Lucas Meyer Cosmetics by Clariant unveils new Beauty ColLABoration House, marking a new era in cosmetic innovation

• Lucas Meyer Cosmetics by Clariant announces successful launch of Beauty ColLABoration House near Los Angeles, opened on December 10th, dedicated to co-creating innovative cosmetic formulations with customers
• The new facility showcases Lucas Meyer Cosmetics by Clariant's ingredients, fostering collaborative product development in the high-value cosmetic ingredients market
• This customer-centric innovation hub emphasizes hands-on collaboration and setting new standards in the beauty and personal care sector

QUEBEC, December 11, 2024 - Lucas Meyer Cosmetics by Clariant announces the opening of its new Beauty ColLABoration House near Los Angeles, California. This state-of-the-art facility is designed to revolutionize the way cosmetic formulations and concepts are developed, emphasizing direct collaboration with the specific needs from customers in this region.

The Beauty ColLABoration House embodies the company’s commitment to customer-centric innovation in the beauty and personal care sector. The facility's name emphasizes the 'LAB' component, highlighting its role as a collaborative space where customers work hand-in-hand with inhouse experts to develop new cosmetic formulations using active and functional ingredients as well as exotic oils, butters and clays offered by Lucas Meyer Cosmetics by Clariant.

Christian Vang, President of Clariant's Business Unit Care Chemicals and the Americas region, stated, "The opening of this new facility on December 10th marked a significant shift in how we approach cosmetic innovation. It's not just about showcasing our ingredients; it's about working alongside our customers to create the next generation of beauty products. We're thrilled with the positive response and collaborative energy we've seen in just the first few weeks of operation."

The opening of the Beauty ColLABoration House follows the recent integration of Lucas Meyer Cosmetics into Clariant, a move that significantly strengthens Clariant's position in the specialty chemical industry and expands its footprint in North America. This strategic step aligns with Clariant's purpose-led growth strategy and its goal to accelerate customer-driven innovation.

"By combining our personal care ingredients portfolio with Lucas Meyer Cosmetics, we've created a unique opportunity for collaborative formulation development," Vang added. "In this fast-paced world of beauty and personal care, we're not just keeping pace with the market; we're setting a new standard for customer collaboration."

The Beauty ColLABoration House is expected to drive remarkable growth. The company aims to increase annual sales from around $100 million currently to $180 million by 2028, leveraging this new collaborative approach to product development. Vang also highlighted the value of the experienced team from Lucas Meyer Cosmetics, noting their excellent track record and the invaluable expertise they bring to this new collaborative venture.

The Beauty ColLABoration House is set to become a crucible for creativity and a launchpad for breakthroughs in the cosmetics industry. It will serve as a space where boundaries are pushed, conventions are challenged, and the next generation of cosmetic formulations are created in close collaboration with valued customers.

“At Lucas Meyer Cosmetics by Clariant, it is imperative that we align our strategy with local industry trends. The indie brand landscape also involves key players such as consultants and contract manufacturers. One of our objectives is to establish direct connections with them and with the emerging brands,” comments Jackie Kim, Sales Director North America at Lucas Meyer Cosmetics.

As Lucas Meyer Cosmetics by Clariant opens the doors to this new facility, it invites customers to experience a new level of partnership in cosmetic formulation, blending innovative ingredients with the creative vision of beauty brands.