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Mane 2009 Sales increase 13% - February 08, 2010 - Mane achieved a turnover of 376.2 million euros in 2009, up 13.1% from 332.5 million euros in 2008.

Sensient F&F 4th Qtr & Full Year 2009 Sales - February 05, 2010 - The Flavors & Fragrances Group of Sensient reported revenue for the 4th Qtr. of $195.96 million, an increase of 2.3% compared to to the same period in 2008. For the full year, sales declined 3.5% to $772.87 million vs the same 2008 period.

Senomyx’s 4th Qtr and Full Year 2009 Financials – February 4, 2010 – Senomyx revenues were $4.9 million for the 4th Qtr of 2009, compared to $3.5 million for the 4th Qtr of 2008. The increase was primarily due to the recognition of revenue related to the Company’s 2009 Sweet Enhancer collaboration with Firmenich. In 2009, the Company received $12 million in license fee payments related to this collaboration, of which $1.4 million was recognized as revenue in the fourth quarter of 2009. Revenues were $15.5 million for the year ended December 31, 2009, compared to $17.2 million for the year 2008. Annual revenue in 2008 included $3.6 million of revenue related to an $8.0 million upfront payment associated with the expansion of the Company’s collaboration with Ajinomoto in August 2007. The upfront payment was recognized as revenue ratably over the nine month period from August 2007 through April 2008. This was partially offset by the recognition of revenue in 2009 related to the Company’s 2009 collaboration with Firmenich. As noted above, in 2009, the Company received $12 million in license fee payments related to this collaboration, of which $2.3 million was recognized as revenue in 2009.

Firmenich - New Flavors Head - Geneva, Switzerland, January 13, 2010 – Firmenich has appointed Aldo Uva Corporate Vice President Flavors and a member of its Executive Committee, effective January 2010. He replaces Don Hartman, who retired at the end of 2009 after 38 years with the company, 12 as Head of Flavors on the Group’s Executive Committee. Don Hartman was instrumental in taking Firmenich from a small player in the Flavors market to the number two position it enjoys today.

Frutarom 3rd Qtr & 9 Month 2009 Sales - Haifa, Israel – November 24, 2009 - Frutarom's 3rd Qtr 2009 sales totaled US $111.6 million, a decrease of approximately 1.6% in local currency terms (-7.0% in US $) compared to 3rd Qtr 2008. Frutarom's 9 month sales were US $ 316.7 miliom, a decrease of approximately 4.3% in local currency terms (-15.5% in US $) as compared to the first nine months of 2008. The company's acquisitions of Oxford, FSI and Chr. Hansen's savory business contributed an estimated $8.1 million to 3rd Qtr and $17.2 million to its 9 month sales.

T. Hasegawa 2008-2009 Sales Results - November 13, 2009 - for the full year ending September 30, 2009 consolidated net sales were ¥ 43,244,000, down 4.8%. For the same period, earnings declined 19.9% to ¥ 1,792,000. For the fiscal year ending September 30, 2010 the company projects that consolidated net sales will increase 2.3% to ¥ 44,260,000.

Takasago Half Year 2009-2010 Sales Results - November 12, 2009 - for the fiscal half year (April 1, 2009 - September 30, 2009), Takasago has reported sales of ¥ 58,841,000, a decline of 10.6%. In the same period, net income declined 45.6% to ¥ 1,796,000.

Symrise 3rd Qtr & 9 Month 2009 Sales - Holzminden, November 5, 2009 - 3rd Qtr sales increased by 5.6% to €352.4 million compared to the 2008 period. 9 month sales were €1,037.5 million, an increase of 2.8% (1.3% in local currencies) vs 2008. Third Qtr sales for the Scent & Care division were up 4.9% to € 175.0 million vs €166.9 million in 2008. For the 9 month period, Scent & Care sales were up 1.75% to €518.6 million vs €509.7 million in 2008. The Flavor & Nutrition division posted 3rd Qtr sales of €177.4 million vs 2008 period sales of €166.4 million, an increase of 6.6%. For the 9 month period, Flavor & Nutrition sales were €518.9 million vs €499.8 million in 2008, a 3.8% increase. Assuming that the company's acquisitions had already belonged to Symrise at the beginning of 2008, third-quarter sales rose substantially by 4%, while sales in the first nine months of 2009 lagged 2 % behind the previous year’s nine-month figures due to weaker sales in the preceding quarters of 2009.

