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8.33125052070742E-05 -0.000249937515621104 -0.002582687661418 -0.000843122552695089 -0.001291343830709 -0.00466550029159379 -0.00462384403899019 -0.0038323752395234
Stock impact report

Ontario court hands $750K fine to Estee Lauder over use of ‘forever chemical' in select eyeliner products [BNN Bloomberg (Canada)]

Estee Lauder Companies, Inc. (The) (EL) 
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: elcompanies.com/investors
Company Research Source: BNN Bloomberg
Estee Lauder Cosmetics Ltd. plead guilty to failure to inform the government “regarding a significant new activity” and failure to comply with a compliance order on Jan. 13. The fine comes nearly three years after Environment and Climate Change Canada enforcement officers learned of a silicone polymer inside some of the company's eyeliner products, during a routine inspection. The ingredient, perfluorononyl dimethicone, is a per- and polyfluoroalkyl substance (PFAS) that is occasionally referred to as “forever chemicals,” as the environmental agency says it does not degrade easily. Cosmetic companies have used this ingredient to boost the durability of products applied directly to the skin, Environment Canada says. In June 2022, Cosmetics Alliance Canada alerted its members that the use of perfluorononyl dimethicone is subject to a Significant New Activity (SNAc) Notice, requiring companies to disclose what ingredients are being introduced before it can be sold in Canada. “ Show less Read more
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