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Business

L’Oréal To Build R&D Center In Brazil

by Marc S. Reisch
January 16, 2012 | A version of this story appeared in Volume 90, Issue 3
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Most Popular in Business

France-based cosmetics expert L’Oréal Group has signed a memorandum of understanding with the state and city of Rio de Janeiro to build an R&D lab adjacent to the Federal University of Rio de Janeiro Technology Park. The company plans to spend $38 million and hire 150 people to work at what will be its Latin American Research & Innovation Center when it opens in 2015. L’Oréal currently has 2,100 employees in Brazil and operates plants in Rio de Janeiro and São Paulo.

Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society

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