IFF 3rd Qtr & 9 Month 2009 Sales - Nov. 4, 2009 - 3rd Qtr 2009 sales declined 1% to $612.6 million from $617.5 million in 2008. On a local currency basis sales increased 2%. For the 9 month period, sales declined 6% to $1,740.5 million vs $1,850.3 million in 2008.
3rd Qtr Flavor sales were $275.4 million vs $278.2 million in 2008 (a decline of 1%); however, on a local currency basis, flavor sales were +2% for the Qtr. Nine month Flavor sales were $1,740.5 million vs. $1,850.3 million in 2008 (a decline of 5.9%).
3rd Qtr Fragrance sales were $337.2 million vs $339.3 million in 2008 (a decline of 0.6%); however, on a local currency basis, fragrance sales were +3% for the Qtr. Nine month fragrance sales were $929.2 million vs $1,008.4 million in 2008 (a decline of 7.9%)

Robertet 9 Month 2009 Sales - October 30, 2009 - Robertet has reported 9 month sales of 229.8 million euros, a gain of 0.4% from the 2008 period. Flavor sales were 94 million (+7.3% vs. 2008) and accounted for 41% of total sales.

Sensient F&F 3rd Qtr & 9 Month 2009 Sales - Oct 16, 2009 - The Flavors & Fragrances Group of Sensient reported revenue for the 3rd. Qtr. of $194.8 million, a decline of 4.8% compared to to the same period in 2008. For the 9 month period, sales declined 5.3% to $576.9 million vs the same 2008 period.

Givaudan 9 month 2009 Sales - Geneva, 9 October 2009: Givaudan’s sales momentum continues to improve with positive growth for the last two quarters compared to the previous year. Sales during the first nine months were CHF 3,025.5 million, an increase of 0.4% in local currencies and a decrease of 3.9% in Swiss francs. Excluding the effects of the divested business in the Flavour Division, growth in local currencies was 0.6%. The Fragrance Division recorded nine months sales of CHF 1,387.6 million, a decrease of 0.4% in local currencies and 5.1% in Swiss Francs. The sales recovery seen in the second quarter continued into the third quarter, with the division posting a growth of 3.1% in local currencies. All businesses reported a positive growth in the third quarter of 2009. The Flavour Division recorded sales of CHF 1,637.9 million, representing an increase of 1.1% in local currencies and a decline of 2.9% in Swiss francs. Excluding the effects of the divested business, growth in local currencies was 1.5%. The sales momentum for the division continued to improve in the third quarter, with the division posting a growth of 2.9% in local currencies.

Firmenich 2008-2009 Sales - Oct. 7, 2009 - For the financial year ended June 30, 2009, Firmenich posted sales of CHF 2,641 million, a decline of 4.3% in local currencies. Consumer products linked to basic needs, like eating, drinking, washing and cleaning, were the most resistant to economic crisis, while discretionary Fine Fragrance suffered most. (It should be noted , in contrast to most other companies who reported full year sales as of December 31, Firmenich's reported sales were from July 1, 2008 to June 30, 2009 - the full period of one of the world's worst economic and financial crisis).

IFF Chairmen & CEO Amen resigns - Sept. 14, 2009 - International Flavors & Fragrances Inc. said Monday that Chairman and CEO Robert Amen plans to step down at the end September. It gave no explanation for the departure of Amen, 59, who has been CEO for three years. Board member Douglas Tough will become non-executive chairman on Oct. 1 and take over as CEO no later than the end of the 1st Qtr. 2010.. Tough, 59, currently is CEO and managing director of Ansell Ltd. A temporary CEO office will include Chief Financial Officer Kevin Berryman; Nicolas Mirzayantz, who is group president of fragrances, and Hernan Vaisman, group president of flavors.

