Page 163 - CW E-Magazine (26-11-2024)

News from Abroad

audits, investing in chemical hazard of restricting specific chemicals with- The report concludes with a call to
assessments to close data gaps, and out clear guidance on safer substitutes, action, urging the industry to continue
phasing out high-hazard chemicals as leading to regrettable substitutions investing in chemical hazard assess-
the pathway to transition to safer chemi- where one harmful chemical is replaced ments, eliminate high-hazard chemi-
stry. There is also significant emphasis with another, potentially perpetuating cals, and embrace the transition to safer
on the flaws with the current practice the problem. chemistry.
INVESTING IN INNOVATION
Givaudan opens fine fragrance creative centre in Shanghai

Swiss maker of flavours and frag-
rances, Givaudan, has unveiled ‘L’
Appartement 125’, a modern fine frag-
rance creative centre in Shanghai, China.

The centre is designed to foster
co-creation between Givaudan’s perfu-
mers and Chinese brands as well as nurture
other customers by providing insights
into the latest trends in the Chinese mar-
ket, including the increasing demand for
personalised and highly premium frag-
rances. The centre will also host work-
shops, training sessions, and fragrance
exhibitions. laboratory, an interactive fragrance wall Shanghai, working in close connection
and a sensory garden designed to allow with our global fine fragrance team.
“China is not just a key market for customers to engage with fragrances in We will make sure these collaborations
us, it is a vital source of inspiration and innovative ways, making the creative infuse and generate new ideas and con-
innovation. The unique cultural richness process both enjoyable and educational. cepts allowing us to push even further
and evolving consumer preferences here the boundaries of fine fragrance creati-
drive us to create fragrances that resonate “A dedicated fine fragrance team, vity and success stories,” said Mr. Xavier
deeply with local consumers. As we conti- starting with talented perfumer Jasmine Renard, Givaudan’s Global Head of Fine
nue to invest in this dynamic market, we Liu, will be permanently established in Fragrances.
remain committed to fostering partner-
ships that reflect the essence of China’s Vulcan Energy secures €100-mn
vibrant fragrance landscape,” commented
Mr. Gilles Andrier, CEO of Givaudan. for geothermal project in Germany

L’Appartement was designed by Australian lithium developer, Vulcan Vulcan’s broader phase one ‘Lionheart
renowned Chinese designer Ma Wen, and Energy Resources, has received a sig- Project’. This undertaking targets an
is said to harmoniously blend modern nificant €100-mn ($106-mn) funding annual lithium hydroxide production
technology with traditional craftsman- boost from the German government. capacity of 24,000 metric tons, posi-
ship, western perfumery know-how and This investment will be channelled tioning Europe as a key player in the
eastern sensitivity, poetry and inspirational towards the Vulcan ‘Heat4Landau’ pro- global green lithium supply chain.
vibrancy, creating a minimalist space ject, a pioneering initiative aimed at
that encourages imagination and sensory generating renewable geothermal heat Vulcan is currently progressing its
exploration. The design incorporates to power Germany’s Landau’s transition phase one Lionheart Project financing
natural materials and elements inspired to sustainable and renewable district process, spearheaded by BNP Paribas,
by traditional Chinese aesthetics to foster heating, commencing in 2026. with a consortium of lenders including
a calming and inspiring atmosphere. the European Investment Bank and other
Features include a fully operational The project is a key component of financial institutions.

Chemical Weekly November 26, 2024 163

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