On 14 February 2019, Givaudan opened its newest fragrance encapsulation center in Singapore. The Swiss company is the world leader in manufacturing of flavors and fragrances, with a nearly 25% global market share. The company said that the new CHF 15 million (SGD 20 million) facility is strategically located to offer an excellent environment for pursuing scientific research and business opportunities while being centrally located within Asia.
The fragrance encapsulation center will add to the existing capabilities of the Creative Centre, production hub and Perfumery School which were opened in Singapore in 2015.The four levels of the facility are said to feature cutting edge production technology, warehousing, distribution, and a dedicated lab specialized in the development of long lasting fragrances solutions.
Givaudan first opened its dedicated facility in northern Singapore in 1995. In 2015, flavor and fragrances production achieved 20,000 tons – an increment by five times since the company began manufacturing in Singapore in 1995. Currently, the company has close to 600 employees in Singapore.
(Sources: Givaudan; Business Times)