The world's biggest companies to invest in flavor of Asia

By the Europeen debt crisis continues to spread, the global economic recovery is slow and the impact of China's economic slowdown, global chemical industry in the first half of this year shows a weakening trend, the main chemical company's performance under this influence tends to be weak.Some of the world’ flavor and fragrance companies over the same period in Asia is very popular.

  The United States International Flavors and Fragrances Inc (IFF) in the first half of Asian sales grew 5% compared to the same period, Tokuno Kaoru (Symrise) sales revenue grew 11%, Swiss Givaudan (Givaudan) sales grew more than 10%.

  These companies have some common features, It’s has a strong R & D and innovation consciousness and investment in R & D. In 2011, the United States International Flavors and Fragrances Inc R & D investment accounted for 10% of sales, Tokuno Kaoru the company's R & D investment accounted for 7% of sales, 7.5% of our company's R & D investment accounted for sales, Firmenich (Firmenich) the company's R & D investment accounted for 10% of sales. These companies continue to be optimistic about the enormous consumer market in Asia, and said it would continue to increase investment in Asia to expand the market.

  The United States International Flavors and Fragrances Inc announced at the beginning of last year, the next 3 years will invest more than $100000000 in Asia, a new production plant in China Guangzhou and Singapore respectively, including Guangzhou plant essence, Singapore factory production of spices and flavor. In early 9 the company said, which is located in Singapore Jurong Island liquid essence and perfume production plant put into operation, the new plant annual production capacity of 20000 tons. In June this year, the United States International Flavors and Fragrances Inc in India of Gurgaon to invest in the construction of a perfume factory, the factory will serve for the local food, sweets, drinks and dairy industry. In addition, the company in 2011 January in Dubai opened a innovation and application of laboratory.

Headquartered in Switzerland Geneva Firmenich is a company with 100 years history of the international Private Companies, also is the world's largest engaged in essential raw materials for the research and production of the company. Firmenich in 2010 in China Shanghai Xhenzhuang Industrial Zone, set up a branch, the company annual sales in China has more than 1000000000 yuan. India Firmenich in Gujarat has set up a factory to produce a perfume raw materials.

Symrise company plans to 1~2 years in the future, be located in Singapore, China and India, 3 production plant essence oral care and cosmetic raw material production capacity expansion of about 15%.

European flavor and fragrance company Rio Tinto Asia market, Japan Inc is unwilling to lag behind, also started to invest in asia. Japan Takasago the company announced plans to build a new plant, in Singapore, as the Asian market production hub, is expected to 2013 April, the company's essence and spice production capacity will double. Japan Takasago company also plans to continue to increase R & D investment of US $10000000 in Chennai, India construction of a flavor production plant and supporting research and development institutions.

                                                                           By Gui fangyuan