Procter & Gamble plans to open a research and development facility in Brazil in March 2017. According to the company, the planned consumer technology innovation center will focus on creating and adding ideas and sustainability to products, packaging, and manufacturing processes. P&G said the facility will be based at the company’s former administrative building in the town of Louveira, in Sao Paulo state.
"P&G launches tech innovation center in Brazil", zdnet , February 17, 2017
China has banned more beauty care products from South Korea. In January 2017, China blocked the import of 19 cosmetics products from South Korea, citing “sanitary issues and other concerns.” Market observers, however, believe China’s action was in retaliation for South Korea’s installation of the Terminal High Altitude Area Defense antiballistic missile system. Many of the products on the embargo list are made by smaller cosmetics brands, such as Iaso, Ottie, and Aekyung.
"China Increases Its Ban of South Korean Beauty Brands", Women’s Wear Daily, February 15, 2017
Unilever, February 24, 2017
Seeking Alpha, February 24, 2017
The Drum, February 23, 2017