10.01.14
As the Brazilian market for cosmetics and fragrances looks to remain strong, Mexico-based glass producer Vitro has announced an investment of nearly $90 million dollars for the construction of a new plant to manufacture glass containers in Brazil in order to serve the cosmetics, fragrance and specialty segments.
Brazil has the highest per capita consumption of cosmetics, and is one of the two largest markets in the world for this category. The new plant is expected to begin operations in the second quarter of 2016.
Brazil has the highest per capita consumption of cosmetics, and is one of the two largest markets in the world for this category. The new plant is expected to begin operations in the second quarter of 2016.