Danish food ingredient firm Danisco is to double its flavour production in Asia with the construction of a new production facility at Danisco’s existing emulsifier and functional systems plant in Penang, Malaysia.
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The new facility will replace 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, Danisco said.
“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,” said Mac Mardi, vice president of Danisco Flavours.
The construction of the new production unit will involve an investment of US$3m and is expected to be completed in mid-2005. Besides doubling the current capacity, the new facility will allow for further capacity expansion for the next few years.
Danisco said the Asia Pacific flavour market is valued at around $1.4bn with an annual growth rate of 5%.
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