Syensqo Expands Cosmetic ingredient portfolio with Acquisition of JinYoung Bio

Syensqo Expands Cosmetic ingredient portfolio with Acquisition of JinYoung Bio

Syensqo, a prominent figure in the cosmetic industry, has successfully concluded its acquisition of JinYoung Bio, an esteemed specialist in cosmetic ingredients. This strategic move represents a pivotal moment for Syensqo, as it embarks on a substantial expansion of its product repertoire, solidifying its stance in the global cosmetics arena. JinYoung Bio garners acclaim for its inventive and top-tier cosmetic ingredients spanning skincare to haircare formulations.

The acquisition signifies a groundbreaking chapter in cosmetic innovation for Syensqo, with a focus on biomimetic ceramides and biobased functional ingredients. By incorporating JinYoung Bio’s technology, Syensqo catapults to the forefront of ceramide utilization, recognized as a cornerstone in dermocosmetics. This step diversifies Syensqo’s offerings, delving into skincare and haircare applications while introducing a range of state-of-the-art ingredients for skincare and color cosmetics.

Syensqo envisions leveraging its expansive customer base, formulation proficiency, and marketing acumen to bolster JinYoung Bio’s commercial and technical prowess. The company’s unveiling of its ceramides line and four functional ingredients at Suppliers’ Day in New York during Q2 2024 underscores its dedication to innovation and meeting the evolving demands of beauty consumers.

Anticipated synergies between the two entities are poised to drive innovation, hasten product development, and ultimately furnish consumers with superior beauty solutions, reaffirming Syensqo’s pledge to sculpt the future of the cosmetics industry through strategic investments and partnerships.

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