Follow us twitter facebook
Edition: Global
Click here to subscribe toour free weekly newsletter click here
Companies & industry

SGD 250 million euros over 5 years

On the occasion of an information evening which celebrated the first practical application of the Infinite Glass with the launch undertaken by Kibio from the Clarins Group, Ashok Sudan and Raymond Sinnah, respectively CEO and Managing Director of the Fragrance Division of the Group SGD outlined their strategy for the next five years.

Ashok Sudan, SGD

Ashok Sudan, SGD

Three key targets

We have more than ever the ambition to be the world leader in our industry,” said Ashok Sudan, CEO, “with three specific objectives: provide the best quality and a high level of service, invest to upgrade our facilities and make them more efficient, concentrate our resources to innovate and, ultimately, have a responsible attitude vis-à-vis society by minimizing the use of our precious resources.

And, according to him, the launch of the Infinite Glass proves that what is good for the environment and the society can also be good for business. “By focusing on innovation, it seems then possible to meet the challenge of sustainable development without having to sacrifice on quality.

First investments as of 2010

Raymond Sinnah, SGD

Raymond Sinnah, SGD


Main decisions taken at the industrial level to reach these five year objectives:

  • As of this year, a first investment tranche at the plant of Mers with the internalization of sorting, modernization of decoration workshops and the intensification of continuous progress.
  • Next year will see the deployment of these actions and investments at a global level.

"In 2012, explains Raymond Sinnah, SGD Managing Director, we aim to achieve sustainable excellence by differentiating ourselves through the quality level achieved, greater flexibility and finally, our commitment to innovation.” Total amount: 250 million euros.

Jean-Yves Bourgeois

Portfolio

© 2010 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus
MakeUp in newYork hosted more than 3800 visitors, with a growth of 12% of international guests.

MakeUp in New York moves to Javits Center to continue growing

The latest edition of MakeUp in NewYork was a huge success, announced the organisers. Held at the Center415 on 5th Avenue, in Manhattan, on September 11&12, 2019, the two-day B2B event dedicated to the makeup and skincare supply chain welcomed more than 3800 visitors, with a growth of 12% of international guests. Brazil, Canada, (...)

read more
job opportunities
Experts’ views
100% natural and biodegradable film former offers enhanced sun care protection

Brittany Pease
100% natural and biodegradable film former offers enhanced sun care protection

LexFilm Sun Natural MB is a multidimensional film-forming polymer which imparts superior water-resistance to sunscreens in comparison to leading synthetic polymers. This latest innovation addresses consumers’ demand for natural ecofriendly ingredients, while supporting brands in their new product development goals as they navigate (...)

read more

Features

We use cookies to give you a better browsing experience. By continuing your visit to this site, you accept the use of cookies. Read more and set cookies
close