Korean TV Station KBS Report:REACH24H KOREA CO., LTD. Completed the Cosmetics Ingredient Registration with the Named of a City in South Korea
The cosmetic industry starts to realize that the importance of compliance alone with the intensive introduction of national cosmetics related regulations and policies, as well as the transformation of consumer consciousness. REACH24H Consulting Group not only devoted to providing professional global market access consultations and customized regulatory compliance services for cosmetic companies, also help our clients to expand the market associate with professional technical team and integration of resources from our subsidiaries around the world.
As one of the main forces of the global layout of REACH24H, the REACH24H KOREA CO., LTD. has actively carried out localization and global operation since its establishment in the South Korea.
On February 14, 2022, A cosmetics ingredient named Jiyi Houttuynia extract -SU-1 was successfully registered in China, which jointly promoted by Sooy-k Co., Ltd., Namwon Cosmetics Industry Support Center and REACH24H KOREA CO., LTD. The ingredient has been referred to ABIB Houttuynia mask, a well-known brand in South Korea. The monthly sales volume of ingredient is more than 20 tons, and it was the first time to register cosmetics ingredients with the name of a city in South Korea.
Hwanjoo Lee, president of Namwon Cosmetics Industry Support Center, said, “The successful registration of cosmetic ingredient in China is of great significance for Namwon cosmetics industry, which means the natural ingredients from Namwon has raised market recognition and support in China. ” The completion of the project attracted South Korea TV station KBS special report.
Sooy-k Co., Ltd.、Representatives of Namwon Cosmetics Industry Support Center and general manager of REACH24H KOREA CO., LTD
As a Korean cosmetic ingredients trading company, Sooy-K’s technology and manufacturing capabilities in natural ingredients are highly recognized in the industry.
In November 2021, Sooy-K signed a Memorandum of Understanding (MOU) with REACH24H KOREA CO., LTD, making a comprehensive strategic partner for enter new target markets. REACH24H will be responsible for compliance management of major Sooy-K products in China, the United States, the European Union, the United Kingdom, Russia and other countries and regions.
Mr. Seongmin (Mike) Sohn, General Manager of REACH24H KOREA CO., LTD and Ms. Jisun Jung, Managing Director of Sooy-K Co., Ltd
Director Jisun Jung proposed that it is very challenging for a raw ingredient manufacturer like Sooy-K to deal with different trade barriers in different countries. Working with a professional market access service provider like REACH24H, can help enterprises to breach the technical bulwark, while South Korea market, also can meet the needs of overseas customers. We will introduce more safe and healthy natural cosmetic ingredients to the global market, expand our business territory, and jointly promote the healthy and rapid development of the industry.