The new material science & technology center in Suzhou will serve as an R&D and technical support base, conducting advanced research in green and renewable natural ingredients.
For the beauty and personal care market this will include sun protection, anti-ageing, whitening and new ingredients that mimic the natural functions of the skin.
“Hallstar’s major investment in this facility will create an innovation ecosystem crucial to our success. The facility, and the larger technology center of which it is a part, provides geographic proximity to our customers and as well as access to the latest advances in science and technology in the region," said John Paro, CEO of Hallstar.
Expansion through acquisitions
Hallstar recently expanded its natural functional ingredients portfolio by acquiring natural ester based skin and hair care products from botanically-derived ingredients player FloraTech.
The Florasolvs-series brand is known for its skin and hair enhancing properties, with a trusted reputation around the world due to its unique formulation in the natural organics market.
"Investing in ingredients such as Florasolvs natural esters is a win-win for our valued customers, who want to develop only the most unique products to distinguish their hair and skin care formulations from others in competitive consumer markets," Paro said at the time of the acquisition.
This acquisition followed the takeover of B&T Company and BioChemica International in 2011.
B&T specializes in olive-based performance ingredients for use in personal care products, while Biochemica is a developer of exotic butters and oils.
"We pride ourselves on delivering customized, cost-effective solutions for our customers. Our focus is on addressing their unique needs by staying on the forefront as a leader in the dynamic ester chemistry industry," adds the CEO.
"Through holistic growth and product development we aim to continue providing unique, technically sound and sustainable solutions that empower customers to pursue their innovations with confidence.”