On January 23rd, 2024, Thailand Center of Excellence for Life Sciences (Public Organization) or TCELS in collaboration with BELCORP, the international corporation with 50 years experiences in beauty industries, and Specialty Natural Products Co., Ltd. (SNPS), the leading manufacturer in standardized Thai botanical herbal extract to the world’s pharmaceutical, dietary supplement, nutraceutical, functional food, and cosmetic industries organized an Online Business Forum on the topic of “Business Opportunities of Thai Cosmetic Technologies in Latin America.” The event aimed to explore business opportunities for Thai cosmetic entrepreneurs in expanding their businesses into the South American markets. The forum was honored by the presence of Dr. Chairat Uthaipibull, Deputy CEO of TCELS, who delivered the opening remarks.
During the forum, Ms. Ana Cecilia Villalobos de Espinosa, Open Innovation Director at Belcorp, Colombia, and Mr. Miguel Tovar Neuz, Open Innovation Manager at Belcorp, provided an overview of Belcorp’s business, shedding light on the cosmetics and beauty markets in Latin America. Following this, Dr. Theeraya Krisdaphong, CEO of SNPS, discussed a case study illustrating how SNPS is driving its business by promoting Thai herbal products globally. The aim was to offer the audience insights into developing and expanding their businesses into the South American and international markets.