Givaudan and Privi partner to operate Mahad Fragrance Ingredients Plant

Givaudan announces the commencement of operations of the new Mahad Fragrance Ingredients Plant, a key development in its joint venture with Privi Speciality Chemicals Limited (Privi), a leading Indian aroma chemicals producer.

The Givaudan and Privi joint venture is called Prigiv, with Privi holding a 51% stake in the joint venture and Givaudan holding the remaining 49%. The new plant will produce a variety of value-added products, with plans to gradually scale up production over the next two to three years.

“We are delighted to have achieved this important milestone in our joint venture with Privi. The opening of the Mahad plant is a testament to our spirit of collaboration and commitment to innovation. This state-of-the-art plant will enhance our ability to deliver high-quality fragrance solutions, ensuring we meet the evolving needs of our customers while jointly driving sustainable development,” said Maurizio Volpi, President of Fragrances and Beauty at Givaudan.

“We are delighted to celebrate this important milestone with Givaudan. This plant is designed to produce complex ingredients through advanced chemical synthesis processes. Our enduring partnership with Givaudan, coupled with their investment, highlights our ability to deliver high-quality complex products. This project not only strengthens our collaboration but also underscores our commitment to the flavors and fragrances industry,” said Mahesh Babani, Chairman and Managing Director of Privi.