KOLMAR Korea Partners with World's Largest Ingredient Supplier to Target Global Color Cosmetics Market
Planned Development of Products Utilizing Sensient Colorants
On the 26th, Kolmar Korea announced that it is joining hands with Sensient Beauty, the world's largest color cosmetic raw material company, to target the global market.
Moon Byung-seok, Head of Technology Research at Kolmar Holdings (right), and Marian Peltier, General Manager of Sensient Beauty Asia (left), are taking a commemorative photo after signing a business agreement on 'New Pigment and Raw Material Development.'
[Photo by Kolmar Korea]
On the 25th, Kolmar Korea signed a Memorandum of Understanding (MOU) on "New Pigment and Raw Material Development" at the Kolmar Korea Comprehensive Technology Institute located in Naegok-dong, Seocho-gu, Seoul.
The signing ceremony was attended by Moon Byung-seok, Head of Kolmar Holdings Technology Research Institute, and Marianne Peltier, General Manager of Sensient Beauty Asia, among others.
Sensient Beauty is the world's largest color cosmetic raw material development company with a history of about 140 years. It has more than 40 color cosmetic research facilities worldwide. Through this agreement, both companies plan to proactively develop various color cosmetic products demanded by the global cosmetics market.
Sensient Beauty will provide Kolmar Korea with new pigments that have not yet been introduced to the market, and Kolmar Korea plans to develop products using these pigments that align with market trends.
This agreement was made at the proposal of Sensient Beauty. As indie brands collaborating with Kolmar Korea increase their overseas expansion, the demand for new and diverse colors targeting the global market is also growing. Going forward, Kolmar Korea plans to develop new pigments and raw materials with Sensient Beauty to help client companies target the increasingly diverse tastes of consumers.
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A Kolmar Korea official said, "Through this business agreement, we will develop various products demanded by the global market and become a company that leads the latest makeup trends."
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