and a feeling of hydration.
Particularly interesting in make-up and suncare formulations, Emulium Illustro can also be used to formulate original skin care textures.

"We worked for six years to find a lipid composition that would provide a concrete solution to the problems associated with formulating natural W/O emulsions. We selected three raw materials which underwent esterification followed by interesterification. The combination of a polyglycerol-6 grade containing little free glycerol with 12-hydroxystearic and ricinoleic acids has resulted in a flexible structure capable of stabilization without co-emulsifiers. The unsaturated chain adds fluidity to the emulsion, resulting in textures that are easy to spread. Maxime Nollet, engineer specializing in lipid chemistry at Gattefossé.

"Guided by experts in make-up formulation, we placed pigments at the heart of research from day one. Emulsions were built around pigments, taking into account different types of coating as well as uncoated ingredients. We challenged Emulium Illustro through a battery of tests to explore it from every angle: compatibility with cosmetic ingredients, stability, sensoriality and clinical evaluation. We also developed several formulas to demonstrate its benefits in make-up, sun care and skin care. Our natural foundation was evaluated by a panel of consumers accustomed to using foundations with silicones. The volunteers were delighted not only by the product's performance, but also by the way their bare skin looked after use. This is the greatest reward we could have expected." Malorie Duvent, formulation engineer at Gattefossé.

French cosmetics sector exports 14.5 billion euros, confirming its role as world leader

By
Kristel Milet
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Cosmetics and perfume industry

In 2018, the excellence and innovation of the French cosmetics industry were reflected in exports that passed the 14.5 billion euro mark (+6.3% on 2017). The sector posted a positive trade balance of 11.2 billion euros, up nearly 6.6% on 2017. The sector maintains its place on the podium of French export champions after aeronautics and wines and spirits.
Once again, the value of exports exceeds the sector's sales on the French market.

EU, Asia and North America remain top-performing zones

  • In the European Union, export growth remains strong, with an increase of 4.5%. The biggest increases were in Spain (+8.5%) and Italy (+7.2%). The outcome of the Brexit negotiations is eagerly awaited by the sector, as the UK is the second EU country (after Germany) to which France exports the most (over 1 billion euros, with an increase of 3%).Outside the EU, Russia's increase was 17.8%.
    Although Europe is already a mature market, and French products already have a strong presence there, the attractiveness and safety of our products means that we can continue to increase our exports.
  • Exports to Asia continue to grow, with an increase of 16.6% in 2018 and growth in excess of 20% in China (+22.7%) and Singapore (+24%). More than 20% of French products now go to Asia, representing more than 2.6 billion euros.
  • North America posted a 6.8% increase in exports, with a 5.7% rise in exports to the United States. This country remains the second most important destination for our global exports. South and Central America remain stable.
  • In the Near and Middle East region, exports fell slightly by 2.1% (with Saudi Arabia down 6.2%), closely linked to changes in oil prices.
  • For the Africa zone, the situation is contrasted: West Africa is up with +16.8%, while Central and Southern Africa is down by 6.8%. North Africa was also down (-3.7%), mainly due to Algeria blocking imports.

"French cosmetics continue to play a leading role worldwide. Admired for its excellence, it is innovating more than ever to meet consumers' new demands for well-being: in the quality and safety of formulations, the personalization of products and environmental commitment" declares Patrick O'Quin, President of the French Federation of Beauty Companies (FEBEA).

Champion categories maintain their momentum

Skincare products and perfumes still account for 3⁄4 of French cosmetics exports: respectively 45% for skincare and 22% for perfumes.
Other champion categories included :

  • Make-up continues to gain momentum, with exports up (by 4.8% for lip make-up and 3.7% for eye make-up),
  • Hair preparations increased by 7.5% and shampoos by 5.8%.

Pharmacosmetech : 1st exhibition of services, equipment and processes for the pharmaceutical and cosmetic industries, for perfumery and for fine chemistry

By
Kristel Milet
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Chemical substances - Physics

Pharmacosmetech will be held from April 2 to 4, 2019 at the Parc des Expositions in Chartres. A strategic location, since the region is home to the "Cosmetic Valley" and a pharmaceutical industry with a strong presence between Dreux, Chartes and Rouen, and on a Rouen/Orléans axis that concentrates over 42% of related industrial activities nationwide.
The concept convinced the 2 emblematic associations of the cosmetics and pharmaceutical industries: Cosmetic Valley and Polepharma*. As partners in the show, they saw the opportunity to bring together in a single venue the industries that concern them.

