Safic-Alcan Poland, distributor of specialty chemicals and subsidiary of the Safic-Alcan Group, announces that it has acquired the business of Cosmetics Partner, a Polish distributor specialized in the personal care sector.
The company is the exclusive Polish distributor for Greentech, Inovia and other leading boutique suppliers. “The acquisition of the Cosmetics Partner business will enable us to diversify our range of personal care ingredients and to widen our portfolio offering in Poland”, stated Yann Lissillour, Director of Mergers and Acquisitions for the Safic-Alcan Group.
Cosmetics Partner distributes a wide range of natural ingredients, such as actives, extracts and complexes of extracts, vegetable oils and butters, essentials oils, scrubs and dyes.
“This acquisition will reinforce our presence in Eastern Europe, strengthen relationships with some key suppliers, and provide a solid platform for further growth in the Polish personal care market”, said Philippe Combette, CEO of the Safic-Alcan Group.
Source: Safic-Alcan
Neste Corporation’s Board of Directors has appointed Heikki Malinen, M.Sc. (Econ.), MBA (Harvard) as the President and CEO of Neste as of 2 November 2024, at the latest. Malinen joins Neste from Outokumpu Corporation where he has held the position of President and CEO since 2020.
Petrochemicals company Sasol has announced that CFO and executive director Hanré Rossouw will step down from his position, effective October 31. Sasol has started the process to appoint a successor. Rossouw will still oversee the publication of Sasol’s reports for the financial year ending June 30, to allow for a structured handover period.
Chemours announced its CFO Jonathan Lock has resigned from all positions within the company, according to an SEC 8-K filing on April 23. The resignation comes in the aftermath of the company announcing that Lock, former CEO Mark Newman, and principal accounting officer Camela Wisel, had been placed on administrative leave.