Page 134 - CW E-Magazine (30-4-2024)

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INFRASTRUCTURE
Takasago opens fragrance centre in Mumbai

Japanese fl avour and fragrances gain insights into the scents that evoke industry,” said Mr. Paul Ireland, Presi-
major, Takasago, recently opened its positive emotions and cultural signifi - dent of the Worldwide Fragrance Divi-
‘Takasago International India Fra- cance within the Indian context. sion. “Our Mumbai centre stands as a
grance Centre (TIIFC)’ in Mumbai. The testament to our commitment to R&D
company said the centre is designed “TIIFC is also a key asset in our innovation, blending art and science to
to provide a collaborative working global network and will support our mid- craft fragrances tailored to local tastes
environment with its customers and term management plans, ‘New Global with unprecedented speed,” noted
will help enhance competitiveness in Plan-2’ and provide a solid foundation Mr. Shaheel T.T.P., Managing Director,
its fragrance business. to accelerate growth in the region,” the India and South Asia.
company said in a press note.
The activities to be undertaken at Takasago began operating in India
the centre will include fragrance R&D, The plan, covering the period 2024- in 2014 and has set up its own facility
creation and development, sensory 2026, envisages among other things, in Chennai for research and develop-

evaluation, fragrance application, con- overseas expansion and company ment (creation), marketing and manu-
sumer insight & market research and sales turnover of Japanese Yen 220-bn facturing of fl avours and fragrances
sales & marketing. ($1.42-bn) in the fi nal year. products. The plant has a capacity
to produce 20,000 tonnes annually.
The Mumbai centre will cater to “While the global fragrance market Takasago’s business in India is worth
the fragrance preferences of Indian continues to grow, Takasago is proud about Rs. 150-crore and the company
beauty consumers. The company will to lead the charge in India, where our plans to continue investing in India in
collaborate closely with local fragrance business has grown tenfold, capitalis- R&D facilities, people resources and
experts, perfumers and consumers to ing on the nation’s growing fragrance technology transfers.

DECARBONISATION
ReNew and Japan’s JERA to evaluate joint green

ammonia project in Odisha

Gurugram-based renewable energy generation company, will jointly eva- mately 500-MW of high-capacity
company, ReNew Energy Global plc., luate development of a green ammonia utilisation factor (CUF) renewable
has signed an initial agreement under production project in Paradip, Odisha. energy to produce green hydrogen, a
which its subsidiary, ReNew E-Fuels, key feedstock for green ammonia. The
and JERA Co. Inc., Japan’s largest power The project will utilise approxi- project is likely to have a production

134 Chemical Weekly April 30, 2024

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