IFF Breaks Ground on Flavors/Fragrances Site in Sri City, India
24 January 2018 - 4:00AM
Business Wire
Regulatory News:
International Flavors & Fragrances Inc. (NYSE: IFF)
(Euronext Paris: IFF), a leading innovator of sensory experiences
that move the world, has broken ground on a new flavors and
fragrances plant located in Sri City, in the State of Andhra
Pradesh in India. Part of a larger investment into the Greater Asia
region, the plant is expected to be commercialized in December
2019. The new facility, which will be the largest flavor and
fragrance manufacturing facility in India and the largest IFF site
in Greater Asia, occupies a 32-acre/130,000m2 plot and will serve
IFF flavors and fragrances customers across India and the
region.
“In this economically vibrant country, it is critical that we
invest to provide our customers with winning tastes and scents,”
said IFF Chairman and CEO Andreas Fibig. “This new facility is
fitted with capabilities tailored for our customers’ needs. Coupled
with our excellent consumer insights teams and their deep
understanding of the local markets, we are well-positioned to live
up to our promise to be our customers’ partner of choice.”
‘’India is a priority market for IFF. We are excited about our
investment at Sri City and the world-class manufacturing facility
designed to meet our customers’ current and future needs.’’ said
IFF India Managing Director, MG Prakash.
The new facility, strategically located in Sri City, will have
excellent logistics options, access to skilled labor, and solid
infrastructure and utilities. In line with the Company’s dedication
to drive sustainability across the entire organization, the site is
designed for efficient water use and reuse, rainwater harvesting
capabilities, energy efficient building materials and equipment,
maximization of natural daylight, and low-consumption LED
lighting.
“IFF has been a leader in India for more than 85 years, serving
a wide customer base from global consumer companies to small and
medium enterprises,” said Mr. Prakash. “IFF India has a rich talent
pool that provides cutting-edge solutions to our customers for
their flavor and fragrance needs. We are proud to be a part of the
growth of the Indian economy and to the communities where we
operate. Further, we are excited to continue our legacy with this
investment and look forward to many more years of growing with our
customers.’’
Meet IFF
International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext
Paris: IFF) is a leading innovator of sensorial experiences that
move the world. At the heart of our company, we are fueled by a
sense of discovery, constantly asking “what if?”. That passion for
exploration drives us to co-create unique products that consumers
taste, smell, or feel in fine fragrances and beauty, detergents and
household goods, as well as beloved foods and beverages. Our 7,400
team members globally take advantage of leading consumer insights,
research and development, creative expertise, and customer intimacy
to develop differentiated offerings for consumer products. Learn
more at www.iff.com, Twitter , Facebook, Instagram, and
LinkedIn.
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version on businesswire.com: http://www.businesswire.com/news/home/20180123006193/en/
International Flavors & Fragrances Inc.Michael
DeVeau, 212-708-7164VP, Corporate Strategy, Investor Relations
& CommunicationsMichael.DeVeau@iff.com
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