THE WHAT? Firmenich and MG International Fragrance are set to build a new regional perfumery production hub on the MG International campus near Istanbul, Turkey.
THE DETAILS For a CHF47 million investment, the new plant will provide 20,000 metric tons of additional capacity to serve customers in the Middle East and ‘Stans’ countries.
Construction has begun and the new 15,000 sqm facility is expected to become operational before the end of 2023.
“We are very proud that our legacy of 186 years of combined business experience in fragrances continues to successfully expand the alliance that we started only two years ago,” said MG International Fragrance Company CEO, Asian Gulcicek. “With the continued unparalleled investments by Firmenich in our country and in our business, we are demonstrating that we are committed to be a key player in these important markets in the region.”
THE WHY? Gilbert Ghostine, Firmenich CEO, explains, “This project is a milestone in the partnership Firmenich signed with MG International Fragrance Company in 2019, demonstrating our shared dedication to provide winning service to our customers and the strength of our commitment to this dynamic region. This state-of-the-art plant will be a true perfumery production hub, responding to fast-growing demand from small and mid-size customers across Turkey, the Middle East and the ‘Stans’ countries.”
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Key categories of aesthetic medicine products include:
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Injectables: This category includes products such as dermal fillers, botulinum toxins (e.g., Botox), and collagen stimulators. These injectables are used to smooth wrinkles, add volume, and improve facial contours.
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Skin Rejuvenation Treatments: Products like chemical peels, microdermabrasion systems, and laser devices are used to improve skin texture, reduce pigmentation irregularities, and enhance overall skin tone.
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Skincare Products: These include medical-grade cleansers, moisturizers, serums, and topical treatments containing active ingredients like retinoids, antioxidants, and growth factors. They are formulated to address specific skin concerns such as acne, aging, and hyperpigmentation.
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Hair Restoration Products: Medical treatments and products designed to promote hair growth and treat conditions such as male and female pattern baldness.
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Cosmeceuticals: High-performance skincare products that bridge the gap between cosmetics and pharmaceuticals, often containing potent ingredients with proven clinical benefits.
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Wound Care and Scar Management: Products like silicone sheets, gels, and advanced wound dressings used to improve healing and reduce the appearance of scars.
