Givaudan lays the foundation for its largest ever investment in its fragrance business in China
(WorldNews Switzerland)

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: `This investment in this key high growth market is another...