Flavors giant sees surging growth in Nantong
An employee works at Givaudan Flavors (Nantong), based in Nantong Economic and Technological Development Zone, on May 19. [Photo/VCG]
Givaudan Flavors (Nantong) -- the subsidiary of Switzerland-based flavors and fragrances giant Givaudan that is based in Nantong, East China's Jiangsu province – has been doing extremely well in the current year, despite conditions which have challenged many other corporates, according to Tang Lixin, general manager of Givaudan China.
The unit reported that its output has increased more than 10 percent year-on-year since the beginning of 2020, with other operational metrics surging compared with the same period last year.
Givaudan, the world's leading maker of flavors and fragrances, currently operates more than 180 branches worldwide and employs nearly 14,900 staff.
Its clients include major food and beverage producers in China, including Yili Group, a dairy leader in the country.
The Nantong branch, founded in 2013, was the first flavor plant Givaudan established outside Shanghai in China, receiving $80 million yuan in investment.
The spokesman said the novel coronavirus outbreak did not have much of an impact on the company. On the contrary, it has operated its production lines at full capacity to meet the growing market demand.
Furthermore, the company plans to continue to increase its labor force and expand its production capacity, so that it can receive more orders from overseas.