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Yonwoo riding Asian 'cosmetics wave'

By: Steve Toloken

INCHEON, SOUTH KOREA — South Korean cosmetics packaging maker Yonwoo Co. Ltd. has grown from $20 million in sales in 2002 to $150 million last year, and the company gives a lot of credit to one key strategy — a financial commitment to innovation in the often-fickle cosmetics industry.

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