Genofocus subsidiary signs 70 billion KRW supply contract for cosmetic ingredient with UK company

Genofocus subsidiary GF Permantec has signed an exclusive long-term supply contract worth 70 billion KRW for N-acetyl Phytosphingosine (NPY) with a UK-based global specialty chemical company, with the contract period extending until 2028.

“With the long-term supply contract for the high value-added material NPY, we have secured a stable sales channel from this year and can achieve significant performance improvement.”asiae.co.kr

• 1 source
• asiae.co.kr[Exclusive] Xenofocus to Supply Cosmetic Ingredients Worth 70 Billion KRW Long-Term to UK Company - The Asia Business DailyRyu HyunseokJul 3, 2024

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