Eastman, ChemSpec Ltd. Enter Agreement for US Cosmetics Market

Eastman, ChemSpec Ltd. Enter Agreement for US Cosmetics Market

KINGSPORT, Tennessee, March 11, 2024 —  Eastman and ChemSpec Ltd. have entered into an agreement to strategically and efficiently distribute cosmetics ingredients to markets in the U.S.

Eastman, a global specialty materials company, sought an established distribution partner in the specialty ingredients segment. ChemSpec, an Ohio-based chemical distributor, features a portfolio focused on sustainability and high-performance ingredients.

The agreement expands the ChemSpec portfolio to include distribution of three new products lines: Eastman Sustane™ wetting agents and fragrance fixatives, Eastman AQ™ water-dispersible film formers and Eastman GEM™ retinyl esters.

ChemSpec is a member of Safic-Alcan, a French independent specialty chemicals distributor.

“It’s a great opportunity to work with a technical expert like Eastman in the U.S. market,” said Jacquelyn Ryan, ChemSpec cosmetics sales and marketing director. She then followed: 

We always strive to represent technical depth and innovation as a specialty ingredient distributor, and that’s exactly what we’re doing working with companies like Eastman. I am thrilled to expand our partnership with Eastman into another region outside of Europe, where we can grow together for years to come

Jill Moncarz, Eastman global sales director for Care Chemicals, expressed her thoughts, stating, "We are impressed and energized by ChemSpec’s passion for innovation, growth, and the personal care industry.” She then continued, “We are excited for what the future holds for our partnership and for the US market."

About Safic-Alcan

Safic-Alcan is a French independent distributor of specialty chemicals headquartered in Paris La Défense (France). The Company develops and provides wide ranges of polymers, materials and additives for the rubber, coatings, adhesives, thermoplastics, polyurethane, lubricants, detergency, cosmetics, pharmaceuticals, and nutraceuticals industries. With a network of 35 offices strategically located in Europe, Turkey, Middle East, North America, Mexico, South America, China and South Africa, and 780 people worldwide, Safic-Alcan generated a turnover of 907 M€ in 2022. Learn More

About ChemSpec

CHEMSPEC, Ltd. is a Canton, Ohio-based management-owned chemical distribution firm. ChemSpec is a subsidiary of Paris, France-based SAFIC-ALCAN. CHEMSPEC, Ltd. also has Mexican and Canadian subsidiaries. CHEMSPEC distributes specialty and commodity chemical additives and specialty polymers into the North American elastomer mixing industry, as well as coatings, adhesive/sealant, inks, plastics compounding market segments, as well as provides innovative specialty ingredients to the cosmetic and personal care industry. The cosmetics division’s offering is unique due to the diversity of their portfolio, the focus on naturality and sustainability, the high performing ingredients, and the creativity as well as formulation skills of the Group’s application labs.

 

About Eastman

Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company’s innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,000 people around the world and serves customers in more than 100 countries. The company had 2023 revenue of approximately $9.2 billion and is headquartered in Kingsport, Tennessee, USA. For more information...

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