ASTech and dsm-firmenich Forge Strategic Partnership to Strengthen Global UV Filter Market Presence

ASTech, a specialist in UV filter ingredients for sun protection, and dsm-firmenich, a global leader in nutrition, health and beauty, have signed a memorandum of understanding (MOU) and completed an associated investment process to establish a strategic business partnership aimed at strengthening their competitiveness in the global sunscreen market.

The agreement was formalised on 9 January 2026 during the “MOU Signing & Investment Closing Ceremony” held at Yeong Bin Gwan, The Shilla Seoul, in the presence of key executives from both companies. The partnership focuses on joint cooperation in the UV filter business, with priorities including the establishment of a stable and reliable supply chain for high-performance UV filter ingredients, the development of next-generation UV filter components through technical collaboration and coordinated global marketing initiatives to expand international market share.

By combining ASTech’s advanced ingredient manufacturing capabilities with dsm-firmenich’s extensive global network, R&D expertise and market reach, the companies aim to create strong synergies in the increasingly sophisticated and innovation-driven global sun care sector. The simultaneous completion of the investment process signals that the relationship goes beyond conventional cooperation, marking a deeper level of capital commitment and long-term strategic alignment.

Commenting on the partnership, Jongbae Yoon, CEO of ASTech, highlighted the importance of mutual trust and the opportunity to showcase ASTech’s UV filter technology on a global stage, while Parand Salmassinia, President Beauty & Care at dsm-firmenich, emphasised sun care as a key strategic growth pillar and underlined the ambition to set new standards in advanced UV filter solutions through science-led innovation, global scale and future-focused product development.

Source: dsm-firmenich