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Sensient
F&F 1st Qtr 2014 Sales -
Milwaukee, Apr. 14, 2014 - The Flavors &
Fragrances Group reported first quarter revenue of
$213.4 million compared to the $215.8 million
reported in last year’s first quarter.
Operating income increased 5.4% to $29.9 million,
compared to $28.4 million in the first quarter of
2013. The Flavors & Fragrances Group’s
operating margin increased to 14.0% in the
quarter.
Symrise
to Acquire Diana Group - Holzminden,
Germany - April 12, 2014 - Symrise AG has submitted
a binding offer and has entered into exclusive
discussions with the owners of Diana Group with
regards to the acquisition of Diana Group, one of
the most attractive assets in the flavor and
nutrition space. With the planned transaction,
Symrise will significantly expand its position in
the Flavor & Nutrition market, strengthen its
backward integration and expand its activities into
the highly attractive Pet Food market. The
investment amounts to EUR 1.3 billion, for which
Symrise has already secured the required bridge
financing. The final financing structure will
comprise of debt and equity. The acquisition is
expected to be fully EPS accretive from 2015
onwards. In 2013, Diana had sales of ca. EUR 425
million and an EBITDA margin of ca. 21 %. The
proposed transaction is subject to consultation
with the worker’s council and to antitrust
clearance.
Givaudan
1st Qtr 2014 Sales
- Geneva, 11 April 2014 – In the first
three months of 2014 Givaudan recorded sales of CHF
1,087 million, a decline of 0.2% in Swiss francs
and an increase of 5.7% on a like-for-like basis
compared to the previous year (like-for-like basis
excludes the impact of currency, acquisitions and
disposals). The Fragrance Division recorded sales
of CHF 516 million, a slight decrease of 0.2% in
Swiss francs, and a growth of 5.6% on a
like-for-like basis. The Flavour Division reported
sales of CHF 571 million, representing 5.8% growth
on a like-for-like basis and a decline of 0.1% in
Swiss francs. Sales for Asia Pacific increased
10.5% on a like-for-like basis. Sales in Europe,
Africa and the Middle East grew 3.5% on a
like-for-like basis. Latin America experienced
double-digit growth of 15.4% on a like-for-like
basis. Sales increased by 0.2% on a like-for-like
basis in North America. The developing markets grew
by 9.8% on a like-for-like basis.
CPL Aromas
Press Release on the Visually Impaired as Fragrance
Evaluators
– April 1, 2014 - The visually impaired
have a heightened sense of odor perception. CPL
Aromas encourages Fragrance Houses throughout the
world to consider training and employing the
visually challenged. (Note - When John Leffingwell
was employed at the Glidden facility in
Jacksonville [Now Renessenz] in 1964, the
company employed six blind individuals in fragrance
quality control. And no flavor or fragrance
ingredient was ever released for shipment without
their approval.)
Frutarom
Full Year 2013
Sales
- Haifa, Israel – March 19, 2014 -
Frutarom's revenues Grew by 9% to US $674 Million;
EBITDA increased by 15.5% to US $116 Million; Net
profit rose 22% to US $64 Million. 4th Qtr.
revenues for 2013 rose to US $192 million
reflecting 6.2% organic growth. Frutarom revenues
would have reached US$ 784 million and net profit
would have been $70 million, if the four
acquisitions made in 2013 had been consolidated as
of Jan-1-2013.
The Battle over Sensient's
Performance & Executive Pay - Update
April 1, 2014 - The investor group FrontFour
Capital Group LLC has nominated four candidates for
the board of directors which is vigorously opposed
by Sensient. The main issues center on the alledged
poor financial performance of the company and
excessive compenstion paid to senior management.
The current status of this battle can be found in
recent relevant SEC filings. Form DFAN14A from
FrontFour issued March 31, 2014 which can be
accessed HERE
and Form DEFA14A from Sensient issued March 26,
2014 which can be accessed HERE.
Symrise
Full Year 2013 Sales - Holzminden,
Germany - March 13, 2014 - Symrise 2013 sales
increased 5.5% to € 1,830.4
million (+10% in local currencies). Group net
income increased 9.4% to €
172.3 million. Scent & Care 2013 sales
increased 8.7% to € 960
million (+13% in local currencies). Flavor &
Nutrition 2013 sales increased 2.1% to
€ 870 million (+7% in local
currencies).
Kerry
completes acquisition of Wynnstarr
Flavors
- Beloit, Wis., 11 March 2014 - On February
25, 2014 Kerry Group announced the acquisition of
Wynnstarr Flavors. The acquisition was completed
December 2, 2013. The acquisition of Wynnstarr,
combined with Kerry’s recent acquisitions of
Cargill Flavor Systems and FlavourCraft and earlier
acquisitions of Agilex, Manheimer and Flavurence,
reinforces Kerry’s position as a top global
flavor house to food and beverage companies.
Robertet
Full Year 2013 Sales- 24 February 2014 - Robertet has
reported sales for 2013 of 389.489 million euros
vs. 395.601 million euros in 2012 (-1.54%) . At
constant exchange rates, sales were +1%.. The
unaudited consolidated earnings were in line with
expectations and amounted to slightly more than EUR
25 million, down about 8%. Final results will be
published no later than 30 April 2014.
Givaudan
to Acquire
Soliance
- Geneva, 21 February 2014 – Givaudan
today announced that it has entered into exclusive
negotiations to acquire 100% of the shares of
Soliance SA and its subsidiaries. Soliance is
currently a division of ARD (Agro Industrie
Recherches & Développements). Soliance
provides innovative cosmetic solutions to its
international clients and partners and develops
high added-value active ingredients, derived from
vegetable sources, microorganisms and microalgae.
Soliance currently has two sites in France, located
in Pomacle and Ile Grande, and employs 77 people.
