Recently, Givaudan, a giant in the field of fragrance and beauty, and LanzaTech, a carbon capture and transformation company, announced that they would use synthetic biotechnology to jointly develop a sustainable perfume ingredient: renewable carbon. The two companies will work together to establish a new way for the synthesis of key flavor ingredients used in Chihuaton's product portfolio, which is expected to use this synthetic biological ability to surpass the production of ethanol.
Chihuaton is a global giant in the field of fragrance and fragrance. Its history can be traced back to the small fragrance workshop in Grasse, France, in 1768. In 2021, Chiwharton achieved sales of CHF 6.68 billion (about 48.28 billion yuan) in the fields of "fragrance and beauty" and "flavor and health", an increase of 7.1% year on year, gross profit margin and net profit margin were 42.7% and 12.3% respectively, up 7.4% and 10.5% year on year compared with the previous year, with strong performance.