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Alcan invests in growing Russian beauty industry...

The Russian cosmetics and toiletries market has grown 106.3 percent over the last five years—and Alcan is seeking to meet the ever-increasing demand by purchasing a cosmetic tubes facility near Moscow.

Gretchen Edelbrock
Aug 20, 2008

This comes on the heels of Alcan's recent investment in India where the company "opened a $10 million flexible packaging plant in Northern India to build its presence in the fast growing food and cosmetics markets in the country."

Source: Cosmeticsdesign-europe.com

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