Givaudan, the global fragrance and beauty specialist, announces the start of operations at its new fragrance ingredient production site in Mahad, a city south of Mumbai, India.
This is a key development for Prigiv, a joint venture between Givaudan (49 %) and Privi Speciality Chemicals Limited (51 %), a major Indian producer of aroma chemicals.
Scheduled to ramp up production over the next two to three years, the new plant will manufacture a diversified portfolio of value-added products.
"We are delighted to take this important step in our joint venture with Privi. The opening of the Mahad site is a testament to our collaborative spirit and commitment to innovation. This state-of-the-art facility will strengthen our ability to deliver high-quality fragrance solutions, enabling us to meet the evolving needs of our customers while ensuring sustainable growth together."said Maurizio Volpi, President of Fragrances and Beauty at Givaudan.
"We are delighted to reach this important milestone with Givaudan. This facility is designed for the production of complex ingredients using advanced chemical synthesis processes. Our long-standing partnership with Givaudan, strengthened by its investments, underlines our ability to deliver high-quality complex products. This project not only strengthens our collaboration, but also underlines our commitment to the flavor and fragrance industry".commented Mahesh Babani, President and CEO of Privi.
