Established in Shanghai over 10 years ago, Silab has become a key supplier of natural active ingredients for the cosmetics market, thanks to its recognized scientific expertise and the proactivity of its sales team.
To support its continued double-digit growth in the Chinese market, SILAB has decided to move into new premises in the Zizhu National Hi-tech Park. Covering an area of 13 km2, this cluster brings together numerous companies from the industrial sector and several prestigious universities, with the aim of creating a first-class environment conducive to scientific research, creation, investment and the development of innovative technological talents and products.
For Silab, which places innovation at the heart of its strategy, this move is a mark of success and a pledge of future development, as Jean-Philippe Cosson, Silab's Sales Director, points out: "Silab's growth has always been driven by international business, which now accounts for a majority share of our sales (60%). Strengthening our presence abroad is therefore a key element of our strategy, particularly in China, a market in the throes of digital transformation, where the needs of local consumers are increasing. Against this backdrop, in March 2018 we launched Aquasebom, a hydra-matifying active ingredient specifically designed for the Chinese market."
By integrating this cluster, which describes itself as the Silicon Valley of the East, Silab intends to pursue its commitment to the Chinese domestic market, with the aim of doubling its sales there over the next 3 years.
