CosmeticsDesign.com USA spoke to John Paro, CEO of specialty chemical player HallStar, who explained the added value that the company is expecting to achieve from its move into the naturals arena.
Today the company officially announced its latest move into the naturals arena with the acquisition of Italy-based B&T, a move that builds on the acquisition of another naturals ingredient player, BioChemica, earlier this year.
Until now HallStar has carved a name for itself in the personal care and cosmetics arena as a provider of scientifically-advanced, complex active ingredients, particularly in the sun care category.
However, in this interview explains the strategic planning behind the move into the naturals arena, and why this diversification is expected to bring about significant dividends for the company's performance and future goals.
Interestingly Paro also remarks about the company's longer-term objectives to remain acquisitive in an effort to maintain its historically strong growth record.