Over 300 exhibitors are expected at this first event which will bring together manufacturers and distributors of materials, equipment and services for the pharmaceutical, cosmetics, perfumery and fine chemicals industries, as well as players meeting the production, maintenance, logistics, safety and environmental needs of production sites in these industrial sectors. The show is primarily aimed at decision-makers and direct specifiers from operational departments: senior pharmacists, production/manufacturing managers, maintenance, technical, QHSE, new works, logistics, design/methods offices, instrumentation, formulation, laboratories, etc.

This first edition confirms a formula that has already proved its worth Even.pro's mission: to organize a trade event that is as close as possible to the industries and audiences it targets. The organizer Even.pro reproduces the innovative concept of its SEPEM Industries trade shows launched in 2006: 30 regional editions in 12 years, between 400 and 750 exhibitors and between 3,600 and 7,500 visitors depending on the edition.

A complete range of expertise in 10 business categories

  • Safety/Health/Environment
  • Packaging/Packaging/Traceability
  • Control/Measurement/Instrumentation
  • Laboratory/Clean room
  • Processes/Controls/Automation
  • Subcontracting/Maintenance
  • Raw materials/Additives
  • Services/Engineering/Training/IT
  • Industrial equipment/Industrial buildings
  • Handling/Warehousing/Logistics

Exclusive conferences

In addition to the many technologies and industrial innovations presented at the show, Pharmacosmetech will be offering an exclusive program of conferences (the conference program will be available shortly).

Free visitor services 

Entrance, parking, checkroom - all the services offered at the show are free of charge. There are also free shuttle buses from Paris/Orly and Chartres SNCF station.

BPS and Manifesto Factory, subsidiaries of the Superga Group, develop a Full Service Cosmetic activity

By
Kristel Milet
-

BPS and Manifesto Factory, key players in the world of Beauty, announce the merger of their respective activities to create Superga Beauty.
The new entity will offer full-service solutions for the creation of fragrance, skincare and make-up ranges, drawing on their respective expertise in manufacturing, custom packaging and filling.
"Our expertise in the beauty industry, combined with the Superga Group's scale in the luxury world, enables us to offer niche brands tailor-made solutions for their perfume, skincare and make-up creation projects". explains Nathalie Dickeli-Duvoisin, Managing Director of Superga Beauty.

Superga Beauty's new ambitions

BPS, a subsidiary of the Superga Group (since 2011) which has 6 manufacturing, packaging and co-packing plants in the North of France, and Manifesto Factory, a subsidiary of the Superga Group (since 2013), are today developing a "full service" offer combining formulation, packaging development, manufacturing, filling and logistics.
This boost to the cosmetics market will enable Manifesto Factory and its sister company BPS to support beauty brands with global solutions for the creation of fragrances, skincare and make-up, and to open up new markets.

Turnkey solutions

Thanks to the expertise of both Manifesto Factory and Beauty Packaging Services (BPS) in packaging and co-packing, this high value-added service offering with turnkey solutions will enable Superga Beauty to become the only player with its own manufacturing and filling facilities.
" With the emergence and growing success of the Indies Brands, which are looking for suppliers to support them from the outset of their project, this new offering is set to expand rapidly. "emphasizes Nathalie Dickeli-Duvoisin.

Master the regulatory news of cosmetic products in 2019

By
Kristel Milet
-

 COSMED is organizing a day devoted to French and European cosmetics regulations: Regulatory Meetings on Thursday, March 21 in Paris.
This event is an opportunity for all industry professionals to find out about the latest regulatory developments in the cosmetics sector, and to exchange views with regulatory authorities and experts.
The Rencontres Réglementaires are aimed at company directors, founders, regulatory affairs managers, R&D managers, formulators, toxicologists, quality engineers, marketers and responsible pharmacists.
To make it easier for all professionals to take part in the day's events, Cosmed is also making it possible for those who are unable to attend to follow the event live, from an office. 

A day to master the latest regulatory developments in cosmetics: 

