IFF Breaks Ground on Flavors/Fragrances Site in Sri City, India
Hyderabad, January 25, 2018 – 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 thiseconomically vibrant country, it is critical that we invest to provide ourcustomers with winning tastes and scents,” said IFF Chairman and CEO AndreasFibig. “This new facility is fitted with capabilities tailored for ourcustomers’ needs. Coupled with our excellent consumer insights teams and theirdeep understanding of the local markets, we are well-positioned to live up toour promise to be our customers’ partner of choice.”
‘’India is apriority market for IFF. We are excitedabout our investment at Sri City and the world-class manufacturing facilitydesigned to meet our customers’ current and future needs.’’ said IFF IndiaManaging Director, MG Prakash.”
The newfacility, strategically located in Sri City, will have excellent logisticsoptions, access to skilled labor, and solid infrastructure and utilities. Inline with the Company’s dedication to drive sustainability across the entireorganization, the site is designed for efficient water use and reuse, toinclude rainwater harvesting capabilities, energy efficient building materialsand equipment, maximization of natural daylight, and low-consumption LEDlighting.
“IFF hasbeen a leader in India for more than 85 years, serving a wide customer basefrom global consumer companies to small and medium enterprises,” said Mr.Prakash, “IFF India has a rich talent pool that provides cutting-edge solutionsto our customers for their flavor and fragrance needs. We are proud to be apart of the growth of the Indian economy and to the communities where weoperate. Further, we are excited tocontinue our legacy with this investment and look forward to many more years ofgrowing with our customers,’’ said Mr. Prakash.