A year on from acquiring the French firm last summer, Givaudan announced the inauguration of its new high tech fermentation production line in Pomacle, as part of its CHF 10 million (€9.16m) investment in the extension of its production capacity.
The company says that it represents Givaudan’s most important infrastructure investment in active cosmetic ingredients to date and is another step in the company’s 2020 ambition to become a significant player in this space.
Turning point
“This investment is a turning point in our efforts to serve customers in a timely manner, in particular for our blockbuster Soliance products,” says Frédérique Lafosse, Head of the Active Cosmetic Ingredients business.
“The strong commitment of a transversal team bringing together people from Pomacle and other key Givaudan sites was essential to bring this project to life. We are very proud to inaugurate this modern production line today, and I take the opportunity to thank our teams and partners for the work done to make this new production line a reality.”
The new production line will support Givaudan in meeting the fast growing demand of its customers, particularly for products such as hyaluronic acid.
Actives ambition
The announcement is yet another step in Givaudan’s ambition to build its science-based active cosmetics ingredients business, having stated in its 2020 plan that it wants to expand beyond flavours and fragrances.
“Our ambition for the coming years is to win over another one billion consumers around the world by creating the cosmetic products that meet the infinite diversity of their beauty needs and desires,” says the company, highlighting the active cosmetics ingredients business as crucial to this.
The plan has already seen the company make steps in the right direction following the acquisition of Induchem at the start of September.
Gilles Andrier, CEO of Givaudan, said that following the acquisition of Soliance, the purchase of Induchem was a ‘second key step’ towards the company’s ambition to make Givaudan a significant player in the Active Cosmetic Business.