Givaudan has laid the foundation for a new production hub in Changzhou, China. The new CHF100 million facility is the flavors and fragrances producer’s largest investment in China to date.
“This investment in this key high growth market is another significant milestone in achieving our 2020 strategy ambitions. By further building our capability in China, we confirm our position as a strategic partner to our customers in the region. We aim to continue growing with them to anticipate and meet future consumer needs and preferences in fragrances,” said Gilles Andrier, CEO.
The new hub stretches across 76,000 square meters and is expected to go live in 2020 with state-of-the-art compounding technology with a high degree of automation. All key product forms, such as fragrances, oral care and encapsulation will take place under one roof.