Givaudan opens a new sensory and technology centre in Shanghai

Geneva/Shanghai, 26 October 2000 - On the occasion of its fifth Anniversary, Shanghai Givaudan Ltd., a joint venture company between Givaudan and Shanghai Sunve Pharmaceutical Corporation, opens its new sensory and technology centre and expands the existing production facilities in Pudong, Shanghai.

The new Sensory & Technology Centre further strengthens Givaudan’s leading position in the Chinese fragrances and flavours market and demonstrates Givaudan’s commitment to the emerging markets and especially to the vast potential of the Chinese market.

The heart of the facility is the new state-of-the-art creation and application centre. The existing compounding facilities have also been expanded, doubling the capacity to 5000 tons per year.

Today Shanghai Givaudan employs 180 people inChinaand has premises inShanghai,Guangzhou, Beijing,ChongqingandHong Kong. Before the founding of the joint venture in 1995, Givaudan covered the Chinese market with only two sales executives.

To commemorate the fifth anniversary and the opening of the sensory and technology centre, Shanghai Givaudan has founded a scholarship with the East China University of Science and & Technology, dedicated to promoting young Chinese talents in chemistry and biology.

Givaudan is a global leader in fragrances and flavours research, development, creation, manufacture and sales. Givaudan is headquartered in Geneva, Switzerland, and has subsidiaries in 40 countries world-wide. In 1999 Givaudan achieved sales of CHF 2.2 billion and CHF 1.8 billion in the first nine months of 2000. The company employs some 5000 people world-wide.

For further information please contact:
Peter Wullschleger, Givaudan Media Relations
5, chemin de la Parfumerie, CH-1214 Vernier
T +41 22 780 90 93, F +41 22 780 90 90