SINGAPORE – IFF has opened its new innovation center in Singapore that is nearly 118,500 square feet. The center features creation, design and analytical laboratories; a collaboration studio; a dairy processing pilot plant; and culinary and demo kitchens.
New York-based IFF recently has invested nearly $30 million in Singapore, including a Singapore Flexiblend plant in Tuas that is now operational and will provide biotechnology systems catered to the grain processing and animal nutrition and health customers in the region. IFF is present in 14 countries in Asia and has operated in Singapore since 1969.
“By 2030, Asia is projected to account for 60% of global economic growth,” said Frank Clyburn, chief executive officer of IFF. “For IFF, Asia has demonstrated consistent growth, and we see tremendous opportunity in the future.”