IFF Commissions Fragrance Ingredients Plant in China; Builds Industry Leadership; Sets New Sustainability Standards
October 25 2017 - 4:15PM
Business Wire
Regulatory News:
International Flavors & Fragrances Inc. (NYSE: IFF)
(Euronext Paris: IFF), a leading innovator of sensory experiences
that move the world, is commissioning a new fragrance ingredients
plant in Jiande, located in China’s Zhejiang Province. The plant
underscores IFF’s commitment to the region and builds on the
Company’s global presence for the sector. The new facility occupies
approximately 165,000 square meters and will serve IFF customers
globally.
“IFF has a legacy of innovation and excellence in fragrance
ingredients. This long-planned investment underscores our continued
commitment to providing our customers with the best possible
products and service,” said Andreas Fibig, IFF Chairman and CEO.
“Fully aligned with our strategic imperative to be our customers’
partner of choice, it does so as it furthers our quality, safety,
and sustainability goals through the innovative use of technologies
and the expertise of our people and partners.”
The plant was designed to help deliver on IFF’s strategic
sustainability goals and to minimize its environmental impact with
a special focus on areas of greatest sensitivity to the region.
With Jiande’s growing population, the responsible use of water
resources is paramount. As a result, the facility was designed to
have the lowest water consumption per kilo of production in IFF’s
operations network. In addition, a state-of-the-art odor abatement
system was installed in collaboration with global experts to ensure
the best-in-class environmental compliance. By leveraging the
latest technologies available, the Company believes that from the
first full year of production, the Jiande plant will be one of
IFF’s most resource-efficient manufacturing locations globally.
IFF’s existing plant in China will serve as its center for
training, teaching approximately 100 Chinese employees through 2018
in production skills, safety best practices, sustainability, and
more. IFF’s employee base in China is the Company’s third largest
globally.
“We are committed to leveraging our culture of excellence and
innovation to ensure we attract the best and the brightest to IFF,”
said Nicolas Mirzayantz, IFF Group President Fragrances, said, “We
are proud of our 50-year history in the region, of contributing to
our communities, and, of course, creating outstanding fragrance
ingredients that are indispensable to the industry. The
commissioning of the Jiande plant opens an exciting new chapter in
our history in China and we look forward to a successful – and
sustainable – future with our partners and people.”
# # #
Meet IFF
International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext
Paris: IFF) is a leading innovator of sensorial experiences that
move the world. At the heart of our company, we are fueled by a
sense of discovery, constantly asking “what if?”. That passion for
exploration drives us to co-create unique products that consumers
taste, smell, or feel in fine fragrances and beauty, detergents and
household goods, as well as beloved foods and beverages. Our 7,400
team members globally take advantage of leading consumer insights,
research and development, creative expertise, and customer intimacy
to develop differentiated offerings for consumer products. Learn
more at www.iff.com, Twitter , Facebook, Instagram, and
LinkedIn.
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version on businesswire.com: http://www.businesswire.com/news/home/20171025006314/en/
International Flavors & Fragrances Inc.Michael DeVeau,
212-708-7164VP, Corporate Strategy, Investor Relations &
CommunicationsMichael.DeVeau@iff.com
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