While terms of the deal have not been disclosed,
the Soliance operations would have represented
approximately CHF 25 million of incremental sales
to Givaudan’s results in 2013 on a proforma
basis. Givaudan plans to fund the transaction from
existing resources. The transaction is expected to
close in the second quarter of 2014, subject to the
customary closing approvals and conditions which
includes consultations with the employee
representative bodies.
Mane
- Full Year 2013 Sales increase - February
19, 2014 - Mane achieved consolidated sales
of € 723.2 million in 2013,
up 13.3% from € 638.4
million in 2012 (personal communication).
IFF
Full Year & 4th Qtr 2013
Sales
- New York - Feb. 13, 2014 - Revenue for the
full year increased 4.7% to $2,952.9 million. Local
currency sales increased 5% for the full year. On a
like-for-like basis (LFL), which excludes the exit
of Flavors low-margin sales activities, local
currency sales increased 6%. The emerging markets
grew by 10% and accounted for 49% of full year
sales. Full year Fragrance sales increased 6% to
$1,530.2 million while Flavor sales increased 3.2%
to $1,422.7 million. Fourth Qtr Sales increased 6.6
% to $725,169 million. Fourth Qtr Fragrance sales
increased 7.9% to $382,216 million while Fourth Qtr
Flavor sales increased 5.1% to $342,953 million.
For the Full Year, net income increased 39.1% to
$353,544 million.
Takasago
9 Month 2013-2014
Sales
- February 13, 2014 - 9 Month sales for the
year ending ear ending March 31 increased 9.8% to
¥ 99,357 million from the prior fiscal year
while net income decreased 16.7% to ¥ 3,377
million.
Sensient
F&F Full Year 2013 Sales
- Milwaukee, Feb. 10,
2014 - The Flavors & Fragrances Group reported
full year revenue of $881.3 million in 2013, up
from $875.3 million last year. Operating income was
$122.4 million in 2013 and $123.0 million in 2012.
The Flavors & Fragrances Group’s operating
margins were 13.9% in 2013 and 14.1% in 2012. The
Flavors & Fragrances Group reported 4th quarter
revenue of $210.1 million compared to the $216.9
million reported in the comparable period last
year. Operating income increased 2% to $29.2
million, compared to $28.7 million in last
year’s fourth quarter. Sensient includes
"dehydrated vegetables" - now referred to as
"natural ingredients", in their Flavors &
Fragrances sales numbers. In 2013 this was 27% of
sales. Accordingly, 2013 sales for conventional
Flavors & Fragrances were ~$643.3 million.
Givaudan
Full Year 2013
Sales
- Geneva, 30 January 2014 – Givaudan
Group full year sales were CHF 4,369 million, an
increase of 5.5% on a like-for-like basis and 2.6%
in Swiss francs vs. 2012. Fragrance Division sales
were CHF 2,083 million, an increase of 5.1% on a
like-for-like basis and 3.0% in Swiss francs.
Flavour Division sales were CHF 2,286 million, an
increase of 5.8% on a like-for-like basis and 2.3%
in Swiss francs. Gross margin increased to 44.7%
from 42.4%. Net income increased to CHF 490 million
in 2013 from CHF 410 million in 2012, an increase
of 19.5%.
IFF
Acquires Aromor- New York-Jan. 16,
2014-- International Flavors & Fragrances Inc.
announced that it has completed the acquisition of
Aromor
Flavors and Fragrances Ltd., a privately held
manufacturer and marketer of complex specialty
ingredients that are used in fragrances and
flavors. While terms of the transaction have not
been disclosed, the Aromor operations would have
represented approximately $35 million of
incremental sales to IFF’s results in 2013 on
a proforma basis. IFF funded the transaction from
existing resources. Aromor will become part of the
IFF Fragrances Ingredients business and is expected
to be accretive to IFF’s earnings per share in
2014.
Frutarom
9 Month 2013 Sales
- Haifa, Israel – November 27, 2013 -
In the first nine months of 2013 Frutarom’s
sales rose to $481.9 million, up 1.85% from 2012. 9
month Flavor sales flavor sales grew 2.8% to $355.1
million. Net profit for the first nine months
increased 17.4% to $48.7 million. Net profit net of
one-time expenses increased 22.3% to $50.3
million.
Takasago
Half Year 2013-2014
Sales
- November 13, 2013 - Takasago's half year
sales for the period ending September 30, 2013
increased 10.1% to ¥ 66,234 million from
¥60,152 million in the prior year. In terms of
profits, operating income was ¥ 4,388 million
(up 15.2% year on year), and ordinary income was
¥ 4,604 million (up 20.0% year on year). Net
income came to ¥ 2,178 million (down 17.5%
year on year) as a result of posting a ¥ 1,338
million loss for the fire accident at Hiratsuka
Factory. The Flavors segment recorded net sales of
¥ 41,428 million (up 10.4% year on year),
mainly reflecting growth in sales at subsidiaries
in the United States. In the Fragrances segment,
net sales came to ¥ 16,179 million (up 19.0%
year on year), as sales remained strong at
subsidiaries in Asia. In the Aroma Chemicals
segment, net sales were ¥ 5,405 million (up
17.1% year on year) mainly attributable to the
positive effect of foreign exchange. In the Fine
Chemicals segment, net sales were ¥ 2,550
million (down 31.1% year on year) due to the dismal
performance of pharmaceutical intermediates. In the
Real Estate segment, net sales were ¥ 670
million (down 6.5% year on year).
T.
Hasegawa Full Year 2012-2013 Sales
Results - November 8, 2013 - for the 12
months ending September 30, 2013 T. Hasegawa's
consolidated net sales were up 1.6% to ¥
45,104 million compared to ¥ 44,386 in the
prior year. Net income for the period increased
36.0% to ¥ 3,518 million.
