Press Release
July 18, 2017
DSM announces exclusive partnership with Nanjing Cosmos Chemical Co., Ltd and plans to continue expansion in UV filters
DSM and Nanjing Cosmos Chemical Co., Ltd have established an exclusive strategic partnership to produce the innovative UV filters PARSOL® Max and PARSOL® Shield.
Kaiseraugst, CH, 18 Jul 2017 06:00 CEST
DSM and Nanjing Cosmos Chemical Co., Ltd have established an exclusive strategic partnership to produce the innovative UV filters PARSOL® Max and PARSOL® Shield. The collaboration enables DSM to offer the largest portfolio of UV filters in the world. It also ensures a competitive supply chain for these products as well as expansion capabilities sufficient to meet growing market demands.
DSM, one of the industry’s leading suppliers of ingredients and innovative solutions for beauty care products, and Nanjing Cosmos Chemical Co., Ltd, a leading technology-based manufacturer and distributor in the field of fine and specialty chemicals, today announced a new strategic partnership. The partnership will combine DSM’s expertise in sun and skin care science and excellent customer reach with Cosmos’ manufacturing capabilities to deliver the most innovative filters available in the market today, PARSOL® Max and PARSOL® Shield.
The addition of PARSOL® Max and PARSOL® Shield makes DSM’s portfolio of UV filters the broadest in the industry. The two products will be produced on Cosmos’s newly built Sinobest production site. The Sinobest production site is ICH Q7 GMP-guideline compliant and already has sufficient capacity to cover growing global market demands for the products.
Bill Zhou, Chairman of Nanjing Cosmos Chemical Co., Ltd, comments: “We would like to express our admiration for the excellent technical cooperation and efficient collaboration displayed by our two teams, who executed a technically highly challenging project in a very short time. Also, we are pleased to be a strategic technology partner with DSM. Our two companies share the same vision of providing our customers with leading technology and product advancements to satisfy their every need, and we look forward to expanding the collaboration in the future.”
The opening ceremony for the new manufacturing plant took place in the presence of Mr. Ji Xiang, deputy major of Ma Anshan City, and Mr. Lang Ping, director of the management committee of Cihu Industrial Park, as well as high level representatives from DSM and Cosmos.
“Today’s announcement represents another solid step on our journey to strengthen our foundations in the sun care sector” said Wilfrid Gambade, President DSM Personal Care. “At DSM we are committed to substantial investment of time and money in this segment, and the partnership with Cosmos will help us deliver on our ambition to revolutionize the sun segment, making sun protection more appealing for consumers. It will also reinforce our already strong strategy of customer intimacy, which we want to take to a new level in our Sun Care partnerships.”
More information can be found at www.dsm.com/personalcare.