International Flavors & Fragrances Inc. (NYSE: IFF), a leading global creator of flavors and fragrances for consumer products, today announced the formal opening of one of its largest and most technically advanced flavors manufacturing facilities. Located in the Guangzhou Economic and Technological Development District and built to the highest global standards for food ingredients, the factory will supply flavors to the Company’s regional and global food and beverage customers. The facility is part of a previously announced US$100 million investment in Greater Asia and a key part of IFF’s strategy to grow in emerging markets.
The approximately 19,000m 2 site comprises sales and administration offices, laboratories, factory buildings, and support services and will manufacture all product types currently made by the Company in China, as well as spray dry. Its projected annual capacity is approximately three times that of the existing manufacturing site. In keeping with IFF’s commitment to reduce its impact on the environment, all structures on the site and all manufacturing processes were designed to comply with the Company's sustainability standards, with an emphasis on energy efficiency, low water consumption and minimal waste.
“With the opening of our Singapore and Delhi facilities in 2012 and our Guangzhou site in 2013, IFF is well-positioned to support our customers’ growth now and into the future, both regionally and globally,” said Doug Tough, IFF’s Chairman and CEO. “We continue to have confidence in our growth strategies in the region and a strong commitment to the emerging markets.”
Hernan Vaisman, IFF Group President, Flavors, continued, “I am pleased to note that in this facility, we are creating flavors that meet the highest global standards in quality and, while doing so, are utilizing green design in our facilities to minimize our environmental footprint. Our customers, consumers, and future generations deserve nothing less.”The formal opening was attended by leading local dignitaries as well as Mr. Tough, Mr. Vaisman, IFF’s Board of Directors and members of its senior management team. Over the next months, the plant will undergo rigorous testing and production trials to help ensure all its products meet the highest global standards. The Company anticipates commercial production to begin in Q3 2013.
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