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Home > News > Company Dynamic > Symrise-led joint venture to manufacture personal care ingredients in India

Symrise-led joint venture to manufacture personal care ingredients in India

ECHEMI 2024-03-29

Symrise has formed a joint venture with Andhra Pradesh-based pharmaceutical actives manufacturer Virchow Group to manufacture personal care ingredients in India.

 

The new company, Vizag Care Ingredients, is headquartered in Visakhapatnam and includes a local chemical manufacturing site. Production is expected to begin at the end of June.

 

Symrise's global sales organization will carry out promotion and sales activities for products produced by the German company's controlled joint venture.

 

The Visakhapatnam plant is Symrise's first chemical manufacturing site outside Europe and the Americas. Vizag Care Ingredients plans to expand the facility in the coming years to facilitate world-scale production of beauty ingredients to serve the Asia Pacific region and beyond.

 

Symrise believes the move will solidify its leading position as a provider of high-quality personal care solutions, including multi-functional product protection ingredients, high-performance actives and botanicals, and next-generation UV filters.

 

"Our entire customer base will benefit from the proximity, efficiency and sustainability advantages of supplying our market-leading portfolio of cosmetic ingredients in India," said Dr. Joern Andreas, President, Symrise Scent & Care. “Virchow Group and Symrise share the same values, so this partnership is a great fit.”

 

"Together we will produce modern ingredients in India, driving innovation, safety and efficacy for our global customers. Additionally, we seek to make an impact on the local community in Visakhapatnam through continued investment and job creation." Andreas added.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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