Visions - Fall 2010 - 10
(continued)
Presperse offers over 200 unique and diverse materials and offers technical support, sample formulations, and formulation development to its customers. Presperse’s leadership team will, for the most part, remain the same, with Greg Torchiana as President and CEO, and Jeanette Black becoming Chairman Emeritus, and Stuart Axelrod assuming the role of Senior Executive Advisor, keeping the commitment to valuable customers and suppliers. Presperse will also continue to maintain its focus on major product areas including: Permethyl® and SiClone® specialty hydrocarbons, spherical powders, marine active ingredients, mineral powders, physical sunscreens, botanical actives, and Bismuth-based pigments. Presperse also offers specific organic certification through ECOCERT status formulations; ECOCERT is a control and certification organization accredited by USDA for National Organic Program certification. According to Greg Torchiana, President & CEO of Presperse,“We have strong confidence in Sumitomo’s investment strategy and international capabilities which provide us with opportunities to reach into global markets
Founded on a single product line, today Presperse offers over 200 unique and diverse materials and offers technical support, sample formulations, and formulation development to its customers.
and source new, innovative technology.Additionally, with the enhanced quality of our Research & Development laboratory and IP strategy, Presperse will be able to offer more advanced active ingredient technology to the cosmetic market through collaboration with the Life Science Division at Sumitomo Corporation Tokyo Head office.” Former owners, Jeanette Black and Stuart Axelrod said,“We see the cosmetics and personal care market continuing to grow internationally. Keeping our commitment to the industry requires more investment in new technology, an enhanced global infrastructure and more expertise in international regulatory and compliance aspects.The ownership change to Sumitomo provides Presperse the needed resources to maintain the commitment to global business excellence that we started 29 years ago”. Sumitomo views this acquisition as an opportunity to create a new business model in the growing cosmetic and personal care industry, and this would complement the existing portfolio of businesses in the SC’s Life Science Division, in addition to certain core business lines of Medical Science, Pet Care and Agrochemical.
For more information, please contact Shohei Shibukawa at Shohei@shibukawa@sumitomocorp.com.
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Visions - Fall 2010
Table of Contents for the Digital Edition of Visions - Fall 2010
Contents
Visions - Fall 2010
SC Colombia Agrochemical Wages War on Mites, Ticks and the Competition
Not Just Seeing the Forest For the Trees
Building Strength By Pumping Iron
The Face of Cosmetics BusinessKeeps An Eye On The Future
The View From Washington: The Stimulus Plan—Impact on Business and the Economy
Visions - Fall 2010 - Visions - Fall 2010
Visions - Fall 2010 - 2
Visions - Fall 2010 - SC Colombia Agrochemical Wages War on Mites, Ticks and the Competition
Visions - Fall 2010 - 4
Visions - Fall 2010 - Not Just Seeing the Forest For the Trees
Visions - Fall 2010 - 6
Visions - Fall 2010 - Building Strength By Pumping Iron
Visions - Fall 2010 - 8
Visions - Fall 2010 - The Face of Cosmetics BusinessKeeps An Eye On The Future
Visions - Fall 2010 - 10
Visions - Fall 2010 - The View From Washington: The Stimulus Plan—Impact on Business and the Economy
Visions - Fall 2010 - 12
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