Firmenich opens largest flavor plant in China
Firmenich, the world's largest privately owned perfume and taste company, plans to further its efforts to better meet the growing customer demand in China and eyeing further growth opportunities, after opening its largest flavor manufacturing plant in the Zhangjiagang Free Trade Zone in Jiangsu province.
The first phase of the new plant has an investment of $75 million and an annual capacity of 12,000 metric tons. It will provide Chinese consumers with a broad range of local flavors in products like dairy drinks, tea and noodles.
"This strategic investment, representing our biggest operational investment in the last few decades, is the most concrete sign of our deep commitment to China. As our largest flavor plant in the world, Zhangjiagang confirms our firm commitment to best support customer growth in this strategic market," said Gilbert Ghostine, chief executive officer of Firmenich.