EUROFRAGANCE LAUNCHES ITS SINGAPORE PLANT
- Eurofragance's management team inaugurates a plant that will involve a total investment of more than 2 million euros.
- The main objective is to improve and expand production in a strategic and high growth area for the company.
Eurofragance, dedicated to the design and production of fragrances, has launched its new production facility in Singapore. This factory, which will involve a total investment of more than 2 million euros, will have a production capacity of 3000 tons per year. The company expects that by the end of 2017 the plant will have a staff of 18 employees. The aim is to improve delivery times and make production more flexible as well as to increase and bring production closer to this geographical area, one of the fastest growing areas.
Once this new plant is operative, Eurofragance will have three production plants; Barcelona, Mexico and Singapore, as well as four creative centres in Barcelona, Mexico, Singapore and Dubai. The creative centres are strategic to the development and creation of new fragrances, while the new plants will improve the company’s logistics and open up further opportunities for growth.
Eurofragance has experienced an exponential growth in recent years, maintaining a growth of more than 10% on a permanent basis. The company has been making significant investments to make this growth possible, spending €4.6 million in 2015 on two new creative centres, in Dubai and Singapore, and also automating and improving its facilities.