Symrise
9 Month 2013 Sales - Holzminden, Germany
- November 5, 2013 - Symrise 9 months 2013 sales
increased 6.2% to € 1,401.2
million (+9.9% in local currencies). Scent &
Care 9 month 2013 sales increased 9.8% to
€ 736.3 million (+13.5% in
local currencies). Flavor & Nutrition 9 month
2013 sales increased 2.5% to €
664.9 million (+6.2% in local
currencies).
IFF
9 Month & 3 Qtr 2013
Sales
- New York,
November 5, 2013 - IFF 9 months net sales increased
4.1% to $2,227.7 million while 3d Qtr sales
increased 4.7% to $742.3 million. 9 month Flavor
sales increased 2.6% to $1079.8 million while 3d
Qtr Flavor sales increased 2.6% to $349.4 million.
9 month Fragrance sales increased 5.4% to $1147.9
million while 3d Qtr Fragrance sales increased 6.7%
to $392.9 million.
Sensient
F&F 3d Qtr & 9 Month 2013
Sales -
Milwaukee, Oct. 17, 2013 - The Flavors &
Fragrances Group reported 3d Qtr revenue of $226.27
million vs $224.7 million in 2012 (+0.7%). For the
9 month period, sales increased 2% to $671.23
million.
Robertet
9 Month 2013 Sales- 14 October 2013 - Robertet has
reported 9 month sales for 2013 of 298.056 million
euros, a decrease of -2.37% from 2012.
Firmenich
2012-2013 Sales
- Oct. 10, 2013 - For the financial year
ended June 30, 2013, Firmenich posted sales of CHF
2,890 million, an increase of 9.6%. Perfumery
posted single-digit sales growth in local
currencies. Flavors recorded high single-digit
sales growth while Ingredients sales were down
slightly in fiscal year 2013.
Givaudan
9 Month 2013 Sales
- Geneva, 10 October 2013 – In the
first nine months of 2013 Givaudan recorded sales
of CHF 3,318 million, an increase of 5.0% on a
like-for-like¹ basis and 2.7% in Swiss francs
compared to the previous year. Fragrance Division
sales were CHF 1,579 million for the first nine
months of 2013, an increase of 4.5% on a
like-for-like basis and 3.0% in Swiss francs.
Flavour Division sales were CHF 1,739 million
during the first nine months of 2013, an increase
of 5.4% on a like-for-like basis and 2.4% in Swiss
Francs. (Note*- like-for-like excludes the impact
of currency, acquisitions and disposals).
Robertet
1st Half 2013 Sales- 13 September 2013 - Robertet has
reported 1st Half sales for 2013 of 203.543 million
euros, a decrease of -0.6% over 2012.
T.
Hasegawa 9 Months 2012-2013 Sales
Results - August, 2013 - for the 9
months ending June 30, 2013 T. Hasegawa's
consolidated net sales were up 1.2% to ¥
33,194 million compared to ¥ 32,792 in the
prior year. Net income for the period increased
30.3% to ¥ 2,785 million.
Takasago
1st Qtr 2013-2014 Sales - August 12,
2013 - Takasago 1st Qtr sales for the period April
1 to June 30, 2013 increased 6.6% to ¥ 32,773
million from the prior year.
Frutarom
1st Half 2013
Sales
- Haifa, Israel – August 21, 2013 -
Frutarom’s 1st Half 2013 revenues increased
1.5% to US $320.8 million while income rose to 31.6
million (+17%). 2 Qtr revenues were US $168.6
million, a 2.3% increase in USD compared to Q2
2012.
Symrise
1st Half & 2 Qtr 2013 Sales -
Holzminden, Germany - August 7, 2013 - Symrise 1st
Half 2013 sales increased 7.2% to €
934.7 million (+9.5% in local currencies)
compared to the prior year. 2 Qtr sales increased
8.7% to € 477.1 million. Net
income for the 1st Half increased 7.7% to
€ 93.4 million. Scent &
Care 1st Half 2013 sales increased 10.3% to
€ 490.3 million (+12.5% in
local currencies). Flavor & Nutrition 1st Half
2013 sales increased 4.0% to €
444.4 million (+6.5% in local
currencies).
IFF
1st Half & 2 Qtr 2013
Sales
- New York, August
6, 2013 - IFF net sales increased 3.7% in the 1st
half of 2013 to $1485.5 million. Net income for the
1st half 2013 increased 13.8% to $193 million. 2d
Qtr net sales were $757.6 million (+5.0%). In the
2d Qtr, like-for-like sales, which excludes the
impact of foreign currency and the exit of
low-margin sales activities in Flavors, increased
8%. 1st half 2013 Fragrance sales were up 4.8% to
$755.1 million. 2d Qtr Fragrance sales were $383.6
million (+6.6%). 1st half 2013 Flavor sales
increased 2.7% to $730.4 million. 2d Qtr Flavor
sales were $374 million (+3.5%).
Sensient
F&F 1st Half & 2d Qtr 2013
Sales -
Milwaukee, July 26, 2013 - The Flavors &
Fragrances Group reported half year revenue of $445
million vs. $433.6 million in 2012 (+ 2.6%). 2 Qtr
F&F revenue was $227.9 million vs. $218.9
million in 2012 (+ 4.1%).
Givaudan
Half year 2013
Sales
- Geneva, 25 July 2013 – Givaudan Group
sales for the first six months of the year totalled
CHF 2,225 million, an increase of 5.7% on a
like-for-like basis and 4.7% in Swiss francs.
Fragrance Division sales were CHF 1,047 million, an
increase of 5.5% on a like-for-like basis and 5.3%
in Swiss francs. Flavour Division sales were CHF
1,178 million, an increase of 5.8% on a
like-for-like basis and 4.1% in Swiss francs. Net
income for the first six months of 2013 was CHF 271
million compared to CHF 200 million in 2012, an
increase of 35.5%. This results in a net profit
margin of 12.2%, versus 9.4% in 2012.
