Solesence, Inc. (SLSN)

Solesence, Inc. is based in Romeoville, Illinois. It develops and manufactures ingredients and finished products for the beauty and personal care industry. The company was previously named Nanophase Technologies Corporation.

Its expertise lies in engineered mineral materials, including zinc oxide and other particles that protect against ultraviolet light. The company uses this materials science in sunscreens and skin care formulations that are meant to look and feel cosmetically elegant. Under the Solesence name, it offers full-service product development, formulation and contract manufacturing for skin health and color cosmetics brands.

Its customers are mainly prestige and mass-market beauty and skin care brands, which sell the finished products under their own labels.