(PRESSI.COM 11/17/2004) Danisco Flavours doubles its flavour production in Asia with the construction of a brand new production facility at Danisco´s existing emulsifier and functional systems plant in Penang, Malaysia.
The new facility will be replacing the present site in Singapore and together with Danisco´s Chinese flavour plant it will provide a strong foundation for servicing the Asia Pacific region.
´With the rapid growth we´ve had in the Asia Pacific region and increasing sourcing of local raw materials, there´s a need for a strong manufacturing presence to service our customers and to strengthen and expand our market position,´ says Mac Mardi, Vice President, Danisco Flavours.
The Chinese site alone covers the entire Chinese market, but the two plants will be collaborating on, among other things, raw material sourcing.
The construction of the new production unit constituting an investment of USD 3 million (around DKK 17 million) will be initiated immediately and is expected to be completed in mid-2005. Besides doubling the current capacity, the new facility opens up for an annual two-digit capacity expansion every year for the next few years.
A market set to become a significant growth engine for Danisco, the Asian Pacific flavour market totals approximately USD 1.4 billion with an annual growth rate of 5 per cent.
About Danisco Flavours
Flavours contribute to the taste of food and beverages and have a great effect on consumers´ perception of the product. Danisco produces a wide range of flavours for food and beverages and specialises in, among others, vanilla, fruit and citrus flavours for the food and beverage industries.