Wild
Flavors Full Year 2012 Sales - July 16,
2013 - For 2012 Wild Flavors has reported sales of
€ 838 million, an increase
of 29% from € 650 million in
2011. On November 1, 2011, WILD Flavors acquired
all shares in A. M. Todd India Pvt. Ltd. and
certain assets and liabilities of A. M. Todd and
its applicable subsidiaries in the US, the UK and
France. On June 29, 2012, WILD Flavors and Cargill
entered into a sale of business agreement for the
acquisition of production facilities and working
capital positions relating to Cargill's juice and
blends business located in the Netherlands, the US
and Japan. The company with its origins in
Heidelberg, Germany was established in 1931. On
January 27, 2010 entrepreneur Dr. Hans-Peter Wild
entered into a strategic alliance with the
international private equity firm Kohlberg Kravis
Roberts & Co. L.P. (KKR) that now holds a 35%
stake in the business.
Takasago
Full Year 2012-2013 Sales - May 20, 2013
- Takasago sales increased 4.7% to ¥ 118,973
million from the prior year ending March 31. Net
income increased to ¥ 4673 million from ¥
1,774 milllion (+163.4%)
Symrise
1st Qtr 2013 Sales - Holzminden, Germany
- May 7, 2013 - Symrise 1st Qtr 2013 sales
increased 5.8% to € 457.6
million (+7.9% in local currencies) compared to the
prior-year-quarter. Net income for the quarter in
creased 6.9% to € 46
million. Scent & Care sales increased 8.9% to
€ 245.0 million (+11.1% in
local currencies). Flavor & Nutrition sales
increased 2.3% to € 212.6
million (+4.3% in local currencies).
IFF
1st Qtr 2013 Sales
- New York, May 7,
2013 - IFF net sales for the first quarter totaled
$727.8 million, an increase of 2% from $710.6
million in the first quarter of 2012. Excluding the
impact of foreign currency, local currency sales
increased 3%. On a like-for-like basis, which
excludes the exit of low-margin sales activities in
Flavors, local currency sales increased 4%. Net
income totaled $90.7 million for the Qtr, compared
with net income of $81.1 million in 2012 (+18.4%).
The Fragrances Business sales increased 3% to
$371.5 million. The Flavors Business Unit sales
increased 2% to $356.4 million.
Sensient
F&F 1st Qtr 2013 Sales
- Milwaukee, April 18, 2013 - The Flavors
& Fragrances Group reported revenue of $217.0
million in the 1st Qtr of 2013, compared to $214.7
million in the comparable period in 2012. Operating
income for the quarter was $28.9 million compared
to $29.1 million in last year’s first quarter.
The Flavors Business Unit
Givaudan
1st Qtr 2013 Sales
- Geneva, 16 April 2013 – In the first
three months of 2013 Givaudan recorded sales of CHF
1,088.9 million, an increase of 3.9% on a
like-for-like basis, and 2.7% in Swiss francs
compared to the previous year. The Fragrance
Division recorded sales of CHF 517.1 million, a
growth of 4.2% on a like-for-like basis and 3.6% in
Swiss francs. Sales growth has been driven by the
good growth in Consumer Products, whereas sales in
Fine Fragrances and Fragrances Ingredients were
lower than in the first quarter of 2012. The
Flavour Division reported sales of CHF 571.8
million, representing a 3.7% growth on a
like-for-like basis and 1.9% in Swiss francs.
Robertet
1st Qtr 2013 Sales- 15 April 2013 - Robertet has reported
1st Qtr sales for 2013 of 100.712 million euros, an
increase of 0.75% over 2012. Fragrance sales
increased 2.53 % to 35.756 million euros. Flavour
sales decreased 1.6% to 38.081 million euros and
Ingredient sales increased 0.5 % to 26.332 million
euros.
Senomyx
& Firmenich Amend Their Sweet Taste Program
Agreement - April 11, 2013 - Senomyx and
Firmenich announced that the companies have amended
and restated their Sweet Taste Program
collaboration agreement. The amended agreement
provides that Firmenich will have exclusive rights
to commercialize certain Senomyx sweet flavor
ingredients discovered under the collaboration in
food and select beverage product categories for a
period of time. After this initial period, Senomyx
will begin selling the flavor ingredients to other
flavor companies while Firmenich continues sales to
food and beverage companies. Senomyx’s
initiation of its new direct sales strategy is
intended to accelerate the Company’s
transformation into a profitable company by
expanding its focus from discovery &
development into commercialization. Senomyx’s
flavor ingredient portfolio will initially focus on
sweet flavor modifiers, which can be used to
restore the desired taste profile of products in
which sucrose has been reduced. The first product
will be S9632, which Senomyx intends to sell to
flavor companies for end-use in non-alcoholic and
powdered beverages, with the anticipated
availability of commercial quantities of S9632 by
the fourth quarter of 2013. The sweet flavor
modifier S6973 will become available for sale by
Senomyx for use in food and certain beverage
categories at a future date. In addition, Senomyx
may also decide in the future to directly
commercialize other flavor ingredients to expand
its portfolio and further support the direct sales
strategy. Concurrent with the amendment, Senomyx
and Firmenich have also entered into a Supply
Agreement under which Firmenich has agreed to
supply Senomyx with commercial quantities of
certain sweet flavor ingredients. The Supply
Agreement has a term of ten years, and is exclusive
through 2017. This relationship streamlines and
accelerates the launch of Senomyx’s direct
sales strategy, without the Company having to incur
the cost of sourcing and establishing manufacturing
capabilities at this time.
Frutarom
1st Qtr 2012 Sales
- Haifa, Israel – May 30, 2012 -
Frutarom’s 1st Qtr revenues for 2012 were
US$151.2 million, a 27.5% increase in local
currency terms and +25% in USD compared to US$121
million in Q1 2011.
