Symrise has entered into a joint venture dedicated to manufacturing personal care ingredients in India with Andhra Pradesh-based pharmaceutical actives maker Virchow Group.
The new company, Vizag Care Ingredients, is based in Visakhapatnam, including one local chemical manufacturing site. Production is slated to begin by the end of June.
Symrise's global sales organization will carry out promotion and sales activities of the products manufactured by the joint venture, which is majority owned by the German firm.
The Visakhapatnam facility is Symrise’s first chemical manufacturing site outside Europe and the Americas.
Vizag Care Ingredients plans to expand the site in the coming years to facilitate the production of world-scale volume of beauty ingredients, serving the APAC region and beyond.
Symrise believes the move will strengthen its leading position as a supplier of high-quality personal care solutions, including multifunctional product protection ingredients, high-performance actives & botanicals, and next-generation UV filters.
“Our entire customer base will benefit from the proximity, efficiency, and sustainability advantages that come with a supply of our market-leading cosmetic ingredients portfolio out of India,” said Symrise Scent & Care president Dr. Joern Andreas.
"Virchow Group and Symrise share the same values, so this partnership perfectly fits,” he added.
“Together, we will manufacture modern ingredients in India that drive innovation, safety, and efficacy for our global customers. In addition, we seek to make an impact in the local community of Visakhapatnam by continuously investing and creating jobs.”
