Chihuaton, a Swiss flavor giant, built its largest factory in China with an annual output of 38,000 tons.

Recently, Swiss flavor manufacturer Givaudan officially opened its daily flavor factory in Changzhou, Jiangsu.

According to Changzhou Daily, 20 17 and 10 laid the foundation stone, which is the largest factory built by Chihuaton in the world, with an annual output of 38,000 tons of flavors and fragrances.

The production base adopts highly automated advanced batching technology, reaching the highest standard of daily chemical essence manufacturing in the world, mainly producing various products such as daily chemical essence, dental essence, microcapsule essence, etc. It is estimated that the annual sales income will be more than 654.38 billion yuan.

Chihuaton shows that the total investment of this project is about 654.38 billion Swiss francs, covering an area of 76,000 square meters, which is by far the largest investment project of Chihuaton Fragrance and Beauty Division in China.

At the same time, in order to meet the Group's sustainable development goals, the new factory is equipped with a variety of energy-saving equipment. It is expected that the solar energy system project completed in early 20021will help the company realize 100% renewable energy power generation in 2025.

Chihuaton, as a leading manufacturer in the global flavor and fragrance industry, occupies about 25% of the global market share. Its main business covers the production of edible essence and daily chemical essence, and 18 1 has branches all over the world. At the same time, Chihuahua is also a perfume supplier behind many first-line brands such as Miu Miu, Prada and Dior.

What attracts Chiwalton to invest more in China is China's growing market potential.

Prior to this, Chiwaton increased its capital by 30 million Swiss francs (about 2120,000 RMB) at the end of last year, and expanded its edible flavor factory in Nantong, Jiangsu Province, bringing its total investment in Nantong factory to 80 million Swiss francs (about 569 million RMB).

Behind this series of continuous expansion is the steady performance growth of Chiwaton. The epidemic did not hit the group, but increased confidence in further expanding market share.

According to Chihuaton's financial report for the first half of 2020, the group's sales reached 322 1 billion Swiss francs, an increase of 4. 1% over the previous year. The net profit in the first half of the year reached 465,438+03 million Swiss francs, up 8.8% year-on-year. At the same time, the net profit margin has also increased from 12.3% last year to 12.8%.

In the report, Chihuahua also boldly stated that it hopes to double its business by 2030 through innovation and create a happier and healthier life for consumers.

While continuing to invest in construction, Chiwaton is also constantly absorbing outstanding enterprises in the industry to stabilize its leading position in the industry. In April last year, the group acquired AMSilk, the cosmetics business department and supplier of the German Plant Silk Bureau, as part of its strategy to expand the business of active beauty products.

In May, it acquired Albert Vieille, who specializes in natural materials of aromatic plants, to strengthen its business in the field of natural materials.

In August, it acquired fragrance Oils, a British fragrance manufacturer and marketer, and completed the acquisition of Drom, a century-old fragrance company, in September, further consolidating its leading position in the field of perfume.

Chivas regal's accelerated layout in China market also meets the needs of consumers in China. The Research Report on the Market Prospect and Investment of China Perfume Industry in 2020 issued by China Commercial Industry Research Institute shows that the perfume market in China has gradually increased from 20 14 to 20 18, and it is estimated that the market scale will exceed 40 billion yuan in 2022.

Li Yaling, president of China and South Korea in the fragrance & beauty department of Chihuaton, commented, "Chihuaton has established a fragrance creation center and a production factory in Shanghai, and recently acquired a Deleman fragrance creation center and a production factory in Guangzhou. The completion of Changzhou Factory has further expanded our production capacity in China, and made Chihuahua's territory in China reach an unprecedented level. We are now fully prepared to provide customers in this region with comprehensive end-to-end solutions to create, develop and produce daily-use flavors that are deeply loved by consumers. "