[Asia Economy Reporter Yoo Hyun-seok] Skin&Skin, a cosmetics manufacturing specialist company, is intensifying its K-quarantine business by entering the mask market following the approval of its hand sanitizer product by the US FDA.
Skin&Skin announced on the 3rd that at the extraordinary general meeting held on the 22nd of last month, it added lifestyle quarantine businesses such as mask production and sales along with hand sanitizers to its business objectives, and is actively expanding its facilities by constructing chlorine dioxide water production equipment.
In particular, the chlorine dioxide water produced by Skin&Skin is an oxygen-based sterilizing disinfectant harmless to the human body, containing no alcohol, preservatives, or carcinogens, and is an A-1 grade product, the highest grade for sterilization and disinfection, already attracting industry attention. Along with this, Skin&Skin has decided to make a full-scale entry into the mask market, has started full-scale facility construction, and is reportedly actively conducting export consultations with overseas buyers.
A Skin&Skin official stated, “The company achieved a turnaround to profitability in the first quarter and is expected to secure profits in the second quarter as well, anticipating significant performance improvement by concurrently operating cosmetics and K-quarantine businesses,” and added, “We also plan to actively participate in nationwide efforts to overcome COVID-19 by donating hand sanitizers to local governments such as the Chungnam Provincial Office.”
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