Hosted 'Chinese Cosmetics Technology Conference’ in Shanghai.

Conducted a conference with major COSMAX partners, which included: L'Oreal, Unilever, Pechoin and Zara Group, to share new technologies and market trends.

Initiated global standardization through development of the Infrared Protection Factor

Secured the patent for "infrared protection cosmetics," developed by COSMAX, and began global standardization.
In November 2017, the company was selected as the next-generation global leading product by the Ministry of Trade, Industry and Energy. 

Develops plant resources native to Korea

With the Seoul National University, promotes cooperation for the proliferation of native plant species alongside the research and development of plant resources. 
Cultivates and manages over 100 species of natural plants, while conducting joint research on the various efficacies of cosmetics and healthy foods made from the natural plants. 

Acquired Asia's first vegan product certification

Attained Asia's first vegan certification for cosmetics production facilities from EVE of France. .
· EVE / Expertise Végane Europe

COSMAX China the era of color cosmetics in China

Built a manufacturing plant dedicated to producing over 200 million makeup products per annum, completing a local dual production system for skincare and color cosmetic products.

Made an entry into the Thai market, and is accelarating to capture the Southeast Asian market

Established a corporation in Thailand, the No. 1 market for ASEAN beauty.

Acquired U.S. Cosmetics manufacturer Nu-World Beauty

Acquired Nu-World Beauty, an ODM specializing in color cosmetics in the U.S., further strengthening its foundation as an industry leader.

R&D capacity of COSMAX, published in a sister journal of Nature

A research outcome on the “Skin Absorption Tracking of Effective Substances,” known as a difficult challenge in the field of skin science, was published in the leading scientific journal, Scientific Report Journal.

COSMAX Indonesia fully engaged in the production of Halal cosmetics

For the first time in the Korean cosmetics ODM industry, the company acquired certification from “MUI,” one of the world's top three Halal certification agencies, and began full production of Halal cosmetics within four months.
▪ MUI / Majelis Ulama Indonesia

New technologies of COSMAX garnered the world’s attention in the International Federation of Societies of Cosmetic Chemists (IFSCC)

In 2016, the company unveiled new technology for “manufacturing of nano emulsion using low energy technology,” at the IFSCC.
▪ IFSCC / International Federation Societies of Cosmetic Chemists

Registered as an OTC with the FDA of the United States, and Health Canada

For the first time in the industry, passed the registration review for cosmetics and over-the-counter (OTC) drug of the U.S. Food and Drug Administration (FDA), and Health Canada. 
▪ OTC / Over The Counter

Awarded the “$100 Million Export Tower,” for the first time in the industry

Achieved the largest export volume among ODMs in the Korean cosmetics industry, and awarded the “$100 Million Export Tower” at the ceremony of the "53rd Trade Day."

Initiated full-scale operation of the production system of COSMAX USA

Built a plant in Solon, Ohio, with an annual production capacity of 100 million and began production to mark its entry into the world’s largest cosmetics market, the United States.

COSMAX NBT, listed on KOSDAQ

In 2014, the global health functional food ODM, which became an affiliate of the COSMAX Group, Nutribiotech, (currently COSMAX NBT), was listed on KOSDAQ.

Initiated full-scale production of COSMAX Guangzhou

The COSMAX Guangzhou plant has an annual production capacity of 40 million units, combining skincare and color cosmetic products.

“Liquid Crystal System” acquired NET certification

The “liquid crystal system technology through the inhibition of crystallization” developed by COSMAX, acquired the new net technology (NET) certification for health care, hosted by the Ministry of Health and Welfare, and organized by the Korea Health Industry Development Institute.
▪ New Excellent Technology (NET) is designed to identify new technologies developed by Korean companies, research institutes, universities, etc., and to certify their excellence by the Korean government.

Chairman KyungSoo Lee inducted to the Hall of Fame

Chairman KyungSoo Lee, selected as an inductee for the “11th Hall of Fame for Entrepreneurs,” by the Industrial Bank of Korea (IBK).

Established COSMAX USA

Acquired the Solon plant located in Ohio from L'Oréal, and established COSMAX USA.

Selected as one of the “Worldclass 300”

The Small and Medium Business Administration (currently known as the Ministry of Small and Medium Enterprises), selects companies with growth and potential, to provide support until 2020.

Selected as “Global Star”

Organized by the KDB Korea Development Bank, "Global Star" is a system that fosters promising mid-sized companies with world-class technologies and business potential, into global companies.

Established COSMAX Indonesia

Acquired a manufacturing plant from L'Oréal and established COSMAX Indonesia.

Selected as one of the top 100 partners of L'Oréal Group

Selected as one of the top 100 partners of L'Oréal Group, among over 23,000 partner companies worldwide. Only cosmetics company in Korea to be invited.

ISO 22716 certification

As an international standard for Good Manufacturing Practice (GMP) in the cosmetics industry, it proves that the company retains competitiveness in the implementation and maintenance of the cosmetics quality system (business system), as well as in manufacturing facility standards.

Renamed COSMAX Bio and began construction of the Jecheon plant

Iljin Pham changed its name to COSMAX Bio and began the construction of the Jecheon plant.

R&I center and marketing headquarters moved to Pangyo

R&I center and marketing headquarters moved to Inno Valley, Pangyo.

