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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

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© 2010 - Premium Beauty News -
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