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In November 2009, Cosmetic Valley officially launched its “Charter for an Eco-responsible Cosmetic Valley,” based on the concept of continuous progress in environmental and social agendas. The charter was created as a strategic way to address and maintain competitive advantages, which the organization saw as particularly necessary with the onset of the recent economic crisis.
Comprised of and representing six universities, 550 supplier/brand owner companies (with total sales of €13 billion) and 50,000 jobs, Cosmetic Valley is a regional association formed in 1994 with the objective to create localized synergies, priding itself on being a world leader for perfume and cosmetic resources.
In 2011, Cosmetic Valley seeks to further develop and implement the charter, seen as a growth path for the “made in France” label. Among other projects for 2011, association president Alban Muller told GCI magazine that the Cosmetic Valley will focus on universities’ research projects at the European level, and will place emphasis on the development of exports—especially to China. Toward this goal, the association will participate in the China Beauty Expo in Shanghai in May 2011, its second appearance at the show.
In contrast with the coverage consumer media has given the parabens and the general public’s growing anxiety regarding the topic, the latest report from the European Commission’s Scientific Committee on Consumers Safety (SCCS), an independent expert panel, confirmed the safety of parabens as they are employed by the cosmetic industry.
As in its previous opinions, SCCS recommends a concentration of 0.4% for ethyl and methyl parabens. For propyl and butyl, it lowers it to 0.19% (alone or in combination) as a precautionary measure, given a lack of data. And for five other parabens (isopropyl , isobutyl, phenyl, benzyl and pentyl), SCCS concludes that the human risk can not be evaluated due the fact that limited to no information was submitted for these compounds. In a statement, Colipa, the European Cosmetic Association, explained the lack of data was due to the fact that those five parabens were of very little commercial interest for the EU cosmetic industry.