Page 134 - CW E-Magazine (1-10-2024)

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ACTIVE INGREDIENTS

Symrise Cosmetic Ingredients inaugurates

manufacturing facility in Chennai

Symrise Cosmetic Ingredients
inaugurated its manufacturing facility in
Chennai on September 3, 2024.

The high-tech facility covers a total
area of 1,788-sq.m., and will enable PRODUCT RANGE
Symrise to better serve the growing Indian
cosmetics market. In addition, it will
strengthen the company’s position as a
preferred supplier of actives and botani-
cals, and micro protection ingredients to
the industry. Attendees from the Symrise
management present at the inauguration
included Mr. Chung Sin Wong, Vice
President of Cosmetic Ingredients, Asia
Pacifi c; and Mr. Surya Lukito, Director
of Cosmetic Ingredients, South Asia &
SEAO, and Ms. Yohanna Sander, Vice
President Micro Protection.

“I feel optimistic about the oppor-
tunities that this addition to Symrise’s
manufacturing portfolio will bring.
Chennai represents more than a
factory,” said Mr. Wong. “It forms a
blueprint for sustainable growth and
strategic expansion.”

This ambition is refl ected in the inno- facilities. The Chennai site represents an operational effi ciency. “We stand united
vative design of this multi-functional important step in the company’s stra- in our commitment to safety, quality,
facility, which includes packaging tegy to strengthen its global presence. profi tability, and sustainability, turning
and raw material storage capabilities, It will help to enable it to better re- challenges into opportunities and ideas
in addition to its advanced blending spond to local market trends and drive into reality,” said Mr. Wong.

SUBSIDY PAYOUT

Cabinet approves NBS rates phosphatic and potassic

fertilisers

The Union Cabinet has approved 31.03.2025) on phosphatic and potassic approximately Rs. 24,475.53-crore.
the proposal of the Ministry of Chemi- (P&K) fertilisers. “The subsidy will be provided …. to
cals & Fertilizers for fi xing the Nutri- ensure smooth availability of these
ent Based Subsidy (NBS) rates for The tentative budgetary require- fertilisers to the farmers at affordable
rabi Season, 2024 (from 01.10.2024 to ment for rabi season 2024 would be prices,” an offi cial statement said.

134 Chemical Weekly October 1, 2024

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