Cosnine Produces Foaming Hand Sanitizer 'Ikkakkauthae'... Expanding Household Goods Market

Cosnine, a cosmetics OEM (Original Equipment Manufacturing) and ODM (Original Design Manufacturing) company, announced on the 22nd that it will undertake the contract production of Lion Korea's flagship product, "I Kkaekkeutha."

"I Kkaekkeutha" is a representative foaming hand sanitizer product in Korea. This production is expected to have a positive impact on Cosnine's future sales and profit growth.

Since last year, Cosnine has been collaborating with Lion Korea for this production, preparing projects such as expanding production facilities. The company plans to start production next month, beginning with refill pouch products. Currently, Cosnine also manufactures Lion Korea's shampoo, treatment, and other products.

The company stated, “We will smoothly carry out the production of daily necessities through stable operating rates,” and added, “Along with the production of existing cosmetics product lines, we will accelerate the production of cosmetic daily necessities and operate the factory stably.”

They continued, “This year, we expect to record sales approximately 30% higher than last year on an annual basis,” emphasizing, “Starting from this year, the first year of the post-COVID era, a full-scale business structure reorganization and performance improvement will begin.”

Cosnine is currently accelerating not only the sales growth of its main cosmetics manufacturing business but also new high-value-added businesses such as lithium.

This content was produced with the assistance of AI translation services.