The Hindu Business Line : Symega Savoury to be inaugurated today

Kochi March 8 The Austrian Ambassador to India, Dr Jutta Stefan Bastl, will inaugurate the new factory of Symega Savoury Technology Pvt Ltd, a joint initiative of Synthite Industrial Chemicals Ltd and Omega Flavours Technology Pvt Ltd, an Austrian initiative, at Kolenchery near Kochi on Friday.

Addressing a press meet, Mr Christoph Langwallner, Managing Director of Symega, said that the enormity of the growth of food business in India was one of the reasons for the Indian launch. The local partner Synthite offered the platform for the Indian operations. He said Omega was on the look out to pan out operations to India after the successful launch of its operations in Russia.

Core competence

The company's core competence is in savoury food ingredient solutions and its applications. The portfolio contains spice blends, seasonings, compound flavours, functional ingredients, savoury flavours, top notes either as powder or liquid blends.

These core competencies are applied on a range of products for almost all conceivable applications such as culinary snack foods, processed cheese, instant dishes, convenience food, mayonnaise, ketchup and other sauces as well as processed meat and fish products. Speaking on the occasion, Mr George Paul, Director of Synthite, said that the factory built at an investment of Rs 22 crore is spread over 12,500 sq ft to handle a capacity of 8,000 tonnes per annum.

There are plans to have a throughput of 20,000 tonnes per annum in the next five years. The company has set a target of achieving 500 tonnes per annum in the first year of operations both from the domestic and export market, he said.

The customers of the products are MNC's, large Indian corporates and SME's in the food industry. The product would also be exported to West Asia and Asia Pacific countries, he said.

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