Robertet Half year 2009 Sales - August 25, 2009 - Robertet's half year 2009 sales were 150.72 million euros, down -2% from 153.85 million euros in the same period 2008. Flavors increased +7.3% from 58.93 million euros to 63.25 million euros. Perfumery sales declined 4.4% to 54 million euros compared to 56.5 million euros in 2008. Raw materials declined 12% to 32.64 million euros compared to 37.14 million euros in 2008.

Frutarom 2 Qtr & Half year 2009 Sales - August 27, 2009 - In the first half of 2009, Frutarom's sales totaled US$ 205.1 M, a decrease of approximately 5.5% in local currency terms compared to the first half of 2008. In dollar terms, sales in the first half of the year decreased by 19.4% compared to the same period last year. In the 2d Qtr of 2009, Frutarom's sales totaled US$ 106.7 M, a decrease of approximately 5.5% in local currency compared to the 2d Qtr 2008. In dollar terms, 2 Qtr sales decreased by 19.5% compared to 2d Qtr 2008. The three combined acquisitions Frutarom made in 2009 - Oxford in the UK, FSI in the USA and the savory activities of Chr. Hansen in Germany, contributed approximately $5.6 million to the sales in the 2d Qtr, and $9.1 million in the first half of year.

Symrise 2d Qtr & Half year 2009 Sales - Holzminden, August 6, 2009 - Half year sales rose from € 676.0 million to € 685.1 million in the first six months. This represents an increase of 1% (at local currency: -1%) vs. 2008. The Scent & Care division sales were stable in the first half with € 343.6 million, compared to € 342.7 million in the previous year (at local currency: -2%). If the effects of the acquisitions made in 2008 are taken into account, sales in the division decreased by 3% (at local currency: -6%). Flavor & Nutrition division sales rose by 3% to € 341.5 million compared to € 333.3 million for the 1st half 2008. Adjusted for exchange rate effects, revenues grew by 1%. In North America, the integration of Chr. Hansen Flavors in 2008 had a positive effect on sales performance. If the effect of the acquisition made in 2008 is taken into account, sales in the division decreased by 2% (at local currency: -4%). 2d Qtr sales in the Scent & Care division were € 163.8 million vs. € 162.9 million in 2008. 2d Qtr sales for the Flavor & Nutrition division were € 174.7 million vs. € 175.1 million in 2008.

IFF 2d Qtr & Half year 2009 Sales - New York, August 5, 2009 - 1st half 2009 sales were $1,127.9 million (-9%) vs. $1,232.7 million in 2008. 2d Qtr sales were $568.3 million (-11%) vs. $636.1 million in 2008. Net income for 2d Qtr 2009 was $95.3 million, down -23%. Net income for 1st half 2009 was $48.1 million, down -28%. Flavor sales for the 1st half were $535.9 million (-4.9%) and for the 2d Qtr were $269.8 million (-6.9%) versus the same periods in 2008. Fragrance sales for the 1st half were $592.0 million (-11.5%) and for the 2d Qtr were $298.5 million (-13.8%) versus the same periods in 2008.

Givaudan 2d Qtr & Half year 2009 Sales - Geneva, 4 August 2009 - Sales for the half year totalled CHF 1,996 million, a decrease of 0.9% in local currencies and 4.7% in Swiss francs. Excluding the impact of the divested business in the Flavours division, sales to June 2009 decreased by 0.6% in local currencies versus the same period in 2008. During the 2d Qtr sales posted a slight growth of 0.9% in local currencies compared to a decline of 2.1% in the 1st Qtr of this year. The Fragrance Division recorded sales of CHF 899 million, a decrease of 2.3% in local currencies and 6.6% in Swiss francs. During the 2d Qtr sales recovered and posted a slight growth of 0.9% in local currencies compared to the decline of 5.4% in the 1st Qtr of this year. The Flavour Division recorded sales of CHF 1,097 million, an increase of 0.2% in local currencies and a decrease of 3.2% in Swiss francs. Excluding the impact of the divested St Louis business, sales in the first half year 2009 increased by 0.8% in local currencies versus the same period in 2008.