COSMAX China expanded production facilities

To address increasing orders from Chinese partners, the company expanded the Shanghai plant to increase its annual production capacity to 100 million units.

COSMAX Guangzhou began construction of a new plant

COSMAX Guangzhou, with an annual production capacity of 40 million units, began the construction of a new manufacturing plant to establish the dual Shanghai-Guangzhou production system.

Established COSMAX Guangzhou Limited

With the growth of business in China, established a new local subsidiary in a second foothold, Guangzhou.

Awarded the “Innovation Excellence Award” of L'Oréal

The first to win the award among Korean ODMs, and the only awardee among the finished product suppliers. Recognized in the achievement of developing the best-selling gel-type eyeliner across the globe.

Chairman KyungSoo Lee received a Presidential Commendation, and the $20 Million Export Tower

Awarded the “$20 Million Export Tower,” and received a “Presidential Commendation” at the 47th Trade Day ceremony. The first to be awarded among Korean cosmetics ODMs.

Established subsidiary, Three ATSM Co., Ltd.

Established a logistics and factory management company, Three ATSM Co., Ltd., and later merged into COSMAX BTI.

Participated in the “Beyond Beauty Paris” in France

Selected as the “Most Beautiful Booth” by visitors to the “2009 Beyond Beauty Paris” held in Paris, France.

COSMAX China acquired CCGMP, and ISO 9001 certifications

Simultaneously acquired both the CCGMP certification to satisfy the standards of the US FDA, and the ISO 9001 (quality management) certification.

Simultaneously acquired both ECOCERT, and COSMEBIO certifications

Simultaneously acquired “ECOCERT ORGANIC COSMETIC” from the world-class organic certification agency, ECOCERT of France, and “Bio mark” from COSMEBIO. The first to be awarded among Korean cosmetics ODMs.

Incorporated Iljin Parmacy (currently, COSMAX Bio), as an affiliate

Acquired Iljin Pham into expand business areas by advancing into the health functional food ODM business, and changed the company name to COSMAX Bio.

Established COSMAX Bio Central Research Center

Built a stable growth foundation by strengthening research and development capabilities, a key competitive edge for an ODM.

Acquired “OHSAS 18001” certification

Acquired the international specification, OHSAS 18001, for the Occupational Health and Safety Assessment Series (OHSAS)

Launched Oriental Medicine Cosmetics Research Center

Established the first Oriental Medicine Cosmetics Research Center in the ODM industry to foster new growth engines.

Acquired Korea’s first GMP certification from the Therapeutic Goods Administration, Australia

Acquired GMP certification from the Therapeutic Goods Administration (TGA), Australia for the first time in the Korean cosmetics industry.

Acquired ISO 14001

Acquired an international standard that stipulates the requirements of the environmental management system, applicable to all industrial fields and activities.

Began to supply products to L'Oréal Group, a first in the Korean cosmetics industry

Developed and manufactured eyeshadow and eye liner products for the signature brand of L'Oréal Group, Maybelline, to be supplied across Asia.

Built a third plant in Hwaseong

Hwaseong Plant 3 is Korea’s first factory specializing in the production of powders.

Incorporated Three Apples Global Co., Ltd as an affiliate

Established the marketing affiliate, Three Apples Global Co. Ltd., and fully initiated overseas exportation.

Acquired INNO-BIZ

Acquired INNO-BIZ certification in recognition of the company’s excellent research and development capacity.
 

Listed on KOSDAQ

Paved the way to further focus on the entry into overseas markets such as China through the listing on KOSDAQ.

Incorporated CDR Co. Ltd. (Currently Three Apples Cosmetics) as an affiliate

A company specializing in the development of functional containers ,and filling packaging, holds the finest technologies, reflected by the number of patents it holds in the field of functional pumps.

Purchased second plant in Hwaseong

Due to continuous growth, a new factory was purchased. The acquisition of the Hwaseong Plant 2 was especially meaningful because, t the time of the company’s foundation , it was a leased factory.

Acquired ISO 9001 certification

As an international specification regarding the quality management system established by the International Organization for Standardization, it was the first international certification obtained by COSMAX. 

Acquired CGMP certification

Certification granted by the Korea Cosmetics Association to companies that display the finest production facilities, and quality management systems related to cosmetics.

Obtained approval for company-affiliated central research institute

The company’s cosmetics research institute officially became approved as the company-affiliated research institute.

Began construction of a new factory within the Hyangnam Pharmaceutical Complex

The new plant was designed to have the finest facilities capable of producing both skincare, and color cosmetic products.

Entered into technical partnership with ITC, Japan

Signed a technical partnership agreement with renowned cosmetics ODM, ITC of Japan. Introduced the advanced technologies of Japan's ITC to domestic partners in the fields of basic skincare products, etc.

Opened Seoul office

Opened a marketing office in Poi-dong, Seocho-gu, for closer communications and cooperation with partners. Later moved to a larger facility located in Yangjae-dong, Seocho-gu.

Changed company name to COSMAX Co., Ltd., and moved its headquarters

Ended the technical partnership with Milott, Japan, and changed the company name to COSMAX Co., Ltd. to enhance the company’s own research and development capacity as well as develop into a world-class cosmetics ODM. Moved the company headquarters to Hwaseong-si, Gyeonggi-do.

Established Milott Korea

Signed a technical partnership with cosmetics ODM, Miroto, Japan, and established Milott Korea.