Givaudan laid the foundation for a new production hub in Changzhou,Jiangsu Province of China. The new CHF100 million facility is the flavors and fragrances producer’s largest investment in China to date. This investment reiterates the Company’s commitment to continue investing in high growth markets such as China.

Located in one of the most economically developed areas of China,the new site will substantially increase Givaudan’s manufacturing capacity whilst maintaining best-in-class service levels to its customers across North East Asia. With a total investment of approximately CHF 100 million, it is Givaudan’s largest investment in China to date.

Speaking at the ceremony, Givaudan Chief Executive Officer, Gilles Andrier said: “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 toanticipate and meet future consumer needs and preferences in fragrances.”

The new hub represents a land area of 76,000 square metres. The state-ofthe-art compounding technology will have a very high degree of automation and will be deployed on a wide range of processes for fragrance manufacturing.The new production hub is expected to start operations during 2020. All key product forms, such as fragrances, oral care and encapsulation will take place under one roof.

Maurizio Volpi, President of Givaudan’s Fragrance Division said: “After our major investment in Singapore, we continue our expansion in Asia by laying the foundation of this very large facility in China, whichdemonstrates our long term commitment in the region. It will support us in continuing to build on the strong partnerships that we have with our customers in the country.”