Danisco doubles its flavour production in Asia
The new facility will be replacing the present site in Singapore and together with Danisco´s Chinese flavour plant it will provide a strong foundation for servicing the Asia Pacific region.
The Chinese site alone covers the entire Chinese market, but the two plants will be collaborating on, among other things, raw material sourcing.
The construction of the new production unit constituting an investment of USD 3 million (around DKK 17 million) will be initiated immediately and is expected to be completed in mid-2005. Besides doubling the current capacity, the new facility opens up for an annual two-digit capacity expansion every year for the next few years.
A market set to become a significant growth engine for Danisco, the Asian Pacific flavour market totals approximately USD 1.4 billion with an annual growth rate of 5 per cent.
Most read news
Other news from the department manufacturing
Get the chemical industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.