Privi Speciality Chemicals Limited has commenced commercial operations at its greenfield facility in Mahad, Maharashtra, through its joint venture with Givaudan SA Switzerland. This advanced manufacturing unit, developed for Prigiv Specialties Private Limited, is designed to produce high-complexity fragrance ingredients exclusively for Givaudan. The total project cost of ?178 crore was funded by equity contributions from both partners and loan financing from Givaudan.
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Note: The above-mentioned news was first published by us in our ProjectX India | 15th October 2024 edition.. Get this issue or any of our editions by clicking here…
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