Cosmax Holds Meeting of Raw Material Partners to Create a Sustainable Cooperation Ecosystem with Partners
Oct 15, 2025
Cosmax, a global cosmetics ODM (research, development, and production) company, announced that it held a '2025 Strategic Partnership Forum' to strengthen win-win cooperation with its raw material partners. At the meeting held at Cosmax headquarters in Seongnam-si, Gyeonggi-do on the 30th of last month, about 20 representatives of Cosmax and other major executives and raw material suppliers attended.
Under the theme of 'First Step toward Change: The Future of Creating Together, the Beginning of Cooperation', this event is designed to help Cosmax and its raw material partners become strategic partners that lead joint growth and innovation beyond simple supplier and consumer relationships. With this meeting as an opportunity, Cosmax plans to share mid- to long-term vision and technology demand with its partners and establish cooperation plans.
Cosmax presented implementation measures such as mutual benefit-oriented cooperative structures, regular seminars and joint research programs, and elimination of barriers to raw material proposals through the E-BIZ system to create a sustainable cooperative ecosystem with partners.
In particular, the joint research program of partners centered on the Cosmax Research & Innovation (R&I) Center is expected to become a practical shared growth opportunity for partners. Through regular seminars, technology trends and new demand are shared, and raw material joint development projects are carried out from the initial idea stage. Cosmax expects such cooperation to speed up product development and increase global competitiveness of both Cosmax and raw material companies.
In addition, the newly introduced E-BIZ system is a one-stop digital collaboration platform that allows partners to propose new or alternative raw materials online at any time. The entire process from proposal to review and feedback can be shared in real time, speeding up the discovery and development of raw materials.
At this meeting, they also introduced successful cases of domestic raw materials development and Cosmax-only raw materials with major partners to share the results of win-win cooperation. In addition, along with sharing ESG regulatory trends recently, supply chain ESG training was conducted with major issues and suggestions for improvement directions for each ESG area.
Under the theme of 'First Step toward Change: The Future of Creating Together, the Beginning of Cooperation', this event is designed to help Cosmax and its raw material partners become strategic partners that lead joint growth and innovation beyond simple supplier and consumer relationships. With this meeting as an opportunity, Cosmax plans to share mid- to long-term vision and technology demand with its partners and establish cooperation plans.
Cosmax presented implementation measures such as mutual benefit-oriented cooperative structures, regular seminars and joint research programs, and elimination of barriers to raw material proposals through the E-BIZ system to create a sustainable cooperative ecosystem with partners.
In particular, the joint research program of partners centered on the Cosmax Research & Innovation (R&I) Center is expected to become a practical shared growth opportunity for partners. Through regular seminars, technology trends and new demand are shared, and raw material joint development projects are carried out from the initial idea stage. Cosmax expects such cooperation to speed up product development and increase global competitiveness of both Cosmax and raw material companies.
In addition, the newly introduced E-BIZ system is a one-stop digital collaboration platform that allows partners to propose new or alternative raw materials online at any time. The entire process from proposal to review and feedback can be shared in real time, speeding up the discovery and development of raw materials.
At this meeting, they also introduced successful cases of domestic raw materials development and Cosmax-only raw materials with major partners to share the results of win-win cooperation. In addition, along with sharing ESG regulatory trends recently, supply chain ESG training was conducted with major issues and suggestions for improvement directions for each ESG area.
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This article was translated by Naver AI translator.
