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FEMA Interim GRAS List 27 - November 27 2014 - FEMA has released the latest interim GRAS list which includes five new additions. Trans-6-octenal (FEMA 4787) is a known compound with a green melon character having an odor threshold in mineral oil of 0.015 ppm and a flavor threshold in mineral oil of 0.001 ppm. See Mans H. Boelens, Organoleptic Properties of Aliphatic Aldehydes, Perfumer & Flavorist, Vol, 12, October/November 1987, pp. 31-43...

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FEMA # 4798 is 2-(((3-(2,3-Dimethoxyphenyl)-1H -1,2,4-triazol-5-yl)thio)methyl)pyridine - a Senomyx compound which is an umami enhancer . See Catherine Tachdjian et al., Compounds comprising linked heteroaryl moieties and their use as novel umami flavor modifiers, tastants and taste enhancers for comestible compositions, United States Patent Application 20130071536, Published: 03/21/2013.

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FEMA # 4802 is (S)-1-(3-(((4-amino-2,2-dioxido-1H benzo[c][1,2,6]thiadiazin-5-yl)oxy)methyl)piperidin-1-yl)-3-methylbutan-1-one - a Senomyx compound which is a sweetness enhancer. See Catherine Tachdjian et al., Sweet flavor modifier, United States Patent Application 20140094453, Published: 04/03/2014.

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FEMA # 4809 is 2-(4-Methylphenoxy)-N -(1H -pyrazol-3-yl)-N -(thiophen-2-ylmethyl)acetamide - a Senomyx compound which is a cooling agent. See Chad Priest et al., Compounds useful as modulators of TRPM8, United States Patent Application 20130324557, Published: 12/05/2013. See also Torsten Kulke et al. (Symrise AG), Preparations, WIPO Patent Application WO/2014/090293, Published: 06/19/2014 for additional comments on the Senomyx work.

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FEMA # 4815 is Sandalwood austrocaledonicum oil (Santalum austrocaledonicum) [syn. New Caledonian sandalwood oil] which is closer in the santalol composition to East Indian sandalwood oil (Santalum album) than its Western Australian counterpart. See the CBI Factsheet for comparative santalols analysis. See Geographic and phenotypic variation in heartwood and essential-oil characters in natural populations of Santalum austrocaledonicum in Vanuatu and New Caledonian Sandalwood Oil - a Substitute for East Indian Sandalwood Oil? for more information.

Acquisition of Sigma-Aldrich by Merck KGaA, Darmstadt, Germany, Receives U.S. Antitrust Clearance - St. Louis, Dec. 23, 2014 - /PRNewswire/ -- Sigma-Aldrich Corporation announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act) in connection with the acquisition expired on December 22, 2014, thereby completing the U.S. HSR Act antitrust notification and review requirement for the acquisition of the Company by Merck KGaA, Darmstadt, Germany. U.S. antitrust clearance satisfies another condition to closing the transaction, which remains subject to certain other conditions, including regulatory approval in additional jurisdictions. Sigma-Aldrich shareholders already approved the acquisition at a special meeting held in St. Louis on December 5, 2014. Both companies continue to expect the transaction will close in mid-2015. On September 22, 2014, Merck KGaA, Darmstadt, Germany, and Sigma-Aldrich announced they had entered into a definitive agreement under which Merck KGaA, Darmstadt, Germany, will acquire Sigma-Aldrich for $17.0 billion (€13.1 billion), establishing one of the leading players in the $130 billion global life science industry.

Givaudan Continues to Secure and Protect Patchouli Oil Production at the Source - Paris, 15 November 2014 - Givaudan continues the deployment of strategic Initiatives to secure the long term availability and protection of quality natural ingredients used for perfumery. Givaudan announces the establishment of a collection network on the Indonesian island of Sulawesi in addition to the exclusive farming partnership agreement with GaiaOne Sdn Bhd and Gaya Naturals Sdn Bhd in Borneo. See the Givaudan videos on Patchouli sourcing at http://patchouli.givaudan.com/

Mane takes a Majority Stake in Kancor - Dec. 4, 2014 - Mane has taken a majority stake in Kancor, a long term supplier, Jean M Mane, President and CEO of V Mane Fils said while refusing to give any further details of the terms of the agreement. “I am pleased to be taking a majority stake in Kancor, a long-term supplier," said Jean Mane, president and CEO of Mane. "This is in line with our strategy of controlling the sourcing of our natural raw materials.” The two companies have entered into a joint venture partnership for developing various value added products. The partnership creates a unique high technology hub for high quality food and beverage ingredients globally with investments in technology, infrastructure, markets and new products.

Evolva to Acquire Allylix - Reinach, Switzerland and San Diego, California, USA, 18 November 2014 - Evolva Holding SA has agreed to acquire San Diego-based Allylix, Inc., a privately held yeast fermentation company with a focus on high-value ingredients, in an all-stock transaction. The acquisition will immediately expand Evolva’s product and IP portfolio and enhance the competitiveness of Evolva’s stevia products. Evolva will acquire Allylix in return for an overall consideration of 46 million newly-issued Evolva shares (c. 14.1% of Evolva post transaction). Cargill (Evolva’s partner on its stevia program) will invest USD 4 million in Evolva shares in support of the transaction. The transaction is expected to close by mid-December 2014.

Frutarom 9 Month 2014 Sales - Haifa, Israel – November 19, 2014 - Frutarom sales for the first nine months of 2014 increased 28.1% to U.S. $617.3 million. Net income for the 9 month period increased 39.6% to $67.9 million. Flavors and Specialty Fine Ingredients sales grew to $560.8 million (+21.4%).