Takasago
Full Year 2011-2012
Sales
- May 14, 2012 - Takasago sales for the
Fiscal Year Ended March 31,2012 were ¥113,676
million compared to ¥114,861 million in the
prior fiscal year (-1.0%).
Symrise
1st Qtr 2012 Sales - Holzminden, Germany
- May 09, 2012 - Symrise first Qtr sales increased
3.8% to € 432.6 million
(+2.0% at local currency). Scent & Care sales
increased 3% to € 224.9
million (+1.1% at local currency). Flavor &
Nutrition sales increased 4.7% to
€ 207.8 million (+3.0% at
local currency).
IFF
1st Qtr 2012 Sales
- New York, May
08, 2012 - IFF reported first quarter 2012 revenue
of $710,616 million, 0.51% lower than the prior
year period. Flavor sales increased 3.3 percent
over the prior year period while local currency
sales grew five percent. Fragrance sales declined
four percent over the prior year period while local
currency sales declined three percent.
Sensient
F&F 1st Qtr 2012 Sales
- - Milwaukee, April 20, 2012 - Sensient's
Flavors & Fragrances Group sales increased 4.3
% to $214.7 million vs. 2011.
Givaudan
1st Qtr, 2012
Sales
- Geneva, 11 April 2012 - In the first three
months of 2012, Givaudan recorded sales of CHF
1,060.3 million, an increase of 8.4% in local
currencies and 4.7% in Swiss francs compared to the
previous year. The Fragrance Division recorded
sales of CHF 499.1 million, a growth of 10.7% in
local currencies and 6.8% in Swiss francs. The
Flavour Division reported sales of CHF 561.2
million, representing an increase of 6.4% in local
currencies and 3.0% in Swiss francs.
Frutarom
Full Year 2012
Sales
- Haifa, Israel – March 13, 2013 -
Frutarom's revenues in FY 2012 totaled US$ 618
million, a 19.2% increase over 2011. Net profit
increased 24% to US$ 52 million.
Symrise
Full Year 2012 Sales - Holzminden,
Germany - March 12, 2013 - In 2012 Symrise reported
sales of €1,734.9 million
(+9.6%) or +6 % in local currencies, while Net
Income increased 7.5% to
€157.5 million. Scent &
Care reported sales of €883
million (+10%) or +7.0% in local currencies. Flavor
& Nutrition saw sales increase by +12 % to
€852 million (or +6% in
local currencies).
Robertet
Full Year 2012 Sales- 20 February 2013 - Robertet has
reported sales for 2012 of 395.601 million euros,
an increase of 6% over 2011. Fragrance sales
increased 3.57% to 141.052 million euros. Flavour
sales increased 8.85% to 154.89 million euros and
Ingredient sales increased 4.97% to 96.648 million
euros.
Mane
- 2012 Sales increase of 20% - February 15,
2013 - Mane achieved a consolidated turnover
of € 638.4 million in 2012,
up 20.4% from € 530.1
million in 2011 (personal communication). Mane's 5
Year average annual sales growth has been above 15%
- significantly higher than any other major F&F
company.
Takasago
9 Month 2012-2013
Sales
- February 14, 2013 - 9 Month sales
increased 3% to ¥ 90,470 million from the
prior fiscal year while net income increased 57% to
¥ 4,053 million.
IFF
Full Year 2012
Sales
- New York, Feb.
8, 2013 - revenue for the full year increased 1.1%
to $2,821.4 million. Local currency sales increased
4% for the full year, reflecting accelerated
momentum throughout the year. On a like-for-like
basis, sales increased 5%. The emerging markets
accounted for 47% of full year sales. Net income
for the full year totaled $254.1 million, compared
with net income of $266.9 million in the prior
year. The Fragrance business unit revenue for the
full year of $1,443.1 million was flat compared
with the prior year. Fragrance local currency sales
increased 3%. Flavors business unit revenue for the
full year increased 2.3% to $1,378.4 million. For
the 4th Qtr, total revenue increases 5.6% to $680.6
million. 4th Qtr Fragrance revenue increase 10.1%
to $354.1 million and 4th Qtr Flavors revenue
increased 1.1% to $326.4 million.
Sensient
F&F Full Year 2012 Sales
- Milwaukee, Feb. 8, 2013 - The Flavors
& Fragrances Group reported record revenue of
$875.3 million in 2012, up 2.1% from $857.5 million
in 2011. Operating income was $123.0 million in
2012 compared to $129.4 million in 2011. Foreign
currency translation reduced revenue by
approximately three percent and operating income by
one percent in 2012. In the 4th Qtr, the Flavors
& Fragrances Group reported revenue of $216.9
million, an increase of 5.6% over the $205.4
million reported in last year’s fourth
quarter. Operating income was $28.7 million in the
quarter compared to $31.8 million in the fourth
quarter of 2011.
Chiral
chemistry in flavours &
fragrances
- March
31, 2011 - a new article by John C.
& Diane Leffingwell from the March 2011 issue
of Speciality Chemicals Magazine.
The
Taste of Carbonation - October 2009 -
Charles S. Zuker and co-workers shed light on the
receptor mechanism(s) that drive the sensory
perception of CO2 in the October 16th
issue of Science magazine.
The
sweet scent of success by Emma Davies,
Chemistry World, Vol 6 (2 ), February 2009 -
Interesting insights into some of the world's most
celebrated perfume molecules. To download a pdf
file of this article, click HERE
Molecular
mechanism for the umami taste
synergism -
An article by F Zhang et al, PNAS, 2008,
DOI: 10.1073_pnas.0810174106 - a proposed unique
venus fly-trap molecular mechanism by which
molecules drastically enhance umami flavour - the
savoury taste associated with protein-rich foods
such as meat, cheese and seafood.
