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Firmenich in Natural Ingredients JV with Jasmine Concrete Exports
Posted: March 31, 2014
Firmenich (Geneva, Switzerland), which has been adding more Indian ingredients to its portfolio, has signed a natural ingredients joint venture with Jasmine Concrete Exports PVT Ltd. (Chennai, India).
Jasmine Concrete, which operates two manufacturing facilities in Tamil Nadu, the center of the Indian flower belt in South India, specializes in the extraction of Indian flowers, especially jasmine, sambac and tuberose.
Firmenich said the joint venture significantly increases its production capacities in distillation, extraction and production of absolutes. In addition to expansion of the perfumery portfolio, the partnership is also expected to boost key sectors in flavor such as mints, vanilla and tropical fruits.
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