European Cosmetics Makers Face Supply Crisis Amid Scarcity of Ukraine Resources
KONTAN.CO.ID - PARIS/MILAN. European perfume and cosmetics makers face shortages of paper, glass and some key oils and alcohols. Russia's invasion of Ukraine adds further disruptions to the supply chains for beauty products, driving prices higher amid robust demand.
Like the food industry, the US$ 500 billion global cosmetics sector is grappling with fallout from the war because producers use alcohol derived from grains and organic beets to make perfumes and sunflower-seed oils to make cosmetics. All key crops from Ukraine.
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