Syensqo has acquired South Korean biotech-derived biomimetic ceramides-specialist JinYoung Bio to boost its renewable skin care and hair care specialties.
JinYoung Bio also features biobased functional ingredients for skin care and color cosmetic applications.
Following the acquisition, Syensqo will launch its first product from the JinYoung Bio ceramides line and four functional ingredients at Suppliers’ Day in New York.
"This acquisition reflects our deep commitment to innovation and our focus on sustainable solutions leveraging the power of biotechnology,” said Ilham Kadri, CEO of Syensqo. "We are dedicated to making a meaningful impact in the beauty industry, addressing critical environmental and societal challenges with groundbreaking circular solutions."
“Our aim is to provide our customers with advanced skin care solutions that harness the natural power of specialty ingredients like ceramides,” said Michael Radossich, president of the consumer and resources division at Syensqo. “This investment puts Syensqo at the forefront of leveraging the dynamic nature of ceramides, a hero ingredient in cosmetic products including the fast-growing dermocosmetics.”
