Budapest, Hungary, September 13, 2022 – Givaudan Swiss SA and XiMo Hungary Kft announce the successful development of a catalyst and a process to synthesize a fragrance ingredient. As the innovation leader in the flavors and fragrances market, Givaudan has successfully produced the fragrance ingredient commercially. XiMo, as the market leader in this class of catalysts, has developed, produced, and will supply the catalyst system used for this fra-grance ingredient synthesis. Givaudan and XiMo have collaborated to develop and implement this innovative solution ready for the market.
“A new Fragrance ingredient, has been developed and produced using a new sustainable process, awarded with a Nobel Prize in 2005. This was mainly possible thanks to our innovative approach and collaborative efforts between Givaudan and Ximo,” said Agnes Bombrun, Head of Ingredients Research, Fragrance & Beauty, Givaudan.
“The collaboration with Givaudan was a team effort. For me, it demonstrates the strength of collaboration and our technology. We are highly motivated by this development and will continue to grow our portfolio of commercially available catalysts to serve our customers,” said Levente Ondi, Managing Director, XiMo.
XiMo expects its award-winning technology to become suitable for a wide range of applications and fields with the availability of cost-competitive catalyst systems at a commercial scale. The success-ful project with Givaudan demonstrates the commercial viability of XiMo’s catalysts and opens up other fields, including large-scale specialty chemicals production. XiMo will continue to develop catalysts based on Mo, W, and Ru for commercial uses and plans to expand its production capacity to meet the demand in the market.
--------------------------------------------------------------------------------
Press Contact: Levente Ondi (Managing Director XiMo Hungary Kft), info@ximo-inc.com