Symrise in Indian JV

Symrise and India’s Virchow Group have agreed to make personal care ingredients from the Symrise portfolio through a new joint venture called Vizag Care Ingredients, beginning within 1H. This will be based on Virchow’s synthetic chemistry capabilities for API manufacture.

Symrise owns a majority in the new entity, which is based in Visakhapatnam and has one local chemical manufacturing site, enabling it to back-integrate into raw materials and form a resilient global value chain. Symrise will market the resulting products.

The company added that its expansion plans that will add “substantial annual capacities to deliver the ambitious growth trajectory of Symrise in cosmetic ingredients”. These include multifunctional product protection ingredients, high-performance actives and botanicals, and next-generation UV filters.