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“All the major flavor and fragrance houses are operating here,” says Shao Quan Liu of the Food Science and Technology Program of the National University of Singapore’s Department of Chemistry. Liu, who will speak as part of the International Federation of Essential Oils and Aroma Trades in Singapore (http://ifeat. org/), notes that Singapore’s well-educated population, proximity to many crucial Asian economies and government investments in biomedical-life science areas have made it a hot spot for innovation.
Recently, Takasago International (Singapore) Pte. Ltd. made a $33.67 million investment in a new Singapore facility as part of its regional expansion strategy.
“As a company rooted in Asia, Takasago is deeply committed to developing high quality and innovative products in Singapore to meet the rapid rise in demand from India to Southeast Asia and Australia,” said Ritaro Igaki, Takasago International president and CEO. “This new investment will be the first of several commitments we will make in the near future.”
This is only an excerpt of the full article that appeared in P&F Magazine. The full content is not currently available online.