Givaudan today laid the foundation for a new production hub in Changzhou, Jiangsu Province of China. 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:
The new hub represents a land area of 76,000 square metres. The state-of-the-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.
Maurizio Volpi, President of Givaudan’s Fragrance Division said:
“As a leader in fragrance creation, Givaudan intends to fully capture market opportunities by leveraging our global knowledge and technologies while developing local activities, infrastructure, talent and consumer understanding. By investing in Changzhou, we are not only building a world-class fragrance facility, but we also aim to be an employer of choice and a good corporate citizen in the area,” commented Georges Sanchez, Company Manager of Givaudan Fragrances (Changzhou) Limited.
Ding Chun, Mayor of Changzhou Municipal People’s Government, joined Givaudan’s CEO, Gilles Andrier to unveil the corner stone at the ceremony.
Source: Givaudan Website
Oct 23 , 2017