German Symrise AG opened its biggest individual investment. The company invested EUR 50 m in the construction of the new production site for flavourings and fragrances in Nantong/China.

The decision to build at this location, in an industrial park on the green field, was made back in 2016. The site convinced with its versatile potential. Modern infrastructure, an attractive business environment and a number of sustainability aspects were the deciding factors for the site near Shanghai. In 2018, Symrise celebrated its topping out ceremony.

The expansion of the production of fragrances and flavourings in the rapidly expanding Chinese market makes sense, since the world’s second-largest economy has great potential to soon become number one. This development correlates with the history of Symrise in the country. In the past ten years, the company has grown around 8 % per year on average. With a 6 % share of total sales, China follows the USA and Germany as the third-strongest revenue-generating market for Symrise.