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Synthite
Indian oleoresin extraction firm
Synthite Industries Private Ltd. is an Indian oleoresin extraction firm, world's largest producer of spice extracts, spice powders, and essential oils. Synthite has footprints in India, China, Brazil, USA, Vietnam and Sri Lanka. The company employs 2000 people and supports a farmer community of around 14,000.
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Its major clients include Nestle, Unilever, ITC, Bacardi and PepsiCo. The company is run by the founder's son, Dr. Viju Jacob. and is headquartered in Kochi, India. 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. However, the technology developed was not mature, and Synthite invested years of research and development to make the technology viable.
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