Perfumers'
odor perception space- An article by Manuel Zarzo & David
T. Stanton, Understanding the underlying dimensions
in perfumers' odor perception space as a basis for
developing meaningful odor maps, Attention,
Perception & Psychophysics, 71(2), 225-247
(2009)
The
Flavor & Fragrance Market
- Article by Herta Ziegler in the
2007 book Flavourings: Production, Composition,
Applications, Regulations
Scents
of Precious Woods, an article by John
Leffingwell on the odor active enantiomers of the
world's most important aromatic woods and modern
replacement aroma chemicals.
ESO
2000 (update 2006)
- a major update of
ESO - The Complete Database of Essential
Oils. The new ESO 2000 (update 2006) has
33% more analyses with 21% more chemical compounds
than its earlier version.
PMP
2001 Rated the Top Ranked Olfactory
Database - In J. Chem. Inf. Model. 2006,
46, 32-38, Comparing the Information Content of
Two Large Olfactory Databases by Marco Pintore,
et. al., ..."But more important for the aim of this
work, all validation and prediction scores
associated with the PMP 2001 data sets were clearly
superior to the Arctander ones, with differences
ranging between 5 and 20%. Then, these results
seem to indicate the information content included
in the PMP 2001 database is more trustable and it
should be adopted as reference database for deeper
studies on more extended olfactory data
sets."
I
n t h e N e w
s
Articles
and Information of interest to the Flavorist,
Perfumer or those interested in the Chemistry of
Natural Botanical properties.
Special Features on
this Site
Visit
the BACIS web pages - now on our site
(Boelens Aroma Chemical Information Service). Lots
of free information.
FEMA GRAS List
26
- 5 February
2013 - Now available: 26.
GRAS Flavoring Substances List: This list of
substances will appear in the 26th publication
(GRAS 26) authored by the Expert Panel of the
Flavor and Extract Manufacturers Association on
recent progress in the consideration of flavoring
ingredients “generally recognized as
safe” (GRAS) under conditions of their
intended use in food flavorings in accordance with
the 1958 Food Additives Amendment to the Federal
Food, Drug and Cosmetic Act.
Givaudan
Full Year 2012
Sales
- Geneva, 5 February 2013 - For the full
year, Givaudan Group sales totalled CHF 4,257
million, an increase of 6.6% in local currencies
and 8.7% in Swiss francs compared to 2011. Sales of
the Fragrance Division were CHF 2,021 million, an
increase of 8.4% in local currencies and 10.3% in
Swiss francs. Sales of the Flavour Division were
CHF 2,236 million, an increase of 5.0% in local
currencies and 7.4% in Swiss francs compared to
2011. Net income increased to CHF 411 million in
2012 from CHF 252 million in 2011, driven by an
improved operating performance, lower financial
expenses and a lower income tax rate. This
represents 9.7% of sales in 2012, versus 6.4% in
2011. Basic earnings per share increased to CHF
45.15 in 2012 from CHF 27.71 in the previous
year.
T.
Hasegawa 2011-2012 Sales Results - for
the full year ending September 30, 2012
consolidated net sales were ¥44,386 million
compared to ¥ 44,246 in the prior year. Net
income for the period decreased 17% to ¥2,586
million.
Frutarom
9 Months 2012
Sales
- Haifa, Israel – November 27, 2012 -
For the first nine months of 2012, Frutarom sales
grew, net of currency effects, by 27.9%, achieving
record sales for the first nine months of US$473.1
M, versus US$386.9 M during the first nine months
of 2011. In dollar terms, sales grew by 22.3%.
Frutarom's sales in the Flavors segment, net of
currency effects, increased by 34.6% compared with
the first nine months of last year, reaching a high
of US$345.6 M for the first nine months. 3d Qtr
sales rose to US$157.1 M, a 24% growth net of
currency effects, compared with US$135.3 M during
the same quarter in 2011. In dollar terms, sales
grew by 16.2%. Frutarom's sales in the Flavors
segment, the most profitable of the Company's
activities, grew, net of currency effects, by 26.4%
during Q3 of this year, compared with the same
quarter last year, reaching a third quarter record
high of US$114.2 M. Flavors’ sales constitute
73% of total Frutarom sales.
FEMA
Interim GRAS List -
November
19, 2012 - FEMA has released the latest
interim GRAS list which includes eleven new
additions.
Takasago
Half Year 2012-2013
Sales
- November 13, 2012 - Takasago's half year
sales increased marginally to ¥ 60,152 million
from ¥59,932 million in the prior year
(+0.4%).
Symrise
9 Months 2012 Sales - Holzminden,
Germany - Nov. 7, 2012 - In the first nine months
of 2012 Symrise posted revenues of
€ 1,319.6 million (+9.4%),
or +5.9% in local currencies. The Scent & Care
division generated 9 month sales of
€ 670.6 million vs.
€ 609.7 million in 2011
(+10%) and +6.5% in local currencies. Flavor &
Nutrition generated 9 month sales of
€ 649.0
million vs. € 596.6
million in 2011 (+8.8%) and +5.2% in local
currencies. 9 month net income rose 7.2% to
€ 125.9 million
IFF
3d Qtr 2012 Sales
- New York, Nov.
6, 2012 - 3d Qtr revenues were $709 million, a
decrease of 0.7% from $713.8 million in the third
quarter of 2011. Excluding the impact of foreign
currency, local currency sales increased 5%. For
the full 3 quarters of 2012 revenues were $2,140.9
million, essentially flat vs. $2,143.6 million in
2011. 3d Qtr Flavor sales were $340.7 million vs.
$340.6 million in 2011. Flavor sales for the first
3 Qtrs totaled $1,051.9 million vs. $1,024.6
million in 2011 (+2.7%). 3d Qtr Fragrances sales
were $368.3 million vs. $373.2 million in 2011.