Senomyx & Firmenich Collaboration - August 03, 2009 - Senomyx & Firmenich have entered into a collaborative research, development, commercialization and license agreement for Senomyx’s novel flavor ingredients intended to enhance the taste of sucrose (table sugar), fructose, and Rebaudioside (stevia). During the collaborative period, Firmenich will have exclusive rights to commercialize selected Senomyx Sweet Enhancers worldwide in virtually all food product categories not currently licensed to other companies

Sensient F&F 2d Qtr & Half year 2009 Sales - July 20, 2009 - The Flavors & Fragrances Group of Sensient reported revenue for the 2d. Qtr. of 2009 of $197.6 million compared to 2d. Qtr 2008 revenue of $211.5 million (-6.6%). Group operating profit increased 1.6%, to a record level of $34.2 million. Revenue for the first six months of 2009 was $382.1 vs. 404.7 million in 2008 (-5.6%).

Symrise: Dr. Heinz-Jürgen Bertram appointed as CEO - Holzminden, June 4, 2009 - Dr. Bertram has been appointed to the position of Chief Executive Officer of the flavors and fragrances manufacturer Symrise AG effective July 1st, 2009 succeeding Gerold Linzbach. Dr. Bertram received his doctorate in chemistry. He held a number of managerial positions in the Research and Development area before taking over responsibility for the Group’s global manufacturing operations in 2005. He has been a member of the Executive Board of Symrise AG since October 2006 when he was appointed to head-up the Flavor & Nutrition Division.

Alfred Goossens honored - the Society of Flavor Chemists honored Alfred Goossens at their annual meeting on May 14th. Joan Harvey, outgoing chairperson, presented Alfred with the Golden Blotter Award in recognition of his outstanding contributions to the society and the flavor industry. Prior to retiring from IFF, he headed up the Far East (now Greater Asia) division for the company. In recent years, he has been active in establishing Flavorful Solutions and instrumental in spearheading a viable "Library of the Flavor Chemists Society".

 

Welcome to the Leffingwell & Associates Web site. We are dedicated to serving the Perfume, flavor, food and beverage community with information, products and services. This Web site offers information on interesting subjects related to Perfume and Flavor Chemistry...and many links for those interested in flavors, fragrance, olfaction, herbs and spices, botanical medicine, as well as organoleptic properties and molecular visualization of selected flavor & fragrance materials.


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For past News visit our Archives
Flavor-Base 2010 - NEW - A new version to the world's most extensive database on flavoring materials and food additives.

Beverage-Master 2009 - NEW - Get ready to develop new low calorie beverages with Rebaudioside A (Reb A) alone or in conjuction with other sweeteners.

Flavor & Fragrance Top Ten
2008 Sales Volumes. So what about 2009? Get our "guess".

NEW - Cooling Ingredients and Their Mechanism of Action, by John C. Leffingwell in Handbook of Cosmetic Science and Technology, Third edition, André O. Barel, Marc Paye, and Howard I. Maibach, Editors, Pub: Informa Healthcare: New York. Chapter 65, pp. 661-675 (2009) - sign in at Amazon to read the article.

Human Pheromones: What’s Purported, What’s Supported by Charles J. Wysocki and George Preti, A Sense of Smell Institute White Paper, July 2009.

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.

Electronic 'nose' could shed light on sense of smell - Chemical World, April 2009 Issue - Korean researchers combine human smell receptors with nanotechnology to create a new kind of 'bio-electronic nose' that they hope will help improve understanding of the human sense of smell. For the original article - go to Polypyrrole Nanotubes Conjugated with Human Olfactory Receptors...

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 - New 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.

Chirality & Bioactivity: Pharmacology - an article by John Leffingwell tracing the history & importance of chirality and bioactivity.

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.

