Givaudan has announced a CHF 75 million investment to expand its Pedro Escobedo, Mexico production facility to further support its growth in Latin America across customer segments.
Related: Givaudan Signs Joint Venture with Privi Speciality Chemicals Limited
The new extension, which is planned to open at the end of 2023, will be outfitted with automated logistics, and designed to be agile for the production of small and large traditional volumes to serve all customer segments.
The expanded facility will also meet the highest global and local standards in advanced environmental, health and safety features.
President of Fragrance & Beauty, Maurizio Volpi said, “Investing in our production facility in Mexico—an important high growth market for Givaudan—demonstrates our commitment to our customers, and aligns to our 2025 strategy and purpose. This investment will strengthen our position as a strategic partner to our customers in the region and will cater to the increasing consumer demands for great smelling sustainable fragrances.”
Mauro Patrus, head of Consumer Products Fragrances Latin America, commented, “Expanding our production capabilities builds on our current facility in Pedro Escobedo, which has been successfully serving customers over the years. It will support us in further building our strong position in Latin America.”
Lucia Lisboa, head of Fine Fragrances Latin America, added, “With this investment, we will be even better positioned to offer our customers a comprehensive end-to-end solution for the region in the creation, development and production of fragrances that consumers love.”
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