Coty Starts Production of First Globally Distributed Fragrances Made Using Carbon-Captured Ethanol
Coty Inc. (NYSE: COTY) (Coty or the Company), one of the worlds largest beauty companies with a portfolio of iconic fragrance brands, today announced it has started production of the worlds first globally distributed fragrances made using carbon-captured ethanol.
- Coty Inc. (NYSE: COTY) (Coty or the Company), one of the worlds largest beauty companies with a portfolio of iconic fragrance brands, today announced it has started production of the worlds first globally distributed fragrances made using carbon-captured ethanol.
- The first Coty fragrances made using this new ethanol will reach stores in the coming months.
- Ethanol is a key ingredient in the production of fragrances and is Cotys top fragrance ingredient by volume.
- Cotys accelerated release of fragrances made using carbon-captured ethanol represents the groundbreaking sustainability progress that I joined Coty to lead, said Dr. Shimei Fan.