Juice-Master 2004 - A major upgrade to the world's most used juice formulation software is now available.
  Olfaction - A Review

Menthol - A COOL Site:
  Menthol - Background & Organoleptic Properties
  Cool without Menthol & Cooler than Menthol
The Leffingwell Reports
  Odor and Flavor Detection Thresholds
  Search PubMed .... from our site
Phytochemical & Ethnobotanical Database Search... from our site 
  Lycopene - An Ultimate Phytochemical Nutraceutical?
  Carotenoid Precursors of Aroma Constituents
  Boronia - Aromas from Carotenoids
  Saffron - Aromas from Carotenoids
  Rose - Aromas from Carotenoids
  Osmanthus - Aromas from Carotenoids
  Tobacco - Aromas from Carotenoids
  Aldehydes - GRAS: Odor Properties and Molecular Visualization
  Alkenols: Odor Properties and Molecular Visualization
  Burnt Sugar Notes: Odor Properties and Molecular Visualization
  delta-Lactones - GRAS: Odor Properties and Molecular Visualization
  Esters - GRAS: Odor Properties and Molecular Visualization
  gamma-Lactones - GRAS: Odor Properties and Molecular Visualization
  Pyrazines - GRAS: Odor Properties and Molecular Visualization
  GC-MS analysis of hardwood smoke flavor.
  GC-MS analysis of Dark Fire-cured Tobacco
Download the Leffingwell Reports as Acrobat Reader (pdf) files
  VCF 2000 - Volatile Compounds in Food. VCF, the world authority on the occurrence of flavour chemicals, contains all data from the publication Volatile Compounds in Food, Qualitative and Quantitative Data, Seventh Edition (including all Supplements and revisions until Autumn 1999), by the TNO Nutrition and Food Research Institute in Zeist, The Netherlands. (Co-editor: M.H. Boelens, BACIS, Huizen, The Netherlands.)
The database provides answers to questions such as: What volatile compounds occur in a particular product? In what products does a particular volatile compound occur? What is the range of concentrations of a compound in a particular product? Can a compound be considered a natural constituent of a particular product? What publications (reviews) have appeared with respect to a particular product in recent years?
VCF 2000 contains: 
Chemical Identities and CAS/FEMA-GRAS/CE numbers (if known) of more than 7,100 Flavour Chemicals; 
The Qualitative and Quantitative Occurrence of these Flavour Chemicals in about 450 Food Products; 
More than 4,500 references (including reviews) related to these products; 
Email: leffingwell@mindspring.com
Copyright © 1999-2008 by Leffingwell & Associates

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 Frutarom 1st Qtr 2009 Sales - Sales in the 1st Qtr of 2009 were $98.4 million vs. $122.0 million (-19.3%) vs. 2008; this was a decrease of approximately 5.5% in local currency compared to the first quarter of 2008. In the first quarter of 2009, net profit was US$ 5.6 M (-42.3%) compared to US$ 9.7 M in 1st Qtr 2008.

Symrise 1st Qtr 2009 Sales - Holzminden, May 7, 2009 - First quarter 2009 sales increased by 2.6% from € 338.0 million to € 346.7 million (-0.3% in local currencies). Flavor & Nutrition generated sales of € 166.9 million. This corresponds to growth of 5.5% (3.1% at local currency). Scent & Care sales were € 179.8, the same as 1st Qtr 2008 (but -3.3% at local currency).

Takasago 2008-2009 Sales - May 14, 2009 - Sales for the full fiscal year ending March 31 were ¥123,973 million, down 0.2% from the prior year - but beating the latest projection of ¥122,000 million issued in February. Flavor sales for the year increased 2.5% while fragrance sales declined 3.4%. Aroma chemical & Fine chemicals (combined) declined 4%.

IFF 1st Qtr 2009 Sales - April 30, 2009 - Total sales were $560 million in the current year quarter compared to $597 million in the prior year period. The stronger U.S. dollar accounted for $27 million of the decline in sales. Flavor sales in local currencies were up 2 percent from the prior year period. The growth was driven by higher volumes and wins in North America as well as growth in Greater Asia. Fragrance sales were down 5 percent in local currencies. This decline reflects both a drop in consumption of Fine Fragrances and a significant inventory correction by their Fine Fragrance customers in EAME and North America.