Fragrances sales for the first 3 Qtrs totaled
$1,089 million vs. $1,119 million in 2011 (-2.7%).
Reported net income totaled $16.4 million, or $0.20
per diluted share, for the third quarter. Reported
net income includes $72.4 million of tax expense
related to the previously announced Spanish tax
settlement.
Firmenich
2011-2012 Sales
- Oct. 22, 2012 - For the financial year
ended June 30, 2012, Firmenich posted sales of CHF
2,636 million, a decline of 5.2% in Swiss Francs
but an increase of 1.1% in local currencies.
Perfumery posted a solid single-digit sales
increase in local currencies. The Flavors Division
posted a modest increase in sales, fueled by strong
momentum in Savory Foods and Sweet Goods and driven
by high double-digit growth in several strategic
growth markets. Ingredients sales declined as the
sales performance was significantly hindered by
emerging competition.
Sensient
F&F 3d Qtr 2012 Sales
- Milwaukee, October 19, 2012 - The Flavors
& Fragrances Group reported third quarter
revenue of $224.7 million (+2%) compared to $220.3
million in last year’s third quarter.
Operating income was $31.8 million in the quarter
compared to $33.1 million in the third quarter of
2011. Foreign currency translation reduced revenue
by 3.4% and operating income by 1.4% in the
quarter. Third quarter results were affected by
customer inventory destocking and higher raw
material costs.
Givaudan
9 Months 2012
Sales
- Geneva, 9 October 2012 – In the first
nine months of 2012 Givaudan recorded sales of CHF
3,231 million, an increase of 6.1% in local
currencies and 8.8% in Swiss francs compared to the
previous year. Fragrance Division sales were CHF
1,533 million for the first nine months of 2012, an
increase of 7.6 % in local currencies and 9.9% in
Swiss francs. Flavour Division sales were CHF 1,698
million during the first nine months of 2012, an
increase of 4.8% in local currencies and 7.7% in
Swiss francs over the same period in 2011.
Frutarom
1st Half 2012
Sales
- Haifa, Israel – August 22, 2012 -
Frutarom’s 1st Half 2012 revenues increased
25.6% to US $316.0 million while income rose to
27.0 million (+6.3%). 2 Qtr revenues were US $164.8
million, a 26.2% increase in USD compared to Q2
2011.
Takasago
1st Qtr Year 2012-2013
Sales
- August 13, 2012 - Takasago's sales for the
1st Qtr ending June 30, 2012 increased 3.5% to
¥30,735 million from ¥29,694 million in
the prior fiscal year.
IFF
2d Qtr & Half Year 2012
Sales
- New York, August
08, 2012 - 2d Qtr revenue totaled $721,317 million,
an increase of 0.8% from $715,589 million in the
second quarter of 2011. Excluding the impact of
foreign currency, local currency sales increased
4%. 2d Qtr flavor sales increased 4.6% to $361,371
million, compared with $345,407 million in the
second quarter of 2011. Excluding the impact of
foreign currency, local currency sales increased 8%
on top of the 8% growth reported in the second
quarter of 2011. 2d Qtr fragrance sales declined
2.8% to $359,946 million compared to $370,182 in
the prior year period. Excluding the impact of
foreign currency, in local currency, 2d Qtr
fragrance sales were flat. For the half year,
consolidated sales were $1,431,933 million compared
to $1,429,860 million in 2011 (+1%). Half year
flavor sales increased to $711,258 million vs.
$683,994 million in 2011 (+4%). Half year fragrance
sales were $720,675 million vs. $745,866 million in
2011 (-3.5%). Half year net income rose to $169,651
million from $160,231 million in 2011 (+5.9%).
Symrise
Half year 2012 Sales - Holzminden,
Germany - August 9, 2012 - In the first six months
of 2012 Symrise posted revenues of
€ 871.6 million (+7.4%), or
+4.4% in local currencies. The Scent & Care
division generated sales of €
444.4 million vs. €
409.5 million in 2011 (+8.5%) and +5.5% in
local currencies. Flavor & Nutrition generated
1st half sales of € 427.2
million vs. € 402.3 million
in 2011 (+6.2%) and +3.2% in local currencies. Half
year net income rose 7.9% to €
83.5 million
Givaudan
1st half 2012
Sales
- Geneva, 3 August 2012 – Givaudan
group sales for the first six months of the year
totalled CHF 2,126 million, an increase of 6.9% in
local currencies and 6.0% in Swiss francs.
Fragrance Division sales were CHF 994 million, an
increase of 8.3% in local currencies and 7.2% in
Swiss francs. Flavour Division sales were CHF 1,132
million, an increase of 5.6% in local currencies
and 5.0% in Swiss francs. Net income for the first
six months of 2012 was CHF 201 million, versus CHF
120 million in 2011. This results in a net profit
margin of 9.5%, versus 6.0% in 2011.
Sensient
F&F 2d Qtr 2012 Sales
- - Milwaukee, July 20, 2012 - Sensient's
Flavors & Fragrances Group reported second
quarter revenue of $218.9 million, compared to the
$225.8 million reported in the comparable period
last year (-3.1%). Operating income was $33.5
million in the quarter, compared to $35.9 million
reported in last year’s second quarter
(-6.7%). Foreign currency translation reduced
revenue by 4.3% and operating income by 3.0%.
Florachem
- June 15, 2012 - Michael B. Wimberly has
been named CEO of Florachem Corporation, the
Jacksonville, Florida-based specialty chemicals
company. Mr. Wimberly assumes his role as CEO with
over 30 years of experience in the aroma chemicals
industry, including management positions in
manufacturing, purchasing and marketing. Most
recently, he was Vice President of Renessenz
LLC
Chemistry
and the Sense of
Smell -
This book by Charles Sell provides an
account of the totality of fragrance chemistry in
one volume. It describes the chemistry of odorous
materials, how and why they are produced in nature,
how they are produced and used commercially, how
they are analyzed and characterized, the chemistry
of how we perceive them, and their role in our
everyday lives. The final chapter reviews the major
intellectual challenges for fragrance chemists and
considers the future of the field.
