Follow us twitter facebook
Edition: Brazil
Click here to subscribe toour free weekly newsletter click here
Industry buzz

Hallstar to divide Beauty & Personal Care and Industrial Solutions businesses into separate companies

Effective October 1, 2018, the specialty chemical company will begin to operate as two commercial companies – Hallstar Industrial Solutions Company and Hallstar Beauty & Personal Care Company.

John Paro, Chairman, President and Chief Executive Officer, sees this evolution at Hallstar as both a forward-looking, invigorating deployment of its global resources, as well as a direct response to market needs. “I have always taken great pride in both sides of the business, and how both use our remarkable ester chemistry to address customers’ issues in a wide variety of industries. At the same time, we recognize that the landscapes of Industrial Solutions and Beauty & Personal Care differ significantly in terms of client behavior and product innovation. Setting ourselves up as two companies will allow our people to continue to do what they do best and focus fully on growth in their specific industry.

Paro will remain chairman and CEO of The Hallstar Company, but will relinquish the title of president. Instead, Hallstar Industrial Solutions Company and Hallstar Beauty & Personal Care Company will both have their own president who will be responsible for the respective company’s operation and financial results.

Robert S. Hu, currently Hallstar Vice President, EMEA, APAC, and Global Innovation, will become president and CTO of Hallstar Beauty & Personal Care. An executive search is underway for a new president of Hallstar Industrial Solutions.

Both Damian Marshall in Industrial Solutions and Varun Mathur in Beauty & Personal Care will continue in their key commercial and strategic roles of vice president and general manager, and will collaborate closely with their new presidents.

© 2018 - Brazil Beauty News - www.brazilbeautynews.com

latest news
Focus
MakeUp in New York moves to Javits Center to continue growing

MakeUp in New York moves to Javits Center to continue growing

The latest edition of MakeUp in NewYork was a huge success, announced the organisers. Held at the Center415 on 5th Avenue, in Manhattan, on September 11&12, 2019, the two-day B2B event dedicated to the makeup and skincare supply chain welcomed more than 3800 visitors, with a growth of 12% of international guests. Brazil, (...)

read more
Experts’ views
India emerges as the next beauty giant

Asia Cosme Lab
India emerges as the next beauty giant

Thanks to a growing young population (first youth population in the world) and the emergence of a vast middle class, as well as a higher Internet connection from both urban and rural areas, India is set to emerge as the next beauty giant after China. Asia Cosme Lab took a deep dive in the fascinating Indian market, where both (...)

read more

Features