Robertet 1st Qtr 2009 Sales - April 29, 2009 - first quarter 2009 turnover of 74.7 million euros was down from 76.8 million euros in 2008. Flavor sales increased from 28.7 million euros to 30.25 million euros. However, slight decines in both perfumery sales and raw material sales resulted in the overall decline

Sensient F&F 1st Qtr 2009 Sales - Apr. 20, 2009 - Sensient's Flavors & Fragrances Group reported revenue for the first quarter of 2009 of $184.5 million compared to first quarter 2008 revenue of $193.2 million. Group operating profit increased 4.0% to $30.0 million, a record level for the first quarter. Operating income for the comparable period in 2008 was $28.8 million. Unfavorable foreign currency comparisons reduced Flavors & Fragrances Group revenue and operating income by approximately 9% and 8%, respectively. On a local currency basis, quarterly revenue was up 4.2%, with solid growth in all major markets. Local currency operating income increased 12.0% as price increases offset higher raw material and energy costs. Group operating margins improved 130 basis points in the first quarter to 16.2%.

Givaudan - 1st Qtr 2009 Sales - Geneva, Switzerland – 3 April 2009 – In the first quarter 2009, Givaudan recorded sales of CHF 976.1 million, a decline of 2.6% in local currencies and 7.3% in Swiss francs. Excluding the impact of the divested flavours business in Saint Louis, sales declined by 2.1% in local currencies.Strong destocking throughout the supply chain, starting in the fourth quarter 2008, is the main driver of this decline.

Takasago CEO - March 25, 2009 - On March 24, 2009, Mr. Hiroki Take, President and Chief Executive Officer of Takasago International Corporation, died suddenly of heart failure. He was 65. At an extraordinary meeting of the Board of Directors held March 25th in Tokyo, Mr. Ritario Igaki was elected as the new President and Chief Executive Officer of Takasago International Corporation.

Frutarom 2008 Sales - Haifa, Israel – March 19, 2008 - Frutarom reported record sales of US$ 473.3 M for the year 2008 - a growth of 25% compared with 2007, excluding the effect of the strengthening of European currencies and the Shekel against the US dollar. Without excluding the aforementioned effect, sales increased by 28.5%. At the same time, Frutarom achieved an increase of 34.8% in the annual gross profit to US$ 176.3 M, an improvement of gross margin to 37.2% compared to 35.5% last year, a leap of 64% in operating profit which totaled US$ 56.6 M. During the 4th Qtr of 2008, Frutarom's sales totaled US$ 98.7 M, a decrease of 1% compared to the same quarter last year, excluding the effect of the weakening of the European currencies and the Shekel (in which most of Frutarom's sales are made) against the US dollar, at rates of up to 24%. Without excluding the aforementioned effect, sales decreased by 9%. The considerable trend of reducing inventory levels among Frutarom's customers worldwide in the last few months, also affected the decrease in sales during the fourth quarter.

Givaudan - sustainable supply of benzoin - Paris, France, 18 March 2009 – Givaudan has announced a partnership focusing on the sustainable supply of benzoin from Laos as part of its Innovative Naturals™ programme. The project involves economic and social initiatives and aims to ensure a sustainable supply of benzoin, a raw material used in Fine Fragrances and Consumer Products and extracted as gum or 'tears' from Styrax tonkinensis trees by villagers in northern Laos. It is the third project in the Innovative Naturals™ programme to be announced by Givaudan, joining those on the sustainable supplies of sandalwood oil in Australia and tonka beans in Venezuela.

Frutarom to buy Flavor Specialties Inc - March 4, 2009 - Frutarom Industries Ltd. announced that it has signed an agreement to acquire Flavors Specialties Inc. ("FSI") in consideration for a cash payment of $17.2 million. The acquisition agreement determines a future upwards or downwards earn-out mechanism, based on the average EBITDA generated by FSI during the 24 months ending December 31, 2010, multiplied by 5.5. In accordance with the earn-out mechanism, total consideration could increase up to a maximum of $27 million or decrease to $3.15 million. In 2007, FSI's sales totaled approximately $11.2 million. The acquisition will be financed through bank loans.

