Givaudan, the global leader in fragrance and beauty has announced the start of operations at the new Mahad Fragrance Ingredients facility, which is a crucial milestone of the joint venture with Privi Speciality Chemicals Limited (Privi), India's leading aroma chemicals producer.
Privi has a 51% equity position in the joint venture, with Givaudan owning the other 49%. The new factory will manufacture a diversified array of value-added products, with operations expected to scale up over the following two to three years.
We are thrilled to mark this important milestone in our joint venture with Privi. The opening of the Mahad facility is a testament to our collaborative spirit and commitment to innovation. This state-of-the-art facility will enhance our ability to deliver high-quality fragrance solutions, ensuring we meet our customers’ evolving needs while driving sustainable growth together. Maurizio Volpi, President Fragrance & Beauty at Givaudan
Source: Givaudan
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