  • Control authorities' missions and annual reports
    The 2018 inspection report, detailing recurring non-conformities, control points and areas for improvement, will be produced by Vanessa Picot - Cosmetics Inspector, Inspection Department - ANSM and Ambroise Pascal - Head of Office 5B, Health Products and Services - DGCCRF. The 2019 inspection campaigns will also be announced. In particular, the DGCCRF has alerted Cosmed to the need for increased vigilance on therapeutic claims, relations between subcontractors and Responsible Persons, and an interpretation of the specificities linked to "without" claims which could also be under consideration... 
  • Work in progress and timetable of the European Commission's developments
    Salvatore D'Acunto - Head of Unit GROW D.4 - European Commission will present the topics under discussion at the European Commission: allergen labeling, the omnibus regulation, animal testing and the availability of alternative methods, and the EC's strategy on Endocrine Disruptors. 
  • CMR: REACH evaluation process leading to a harmonized, "omnibus" classification, impact on cosmetics supply and uses, substance update in the news
    Constantin Dallot - Expert toxicologist and consultant - ATOUT REACH will provide practical answers to all the questions raised by the stages of CMR classification and the impact of publication of the omnibus regulation. 
  • Safety report, presentation of COSMED Guidelines. The experts' view VS the authorities' expectations.
    Good practices relating to safety assessment and the assessor will be presented in pairs by a safety assessor and a Responsible Person. Corinne Bonoliel - Dr. in Pharmacy, Microbiologist and Toxicologist ERT - Institut Scientis and Sandrine Hodonou - Dermocosmetics Regulatory Affairs Manager - Laboratoires Nigy will be detailing the Guidelines for Good Practice in cosmetics safety assessment published by Cosmed. The purpose of these guidelines is to clarify European regulatory requirements and propose a harmonized interpretation of certain points that are potentially open to interpretation.. 
  • Good Manufacturing Practices, focus on quality management of raw materials and products packaging items...
    This is a recurring non-compliance issue raised by the supervisory authorities.. Céline Colineaux - Consultant Manager - Strategiqual will detail the requirements to be met when receiving raw materials. 
  • Brexit: Exit or transition phase, what impact?
    With Brexit just 3 months away, and the latest vote in the UK Parliament having rejected the deal struck between Theresa May's government and Europe, all the impacts for the cosmetics industry will be addressed by Elodie Guenzi - Cosmetics Export Manager - London Office - Business France.
  • Labelling case studies: Practical impossibilities, updating the INCI list by rapport au glossaire, allegations, DIY, e-commerce Stéphanie Garrel - Regulatory Affairs Manager - COSMEDwill take stock of the main issues raised by Cosmed members concerning cosmetics labeling: lack of space, differences between sales networks, practical impossibility, DIY (CLP...), glossary of ingredients... 
  • Cosmetic applications: deciphering their success, their future, possible options for industry. Jean Marc Giroux - President - COSMEDwill conclude the day on applications 

Rencontres Réglementaires Paris : Comité National Olympique et Sportif Français - 1 avenue Pierre de Coubertin - France 75013 Paris 

ADF&PCD PARIS 2019, A successful and unifying anniversary edition

By
Kristel Milet
-

The packaging, aerosol and dispensing systems sector is doing well. Against this backdrop, ADF&PCD Paris 2019 took place on January 30 and 31, 2019 at Paris Porte de Versailles. Organized by Easyfairs Oriex, this new edition brought together nearly 615 French and international exhibitors and recorded more than 8,000 trade visitors treading the aisles of ADF and PCD.
Above all, ADF&PCD Paris remains a highly convivial event, a place where professionals can meet and interact, and network with one another.

Steadily increasing visitor numbers and interest
Another sign of the show's success is its growing international reach, with over 31% international visitors from nearly 80 countries.
A successful gamble, since ADF&PCD Paris 2019 lived up to its promises, with very positive results in terms of the range of products and services presented, the number of trade visitors and the quality of the visitors. ADF&PCD Paris has established itself as the benchmark event and the must-attend annual event at the start of the year in Paris.

"We are delighted with this edition of ADF&PCD Paris 2019, both from a commercial point of view, with a very high level of satisfaction with the quality of the show and the profile of the visitors who attend it, and with the atmosphere based on listening and exchange. As organizers, we are very satisfied with this 13th edition.ème edition of ADF and 15èmeedition of PCD. Finally, I would like to thank all our exhibitors and visitors for their loyalty to this key industry event, stresses Christelle Anya, Director of ADF&PCD Paris and ICON.

Key figures

 . 615 exhibitors (73 % for PCD / 17% for ADF / 10% for ADF&PCD)
. 58% of international exhibitors
. 19 600m2net of exposure
. 8,000 professionals gathered over 2 days, including 31% international visitors from 80 countries and 69 % French visitors,
. 50 conferences

Highlights of ADF&PCD Paris 2019

The two days of ADF&PCD PARIS 2019 were punctuated by numerous events. In addition to their discussions with exhibitors, visitors were able to attend a number of highlights that met their expectations. Nearly 50 conferences were held on market topics and trends.

