Synthite Industries Private Ltd. is an Indian

oleoresin Oleoresins are semi-solid extracts composed of resin and essential or fatty oil, obtained by evaporation of the solvents used for their production. The oleoresin of conifers is known as crude turpentine or gum turpentine, which consists of oil o ...

extraction firm, world’s largest producer of spice extracts, spice powders, and essential oils. Synthite has footprints in

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

Brazil Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...

USA The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 states and a federal capital district, Washington, D.C. The 48 contiguous ...

Vietnam Vietnam, officially the Socialist Republic of Vietnam (SRV), is a country at the eastern edge of mainland Southeast Asia, with an area of about and a population of over 100 million, making it the world's List of countries and depende ...

and

Sri Lanka Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka, also known historically as Ceylon, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, separated from the Indian subcontinent, ...

. The company employs 2000 people and supports a farmer community of around 14,000. In 2008, Synthite targets ₹4,000 cr turnover in three years. Its major clients include Nestle,

Unilever Unilever PLC () is a British multinational consumer packaged goods company headquartered in London, England. It was founded on 2 September 1929 following the merger of Dutch margarine producer Margarine Unie with British soap maker Lever B ...

, ITC,

Bacardi Bacardi Limited ( , , ) is the largest privately held, family-owned spirits company in the world. Originally known for its Bacardí brand of white rum, it now has a portfolio of more than 200 brands and labels. Founded in Cuba in 1862 by Facund ...

and

Pepsico PepsiCo, Inc. is an American multinational corporation, multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase, New York, Purchase. PepsiCo's business encompasses all aspects of the f ...

. The company is run by the founder's son
Dr. Viju Jacob
and is headquartered in

Kochi Kochi ( , ), List of renamed Indian cities and states#Kerala, formerly known as Cochin ( ), is a major port city along the Malabar Coast of India bordering the Laccadive Sea. It is part of the Ernakulam district, district of Ernakulam in the ...

, India.

History

The company was established in 1972 with 20 employees. It was founded by C. V. Jacob, after working in civil construction for two decades. It produced industrial chemicals before it shifted to oleoresins. The oleoresin business was initially based on research by the Central Food Technological Research Institute in

Mysore Mysore ( ), officially Mysuru (), is a city in the southern Indian state of Karnataka. It is the headquarters of Mysore district and Mysore division. As the traditional seat of the Wadiyar dynasty, the city functioned as the capital of the ...

. However, the technology developed was not mature, and Synthite invested years of research and development to make the technology viable. After another four years they convinced food producers that they could produce quality products on time. In 2018, Synthite inaugurated its blending facility in Sao Paulo, Brazil and produced up to 190 tonnes per annum of oleoresin and essential oil blends. The Synthite Industries Employees’ Union (affiliated to CITU) called a strike in the first week of April, 2018 after seven employees were transferred to other states. The 37-day-long strike was called off after talks held in the presence of the labour commissioner turned violent. The following year, the company started its third manufacturing facility located at

Wucheng county Wucheng County () is a county in the northwest of Shandong province, People's Republic of China, bordering Hebei province to the northwest. It is administered by Dezhou Dezhou () is a prefecture-level city in northwestern Shandong province, ...

Dezhou Dezhou () is a prefecture-level city in northwestern Shandong province, People's Republic of China. It borders the provincial capital of Jinan to the southeast, Liaocheng to the southwest, Binzhou to the northeast, and the province of Hebei ...

in China's

Shandong Shandong is a coastal Provinces of China, province in East China. Shandong has played a major role in Chinese history since the beginning of Chinese civilization along the lower reaches of the Yellow River. It has served as a pivotal cultural ...

province. Observers quoted by ''Outlook,'' an Indian magazine, felt that the company has over-invested in capacity, increasing their costs.

References

External links

* {{Official website, http://www.synthite.com/ Food and drink companies of India Indian companies established in 1972 Companies based in Kerala