Givaudan signs with chinese fragrance manufacturer.
Givaudan has signed an agreement with Zhejiang Xin-hua Chemical Co., Ltd for the production of fragrance ingredients in China. According to Givaudan, Xinhua is a leader in aroma chemical manufacture, with an established history of quality production.
Gilles Andrier, CEO, Givaudan said, "This joint venture is another step forward in our global strategy to get closer to customers in developing markets; Xinhua is perfectly positioned to partner with Givau-dan in Asia Pacific."
Some ingredients currently produced at existing Givau-dan sites will be transferred to the joint venture. Transfers will be done progressively over the coming years alongside continued investment in the long-term competitiveness and continuous improvement of existing sites.
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|Title Annotation:||beauty Buzz|
|Date:||Apr 1, 2014|
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