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

info portfolio

© 2010 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus

MakeUp in Paris: The countdown has started before the 2020 edition

The next edition of the BtoB trade show dedicated to the make-up and skincare value chain will be held on June 18th and 19th at the Carrousel du Louvre. Once again, MakeUp in Paris will gather key suppliers of packaging, formulation and full-service solutions for the make-up and skincare markets. The event will feature: latest (...)

read more
job opportunities
Experts’ views
How farms-to-formulations beauty is helping brands build trust with consumers

Sébastien Massard
How farms-to-formulations beauty is helping brands build trust with consumers

According to Nielsen Global Corporate Sustainability Report, 66% of consumers globally say they are willing to pay more for sustainable and transparent brands. This trend has been spreading fast across markets. The food industry was particularly affected by a growing interest of consumers for higher ethical standards, like fair (...)

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