Taste and ingredients has delivered very well for a number of Irish outfits, including Kerry Group and indeed Carbery in west Cork, which also has a taste and ingredient division called Synergy in the US.
Kerry Group is set to increase its footprint in Southeast Asia by building a second manufacturing facility in Karawang, Indonesia.
Kerry has announced that the new facility is its largest ever capital investment in Southeast Asia and will significantly expand the company's taste offering in the region.
The new €30m plant will be Kerry's second manufacturing site and third facility in Indonesia. The Kerry statement stated that construction has started and the plant will be operational in late 2022.
A wide range of flavour technologies will be manufactured in Karawang, allowing the new site to support Kerry's fast-growing taste business and its food and beverages systems across all food categories.
John Savage, CEO of Kerry's Global Taste division, said the construction of the new manufacturing site demonstrates the company's commitment to its customers in Indonesia and the Southeast Asia region.
He said: "This new facility will strengthen our competitiveness as we work with customers to deliver our taste portfolio of solutions and bring excellent and authentic tasting products to market."
Last week, Kerry Group said that negotiations with Kerry Co-Op over a potential transaction involving its dairy-related businesses in Ireland the UK have been suspended.