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Givaudan to build production center in Changzhou, China.

* CHINA: Givaudan has signed an investment agreement to set up a fragrance production facility in Changzhou National High-Tech District (CND), China. The CND facility, located in the Chemical Park in Changzhou Binjiang Economic Development Zone (CZBJ), will primarily produce fragrances and other ingredients. The plant is designed to have an annual output of 10,000 tons.

Givaudan has established Chinese headquarters in Shanghai and offices in Beijing, Guangzhou and Hong Kong as well as in other cities.

"After considering a number of Chinese cities, Givaudan finally chose CND as the optimal locale for its new fragrance facility in China and has strong confidence in the upcoming CND project. As an industry leader, Givaudan is very optimistic about the future of the Chinese market," said Willem Mutsaerts, head of global procurement at Givaudan. "The CND project, a large investment for Givaudan, is expected to lay a sound foundation for the company's development in the market. We hope to start and complete the construction of the facility as soon as possible with the support of the local government. And Givaudan is confident in bringing in more investment opportunities in the future."

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Title Annotation:International
Publication:Household & Personal Products Industry
Geographic Code:9CHIN
Date:Mar 1, 2016
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