The HallStar Company, headquartered in Chicago, Ill., and SurfaTech Corporation, headquartered in Dacula, Ga., have formed a cooperative development agreement to create and market new multifunctional molecules for personal care formulations. SurfaTech Corporation is associated with Siltech, LLC, which was founded by Tony O’Lenick.
Initial research will look at ways to derivatize HallStar’s patented photostability technologies to create unique ingredients that improve both the utility and feel of sunscreen and sun-protection product formulations.
“This is a major step forward for both of our companies,” said John Paro, Chairman, President, and CEO of HallStar. “I predict that we are going to see some cutting-edge technologies emerge from this agreement, which will really benefit formulators, and ultimately, consumers.”
Craig Bonda, of HallStar, and Tony O’Lenick will lead the development team.
“Our goal is to provide an excellent user experience in a wide range of personal care formulations — from sun care to daily wear,” said Kevin O’Lenick, President of SurfaTech. “This agreement gives us the chance to deliver outstanding cosmetic elegance utilizing HallStar’s photostabilizing technologies.”
Development work has commenced and preliminary results will be made available in the coming months.
Hallstar and Scandiflex form joint venture in Brazil
The HallStar Company and Scandiflex announced plans to form a new joint venture: HallStar do Brazil. The new company, which will market the wide range of HallStar’s personal care ingredients, will be headquartered in São Paulo, Brazil.
Scandiflex brings its manufacturing expertise, distribution network, and knowledge of the personal care market in Brazil to the venture. HallStar brings its vast product portfolio, patent estate, and marketing expertise. HallStar ingredients are essential for use in skin care, sun care, hair care, and toiletries consumer products.
“Brazil is one of the fastest growing personal care markets in the world,” said John Paro, Chairman, President, and CEO of HallStar. “We are very excited to bring our ingredients — especially our family of photostabilizers — to Brazilian formulators and ultimately to Brazilian consumers.”
“The powerful alliance of Scandiflex and HallStar will allow the new company to become fully operational very quickly. The founding companies will retain equal ownership in HallStar do Brazil. A dedicated sales representative is being hired to accelerate new products to market,” the company told.
“By combining our expertise, HallStar and Scandiflex are positioning the new company to succeed,” said Ronald Riess, President of Scandiflex. “Consumers want and need better, longer-lasting sun care products, for example, and HallStar do Brazil will soon be delivering them.”
About The HallStar Company
The HallStar Company, based in Chicago, Illinois, is a privately held corporation whose group companies focus on providing innovative chemical solutions for their customers in more than 50 countries across six continents. HallStar Innovations Corp., the group’s research and development affiliate, has developed more than one hundred patents.
About SurfaTech Corporation
Founded in 1997, SurfaTech Corporation, based in Dacula, Georgia, is a specialty chemical company that provides unique technology developed to meet ever-changing market needs.
About Scandiflex S/A
Scandiflex S/A, headquartered in São Paulo, Brazil, manufactures and markets a wide range of polymeric and monomeric compounds that are used in products in health care facilities, agriculture, adhesives, textiles, rubber, and many other applications. Founded in 1965, this closely held Brazilian company has a manufacturing facility with installed capacity of more than 20,000 MT/year.
Source: The HallStar Company
