Firmenich Makes Multi Million Dollar Investment in Facility in Argentina, Increasing Their Footprint in South America
22 Mar 2016 --- Firmenich have announced the opening of its new, state-of-the-art plant in Buenos Aires, Argentina in the presence of CEO Gilbert Ghostine, strategic partners and senior Firmenich executives. The new plant will serve more than 100 customers across 10 markets globally, significantly increasing Firmenich’s footprint in Argentina.
“We have been in Argentina since 1956 and our multi-million dollar investment in this cutting-edge plant, underpins Firmenich’s long-term commitment to our customers in the region to deliver the most innovative, consumer-focused fragrance and flavor solutions in the market,” said Gilbert Ghostine, CEO Firmenich.
“We are a leading player in Latin America’s perfumery and flavors market thanks to the trust and close business partnerships with the region’s most renowned local, regional and global companies” said Edson Silva, VP General Services, Finance, Controlling, Latin America. “Boosting our operating capacity is a fundamental step to helping our customers generate even more value for their consumers, at the right cost and with the right level of service.”
With this new facility, Firmenich aims to strengthen its market leadership in fragrances. For flavors, the objective is to drive growth through the company’s leading Taste Modulation portfolio TasteGEM, which helps restore the taste profile of food and beverage products with reduced sugar, salt and fat. Firmenich’s TasteGEM portfolio is already manufactured in Argentina.
