Coschem - Annual Report 2015 Coschem Annual Report 2019 | Page 4

President’s Report January – December 2019 René Spada Message from our President I am sure all will agree that 2019 was a particularly difficult year for all. We had to deal with a slowing economy at only 0.8% growth, threats of missing our economic targets and a potential ‘junk’ credit rating from major credit rating agencies. Power outages also contributed to contraction in manufacturing figures in 2019. All is however not bad news, as South Africa is still perfectly situated to capture sales in the growth areas of beauty of the growing middle class across the Sub-Sahara African continent. This is supported by the export growth outlook for South Africa of 2.67% in 2020. The Coschem community is play an increasingly important role in ensuring that we share knowledge and scientific advances with manufacturers and product developers, to assist them to have the correct customer offerings for successful growth. The Council, supported by sub-Committees, continued with their focus in three strategic areas: education, science and industry networking, to strengthen the strategic role Coschem is playing in our industry. Page 4 Education: Our industry recognized Cosmetic Science course, which has been running since 1978, presented through lectures, tutorials, project and seminars, continues to be the industry standard required by many companies when searching for new employees. A project is in the pipeline to strengthen our position ever further. Science: Our Coschem Conference has grown to include the international HPCI Exhibition for the first time in 2019. This was well received by the industry and will continue to be a highlight in 2020. “Cosmetics Africa Innovating the Possibility” was well attended and the interesting papers delivered were appreciated by a wide audience. A special thank you to Wayne van Wyk who has been heading up the Scientific Committee for the last 20 years, ensuring a wonderful line-up of presentations year after year. The Society of Cosmetic Scientists cannot exist without their members. The Council, members of sub-committees and lecturers are members who give up their private time to do the great work we only see as a result. I want to thank them for their continued support and selflessness. We can also not forget about the important role Bridget MacDonald is playing in as our administrative support. The 2020 leadership baton of the Society of Cosmetic Chemists is handed over to Kim MacCallum who will lead the society through its 43rd year. I and the Council have confidence in her to take the Society to new heights in 2020. René Spada President 2019 Industry Networking: Once again the Social and PR committees did not disappoint in taking the lead in promoting networking among our members. The different social events were well attended and continues to be the highlight in our annual calendars. Page 5