La Défense – August 27th, 2025 – Safic-Alcan, a major distributor of specialty chemicals, announces that it has acquired
Ingredients Plus in Malaysia and Singapore, a leading specialty chemicals distributor with a strong historical presence in
personal care.

Created in 2007 and 2010 respectively, the Malaysian and Singaporean entities were established by Mr Graeme Love and
Mr Chai Sien Theng. Headquartered in Shah Alam, Selangor, the company promotes ingredients for personal and home
care, but also for coatings, and rubber latex and industrial applications, as well as food and flavor & fragrance.

“Following our expansion into India about 6 months ago, it shows our commitment to further investing in the region. Whilst
Safic-Alcan has had a modest presence in Malaysia since 2012, joining forces with Ingredients Plus will create an even
stronger platform to capture future growth in the region,” stated Yann Lissillour, CEO of the Safic-Alcan Group.

“Ingredients Plus have exceptional technical capabilities, boasting 3 labs for personal care, coating and fragrances, making
it a very strong match for the Safic-Alcan culture. We look forward to onboarding Chai and his team into our company,”
added Laurent Nataf, Managing Director Mergers and Acquisitions.

“We are very proud to be joining the Safic-Alcan family. Their international network, technical focus and entrepreneurial
mindset make them a natural fit. We are excited about the new opportunities this will bring to our partners and customers
across the region,” said Mr Chai Sien Theng, co-founder of Ingredients Plus.