14 Awards, 19 certificates presented at a single ceremony on Thursday, January 31
The ADF&PCD PARIS 2019 Awards honored the sector's most outstanding innovations in front of a large number of professionals.
The PCD Awards ceremony was also officially opened by Michel Guten, former Vice-President of Cartier, former Chairman of Lancel and Founder of the Institut Supérieur du Luxe. In front of an attentive audience, he shared some thoughts and questions for packaging professionals to ponder.

The place to be for innovations and trends
This year's show has also taken a resolute turn towards Made in France, sustainable development and the showcasing of innovations.
ADF&PCD PARIS 2019 showcased the latest innovations and trends in the industry. This year's program was rich and intense, with conferences, meetings and exchanges at the heart of the ITT, the presentation of the Pentawards, the discovery of the Accelerator platform dedicated to start-ups and indie brands, the Imprim'Luxe section, and ICON meetings. Visits organized on the theme of Made in France and the Eco-Tour were a great success. Nearly 120 people registered for the 4 sessions over the two days. Also of note were the press presentations, the cocktail party to celebrate PCD's 15th anniversary - in the presence of LA, a young singer-songwriter artist - which enabled exhibitors and visitors alike to close the first day of the shows on a relaxed, musical note. Nicolas Vial, the famous French press illustrator and painter, was also on hand to immortalize the event and sign Imprim'Luxe brochures.

Official announcement from PLD - Packaging of Premium & Luxury Drinks
PLD has been designed for those involved in packaging for wines and spirits and other premium alcoholic and non-alcoholic beverages. This first international trade show will provide a platform for inspiration in terms of creativity and technical solutions. To date, over 25 international packaging leaders have committed to taking part in the show, which will be integrated into ADF&PCD Paris from next year.
" We're delighted to have attracted such prestigious companies as Dow Packaging & Speciality Plastics, Knoll Prestige Packaging, Kurz, Pavisa France, Seram, Sleever International to PLD so quickly... The level of interest underlines the strong links between the fragrance and cosmetics packaging community, which already meets at ADF&PCD, and the premium and luxury beverage packaging community, which will meet at PLD. "says Paul MacDonald, Global Packaging Show Manager at Easyfairs.

" This show will enable us to offer professionals a unique event that is richer and more focused on the packaging sector. The complementary nature of these 3 events is a tremendous opportunity for market development. "says Josh Brooks, Development Manager - Packaging at Easyfairs.

ADF&PCD Paris and PLD meet all packaging industry players January 29 and 30, 2020 at Paris Porte de Versailles.

Cosmogen welcomes PYC-Europe, new entity dedicated to dispensing

By
Kristel Milet
-
Cosmetics industry - Subsidiary

For its first appearance at PCD, Cosmogen welcomed dispensing specialist PYC-Europe to its stand. PYC-Europe offers a qualified range of customizable bottles, pumps and other airless solutions, adapted to the galenics of beauty and perfumery products: cream, mousse, oil, alcohol, etc. Its aim is to provide brands with an expert, high-end and agile choice of dispensing solutions. Its aim is to provide brands with an expert, high-end and agile choice of dispensing solutions.
With this new entity, Cosmogen, an application expert, reinforces its role as a specialist.

Coverpla extends its eco-friendly offering

By
Kristel Milet
-
Perfume - perfume

Coverpla consolidates its offering and demonstrates its commitment to CSR by partnering the development of Luigi Bormioli's Ecoline range. This approach serves a dual purpose: to reduce the use of materials and to develop eco-friendly products that are refillable and easy to recycle.
Coverpla brings its expertise to its partner Luigi Bormioli's new eco-designed collection, with a double compatibility and closure solution. A specific "CV15" neck makes Ecoline range bottles compatible with standard screw pumps. This feature enables brands to ensure their own packaging, and to offer refillable products for sale that are 100 % recyclable (by separating the components). What's more, Coverpla has designed a specific cover for the standard pump, enabling it to match all the caps in its catalog. And to round out its commercial offering, Coverpla has added its own design to the range: a flange-shaped model christened Verdi.

Green attitude
Eco-design is at the heart of this launch. On the one hand, Luigi Bormioli is demonstrating its ability to produce quality lightweight glass, while on the other, Coverpla is embarking on a significant expansion of its service offering. Comprising two shapes of 50 and 100 ml bottles and two 50 and 30 ml jars (Ecojars), the Ecoline range focuses on material savings (up to -40 %) for a ratio of 100 gr of glass for a 100 ml capacity. This environmental approach reduces CO2 expenditure by an average of 60 % over the entire chain, from production to supply (compared with plastic or blown or pressed glass).