Scent
and Chemistry
- This book is the long awaited completely
revised and extended edition of Günther
Ohloff's standard work "Scent and Fragrances: The
Fascination of Odors and Their Chemical
Perspectives". The prominent chemists Günther
Ohloff, Wilhelm Pickenhagen, and Philip Kraft
convey the scientist, the perfumer, as well as the
interested layman with a vivid and up-to-date
picture of the state of the art of the chemistry of
odorants and the research in odor perception. The
book details on the molecular basis of olfaction,
olfactory characterization of perfumery materials,
structure-odor relationships, the chemical
synthesis of odorants, and the chemistry of
essential oils and odorants from the animal
kingdom, backed up by ca. 400 perfumery examples
and historical aspects. Available as of December
2011.
His latest book takes
the reader on a journey through many biodiversity
hotspots, all of them home to endangered plant
species. Roman Kaiser has worked for over ten years
collecting and investigating the scent of around
500 endangered plant species worldwide, of which
267 are described in 'Scent of the Vanishing
Flora'. The book starts with an introductory
section sharing some research and concerns about
the loss of biodiversity and extinction of key
species around the world. Dr. Kaiser continues by
presenting scented species of the Vanishing Flora
encountered during his fascinating expeditions to
such exotic places as the Hawaiian Islands, the
Cape Floral Kingdom, the rainforests around the
tropical belt and the European Alps. The book
concludes with a description of the iconic family
of the Vanishing Flora, Orchidaceae, and summarises
the analytical compositions of the presented
scents.
The results of his studies have been
documented in around 80 scientific papers and in
two previous books:
* 'The Scent of Orchids' - Olfactory and
Chemical Investigations, in 1993
and
* 'Meaningful Scents around the World' -
Olfactory, Chemical, Biological and Cultural
Considerations in 2006.
EFSA
completes first stage of comprehensive safety
review of flavouring
substances -
November 9, 2010 - Scientists at the European Food
Safety Authority have completed the first stage of
a comprehensive safety review of 2,067 flavouring
substances used in the European Union. Based on
EFSA’s work, the European Commission will
establish a list of flavouring substances which can
continue to be used in the EU. EFSA’s
scientific Panel on flavourings (the CEF Panel)
found that the majority of
flavouring[1] substances (1,667)
do not give rise to safety concerns. The Panel has
asked manufacturers of the flavouring substances to
provide further data on around 400 substances to
allow it to complete the evaluations. EFSA will
re-assess those substances once those data are
received.
[1] These do not include smoke flavourings
which are regulated by a different regulation in
Europe. The use of flavourings in foods is
regulated by Regulation (EC) 2232/96 whereas smoke
flavourings used or intended for use in or on foods
are regulated by Regulation (EC)
2065/2003.
Firmenich's New Enantioselective
Synthesis of (-)-beta-Santalol
...
Charles Fehr and
co-workers at Firmenich have designed the "right
cat for the desired odor". In WIPO Patent
Application WO/2009/141781
(November 26, 2009), they disclose a novel, and
seemingly practical, approach to the synthesis of
beta-Santalol (the Golden Grail of Sandalwood
odor). See also - Charles Fehr, Iris Magpantay,
Jeremy Arpagaus, Xavier Marquet, Magali Vuagnoux,
Enantioselective
Synthesis of (-)-beta-Santalol by a
Copper-Catalyzed Enynol Cyclization-Fragmentation
Reaction, Angewandte Chemie, Volume 121, Issue
39, Date: September 14, 2009, Pages:
7357-7359
EFFA Splits
- Dec. 4, 2009 - The European Flavour and
Fragrance Association is to become the European
Flavour Association (EFA), following a decision
to split its branches in light of new regulatory
challenges. IFRA
Assumes EFFA Fragrance
Activities.
EFSA Opinions- Reviews the latest
opinions of the Scientific Panel on food
additives, flavourings, processing aids and
materials in contact with food [AFC] as
relates to the EC Register list of
flavourings.
PMP
2001
Database of Perfumery Materials
& Performance
Chemical Identities, Odour
Descriptions, Performance, Application and
references to RIFM monographs (where possible) of
more than 4,100 perfumery materials; Stability
Records of all materials in 21 endproducts and in
water pH 1 - 12; More than 3,200 Commercial Names
and Synonyms with suppliers; The possibility to
search on Chemical Identity, CAS number, Odour
Description and Stability.
FRM
2001 - The Complete Database of Flavour (Raw)
Materials
Chemical identities, Chemical
Abstracts Service registry numbers (CAS), FEMA-GRAS
Substance numbers and Council of Europe numbers of
more than 5,500 Flavour Materials; among these are
all GRAS lists materials and more than 1,400
materials from natural sources; More than 550
suppliers for these materials, with addresses,
telephone and fax numbers; An indication of the
Occurrence, Flavour and Application of each
material; One or two references of the most recent
literature on more than 4,500
materials.
The
Musk & Fragrance Controversy- download the Draft for public
hearing from the Swedish Society for Nature
Conservation entitled Fragrances 2000
G u e s t B o o k
Sign
our guest book to receive product notices and press
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"Odour
and Flavour threshold values in air, water and
other media"by L.J. van
Gemert. Available now: an impressive collection of
odour & flavour threshold values starting from
the early days of olfactory research, including
literature references, compiled by L.J. van Gemert,
formerly of TNO Nutrition and Food Research
Institute, Zeist, The Netherlands. - from
Oliemans
Punter &
Partners.
