International Specialty Products Acquires Leading Cosmetic Ingredient Developer, Vincience


WAYNE, N.J. - January 5, 2007 - International Specialty Products Inc. ("ISP") today announced that, through one of its subsidiaries, it has acquired Vincience, formerly known as Societe D'Extraction Des Principes Actifs S.A. Vincience, which is located in Sophia Antipolis, France, is an industry-renowned leader in the field of skin research and biofunctional active ingredient development.

Vincience produces a diverse range of proprietary materials with a strong customized product focus. This portfolio encompasses peptides, botanical ingredients and biotechnologies. Vincience Skin Research Centre houses more than 25 research scientists dedicated to skin biology and clinical evaluation. Vincience markets its products globally to a customer-base comprised of the world's leading cosmetic and personal care product companies.

Sunil Kumar, ISP's President and Chief Executive Officer, commenting on the acquisition stated, "The acquisition of Vincience represents a significant step in ISP's continued strategy of delivering innovative, functional products to our customers and evidences our commitment to remaining one of the world's premier suppliers of specialty skincare ingredients. We welcome the employees of Vincience into the ISP family."

International Specialty Products (ISP) is a leading global supplier of specialty chemicals and performance-enhancing products for a wide variety of personal care, pharmaceutical, food, beverage and industrial applications. ISP produces more than 400 specialty chemicals, which it markets and sells worldwide. The company's headquarters is located in Wayne, New Jersey, USA.

Contact for Europe

Philip Strenger,

SVP, EMEA Region

+49 (2236) 9649 269

Pstrenger@ispcorp.com

Contact for Rest of World

Anthony Giorgio,

Vice President, Corporate Development

973-628-3813

Agiorgio@ispcorp.com

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