Facts and Figures
- Five of the world's top flavours and fragrances companies, Firmenich, Givaudan, IFF, Symrise and Takasago, innovate and manufacture products for the region from Singapore.
- Singapore plays host to the top ten consumer packaged goods companies. Amongst them, Cadbury Schweppes, Johnson & Johnson, Kraft, Procter & Gamble and Unilever have established a range of headquarters functions in Singapore: business strategy, product development, human resources and supply chain management.
- World’s leading premium beverage alcohol company Diageo, opened its $13 million Diageo Asia Pacific Logistics Hub facility in 2006. As a result of this Singapore operation, average product lead-time from production to point-of-sale was cut down from 8-10 weeks to 1-3 weeks.
The Asia Pacific Headquarter of Levis Strauss is situated in Singapore and controls the operations of 53 markets with 150 staff. Aside from undertaking Regional HQ functions such as brand strategy, finance, marketing and administration; a Global Sourcing Organisation (GSO) was also established in 2005 and conducts sourcing for 45 countries, overseeing some 1000 employees.
- Nestle Singapore is the world’s largest malt producer, with a total production of 87,000 tonnes per annum of Protomalt (a key ingredient of the Milo beverage). Nestle Singapore also operates a wide range of regional functions, and hosts a finance treasury centre and an R&D centre.
- Tate & Lyle manufactures its global supply of Sucralose, the key ingredient of Splenda™ in Singapore. One of the main reasons they chose to set up here was the strong IP protection in Singapore, necessary for its proprietary ingredient, Sucralose.
- More than US$2.5 billion worth of apparel is estimated to be sourced through Singapore.
- Copyright © 2009 Singapore Economic Development Board.
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