Symrise Full Year 2008 Sales Results - Holzminden, March 4, 2009 - Overall sales for 2008 increased to EUR 1,319.9 million (+6.5% in local currencies and +3.6% in euros). Scent & Care increased to EUR 671.8 million (+3% in local currencies and +0.1% in euros). Flavor & Nutrition increased to EUR 648.1 million (+10.5% in local currencies and +7.4% in euros). For the year, net income dipped -7% in euros and - 2% in local currencies to € 90.4 million. "The sales performance of Scent & Care in fiscal 2008 was mixed. While Life Essentials, Household, Aroma Molecules and Mint performed according to plan, the “luxury segments” Fine Fragrances and Personal Care had to contend with demand problems caused by the global economic situation. In 2008, Scent & Care generated sales of € 671.8 million. As a result, including the acquisitions Intercontinental Fragrances and Manheimer Fragrances, sales reached the previous year’s mark. At local exchange rates Scent & Care’s sales were up by 3%. Excluding Intercontinental Fragrances and Manheimer Fragrances, sales fell slightly by 0.7% to € 666.8 million (+ 2.2% on a local currency basis). Including Chr. Hansen Flavors, Flavor & Nutrition recorded sales of € 648.1 million in 2008, an increase of 7.4% (10.4% at local rates). Excluding Chr. Hansen Flavors, sales rose by 2.4% to € 617.5 million (5.0% on a local currency basis). After the acquisition in April, Chr. Hansen flavors posted sales of € 30.6 million."

Givaudan Full Year 2008 Sales Results - Geneva, 17 February 2009. In 2008, Givaudan group sales totaled CHF 4,087 million, an increase of 6.7% in local currencies and a decrease of 1.1% in Swiss francs compared to 2007. On a pro forma basis, excluding the impact of the ongoing portfolio streamlining, sales increased by 2.5% in local currencies. Including this effect, sales on pro forma basis increased by 1.0% in local currencies and decreased by 6.4% in Swiss francs. Fragrance Division sales were CHF 1,898 million, an increase of 7.9% in local currencies and a decrease of 0.1% in Swiss francs versus 2007. On a pro forma basis, and, excluding the impact of discontinued ingredients, sales grew by 1.7% in local currencies. Sales of the Flavour Division were CHF 2,189 million, an increase of 5.8% in local currencies and a decrease of 2.0% in Swiss francs compared to the previous year. On a pro forma basis, and, excluding the streamlining of commodity ingredients and the St. Louis divestment, sales increased by 3.1% in local currencies.

Takasago Year 2008/9 Sales Projections - Feb. 12, 2009 - Takasago has reduced its sales projections for the full fiscal year 2008/2009 ending March 31 to ¥122,000 million.

Robertet Sales for 2008 - Jan 20, 2009 - For the full year 2008, sales increased 25.7% to 303.17 Million Euros, reflecting the full year integration of the Charabot sales.

Mane 2008 Sales - Sales for the full year 2008 rose to 332.5 million Euros, an increase of 8.2% year over year (personal communication).

Frutarom completes acquisition of Oxford - Feb. 5, 2009 - Frutarom has finalized its acquisition of Oxford, which brings it one step closer to its goal of being a $1bn company by 2012.

IFF Full Year 2008 Sales Results - Feb. 5, 2009 - Full year 2008 reported sales totaled $2,389 million, up 5% from 2007; Flavor and Fragrance sales increased 9% and 2%, respectively. 2008 sales benefited from the weaker U.S. dollar for most of the year. At comparable exchange rates, sales would have increased 2% over the prior year. Net Income was $230 million versus $247 million in 2007. The change is mainly attributable to $32 million of higher interest expense in 2008, partially offset by higher volume and favorable currency impacts. 4th Qtr. Sales in local currency increased 2% versus the comparable period in 2007, whereas reported sales of $539 million were down 3% due to the strengthening U.S. dollar. 4th Qtr. flavor sales were up 3% in local currencies while reported sales worldwide declined 1%, reflecting the stronger U.S. dollar. Fragrance sales in local currency were flat versus the comparable period last year, while reported sales were down 4%.

 

 
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Firmenich's New Enantioselective Synthesis of (-)-beta-Santalol

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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

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