The State confirms the mission of the "Cosmetic Valley" cluster to lead its industrial sector nationally

By
Kristel Milet
-
Cosmetic Valley - COSMÉTIQUE 360

The Government, through the voice of Prime Minister Édouard Philippe, has just announced the accreditation (or renewal of accreditation), for the period 2019-2022, of 48 of the 56 competitiveness clusters that had applied for such accreditation to the Direction Générale des Entreprises of the Ministry of the Economy and Finance.

Created in 1994 and awarded the Cosmetic Valley label in 2005, Cosmetic Valley, alongside other clusters that also drive strategic sectors for the French industry and economy (automotive, healthcare, nuclear, digital, aeronautics, etc.), is obviously part of this list. Already entrusted by the French government with the nationwide management of the perfume and cosmetics industry, a key contributor to our country's trade balance and employing over 150,000 people, it would have been abnormal for it to be otherwise.
During the examination of its application, Cosmetic Valley was able to highlight its added value, its comparative advantage and its particularly positive assets. The cluster has created a veritable "industrial fabric" of major groups and SMEs, private and public players, building an ecosystem whose size and activities are constantly expanding. A thrifty public purse, its budget is financed mainly by private funds. Its governance is free of the dependency relationships between principals/subcontractors/suppliers that characterize similar structures in other sectors.
This fair and balanced organization is probably one of the main reasons for the cluster's success, since it has the largest number of members of any competitive cluster (nearly 600 companies, including 80% SMEs), and at each of its quarterly board meetings it examines around twenty candidates eager to join.

An ardent supporter of Made in France and its values (protection of the environment, consumer safety, authenticity of raw materials, performance and innovation), Cosmetic Valley provides its members with an exceptional range of tools: training and scientific or legal conferences, networking and synergies, setting up and helping to finance collaborative research projects (there are currently 400 of them, for a total of 450 million euros) developed between manufacturers in the cosmetics industry, academic research (9 universities are partners of the cluster:Orléans, Rouen, Tours/François Rabelais, Versailles / Saint Quentin-en-Yvelines, Le Havre, Cergy-Pontoise, Paris 13, Paris Sud, Sorbonne Université) and reputed scientific institutions (CNRS, LNE, Synchrotron Soleil), support for start-ups through the Cosmet'up,and a specialized incubator in Chartres, the opening of additional local offices (Marseille) and partnerships with new regions or new clusters that complement its activities (AURA), access to international markets and major trade shows (Hong Kong, Dubai, Shanghai, Las Vegas, etc.).
This dynamic, practical policy has recently seen four major achievements, all of which are investments in the future: an international trade show - the "International Trade Fair of the Year" - and the "International Trade Fair of the Year". Cosmetic 360 - created in Paris under the banner of innovation, and which is proving a success from one edition to the next; under the label Cosmetic Clusters International Network (CCIN), the grouping of some twenty global cosmetics clusters, enabling Cosmetic Valley to embark on an aggressive international strategy; co-financed by the European Union's COSME program and involving four countries (France, Spain, Portugal, Romania), a European cluster Cosmetics4Wellbeing, which the cluster, demonstrating its continental dimension, has taken the lead; the launch of the Maison Internationale de la Cosmétique in Chartres, the cluster's new headquarters, whose construction has been entrusted by the city and its metropolis to the architectural firm Search.

Marc-Antoine Jamet, President of Cosmetic Valley declared " I'm delighted that our competitiveness cluster has been awarded the label in the year of the 25th anniversary of its creation.èmeI'd like to extend my sincere thanks to the public authorities, first and foremost the French Minister of the Economy, Bruno Lemaire, whose support we have always enjoyed and with whom we happily collaborate. The driving force behind France's industry-leadingmarketinternationalCosmetic Valley will continue to defend the excellence of "Made in France" in a sectorThe future, in which our country must fight to maintain and develop its positions in an increasingly competitive environment. That's why I'm concerned about three things: firstly, the insistent rumors about the possibility that the French government will not honor the financial promises made by the Fonds Unique d'Investissement (FUI); secondly, the fact that this label does not put an end to the scattering of certain industries between several clusters - which is harmful in France and incomprehensible abroad - and, for our industry for example, to the integration of ingredients essential to our products into a purely regional grouping dominated by food flavors and fragrances for hygiene and household products; lastly, nothing is said about the organization of missions, similar to those carried out by some of our foreign neighbors, at lower cost and perhaps with a different level of efficiency, currently carried out by public operators such as Business France. Beyond the answers it will provide to these legitimate questions, the French government needs to know that it can count on our work, our cooperation and our recognition."

 

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