International Flavors & Fragrances (IFF) has invested a total of $87 million in its flavours manufacturing plant in Karawang, Indonesia, as it looks to capture the growth potential of emerging markets in Asia.
Located in Karawang International Industrial City, IFF’s 12,800-square-foot facility has a range of manufacturing capabilities, such as liquid compounds, powder, emulsions, spray dry technology, warehousing and quality control.
IFF chairman and CEO, Andreas Fibig, said: “The vision for IFF is to be the partner for essential solutions. That means we are committed to leading throughout our global value chain and accelerating our pursuit of new, creative and integrated solutions.”
He continued: “This investment reflects our confidence and ambition in the region. For the past ten years, IFF has made significant investments in Asia as we’ve expanded our footprint in China, Singapore, India and most recently, Indonesia.”
According to the company, the newly extended facility is equipped with infrastructure and technology that ensures efficiency, safety, quality and traceability. Meanwhile, sustainability initiatives include zero waste to landfill, reductions in greenhouse gas emissions, energy, water and hazardous waste.
Nicolas Mirzayantz, president of IFF’s Nourish division, added: “This market is dynamic and in need for differentiated products. Consumers in Asia are expected to account for half of global consumption growth in the next decade, making the growth potential more of a reality than ever before.”