T. Hasegawa Full Year 2013-2014 Sales Results - November 18, 2014 - for the 12 months ending September 30, 2014 T. Hasegawa's consolidated net sales were down -0.4% to ¥ 44,917 million compared to ¥ 45,104 in the prior year. Net income for the period declined 8.0% to ¥ 3,239 million.

Symrise 9 Month 2014 Sales - Holzminden, Germany - November 17, 2014 - Symrise 9 month 2014 group sales increased 9.2% in euros (and 13% in local currencies) to € 1530.0 million from € 1401.2 million in the 9 months of 2013. Reported sales include the results of Diana Group as of July 1st. Nine Month 2014 Flavor & Nutrition sales rose 19.3% to €793.2 million. Nine Month 2014 Scent & Care sales were essentially flat at €736.8 million.

Robertet 9 Months 2014 Sales - 14 November 2014 - Robertet has reported 9 month revenues of 294,235 euros (-1.3% from 2013). 3d Qtr sales were up 2.5% to 96,838 euros.

Takasago Half Year 2014-2015 Sales - November 11, 2014 - Takasago's half year sales for the period ending September 30, 2014 increased 0.1% to ¥ 66,305 million from ¥ 66,234 million in the prior year. In terms of profits, operating income was ¥ 2,711 million (down 38.2% year on year), and ordinary income was ¥ 3,220 million (-30.1% year on year). Net income came to ¥ 2,004 million (-8.0%).

IFF 9 Month 2014 Sales - New York - November 4, 2014 - Reported net sales for the first 9 months were up 4.7% to U.S. $2,332.4 million. Nine Month 2014 Flavor sales increased 1.9% to U.S. $1,100.7 million while Fragrance sales increased 7.3% to $1,231.7 million.

Sensient F&F 9 Months 2014 Sales - Milwaukee, October 23, 2014 - Sensient's Flavors & Fragrances Group reported 9 Months revenue of $645.1 million versus $667.5 million in the first nine months of 2013 (-3.4%). Third quarter revenue was $215.5 million compared to $225.0 million reported in last year’s third quarter (-4.2%).

Givaudan 9 Months 2014 Sales - Geneva, 10 October 2014 – In the first nine months of 2014 Givaudan recorded sales of CHF 3,313 million, an increase of 4.5% on a like-for-like basis and a decline of 0.2% in Swiss francs compared to the previous year. Fragrance Division sales were CHF 1,587 million for the first nine months of 2014, an increase of 4.8% on a like-for-like basis and 0.5% in Swiss francs. Sales from Soliance have contributed CHF 8 million since the acquisition on 2 June 2014. Flavour Division sales were CHF 1,726 million during the first nine months of 2014, an increase of 4.2% on a like-for-like basis and a decrease of 0.8% in Swiss francs.

Firmenich 2013-2014 Sales - Oct. 9, 2014 - For the financial year ended June 30, 2014, Firmenich posted sales of CHF 2,952 million, an increase of 2.1% in Swiss francs and 7% in local currencies. Perfumery posted robust sales growth in local currencies as the Body and Home Care segment grew across all key categories and Fine Fragrance delivered steady progression. For the second consecutive year, Flavors recorded solid sales growth, driven by strong performances in Sweet Goods and Savory and modest growth in Beverages. Ingredients sales were in positive territory this year in a context of continued market commoditization.

ADM Completes Acquisition of Wild Flavors - Chicago, Oct. 1, 2014 – Archer Daniels Midland Company (ADM) today announced that it has completed the acquisition of WILD Flavors GmbH. ADM will form a new business unit, WILD Flavors and Specialty Ingredients, which will include the WILD business as well as the following ADM product lines - Specialty proteins (including isolated soy proteins, textured vegetable protein, soy protein concentrates, and soy flour & grits), Emulsifiers, Edible beans, Natural health and nutrition (natural-source vitamin E, plant sterols, soy isoflavones and Omega-3 DHA), Soluble fiber, Polyols and Hydrocolloids. Greg Morris will be president of the WILD Flavors and Specialty Ingredients business unit. He most recently was ADM’s president, North American Oilseeds Processing. WILD North American Chief Operating Officer Vince Macciocchi has been named global president, WILD Flavors. Mike Ponder, WILD’s chief executive officer, recently announced his retirement and will join former majority owner Dr. Hans-Peter Wild on an advisory board for the business. The new business unit will be a reportable segment beginning Jan. 1, 2015.

Robertet 1st Half 2014 Sales - 18 September 2014 - Robertet has reported revenues of 197,397 euros (-3.0% from the 1st half of 2013). Group performance was in line with expectations with a turnover in local currencies of +1.9%.

Givaudan names Maurizio Volpi President of the Fragrance Division - Geneva, 5 September 2014 – Givaudan announced today the appointment of Maurizio Volpi as President of Fragrances replacing Michael Carlos, who will retire on 31 December 2014. Maurizio Volpi, currently Regional Head of Western and Eastern Europe (WEE) for the Consumer Products business, will work closely with Michael Carlos to ensure a smooth transition of activities until the end of the year. Michael Carlos will retire following a distinguished 30-year career with Givaudan.

Frutarom 1st Half 2014 Sales - Haifa, Israel – August 20, 2014 - First half 2014 Frutarom sales grew 26.7% and attained a half-year sales record of US$406.5 million. In the first half of the year net profit rose by 38.3% to reach a record level for a half-year period of US$43.8 million compared with US$31.6 million in the parallel period, with net margin this year adding up to 10.8% compared with 9.9% in the first half of last year. First half of 2014 Frutarom sales in the Flavors field increased by 23.4% compared with the first half of 2013 to reach US$290.9 million and constituted 71.5% of total sales. In Q2 2014, Frutarom sales grew by 29.3% to US$218.1 million. In pro-forma terms, the growth for the quarter reached 6.2%.

Firmenich Names Gilbert Ghostine as Chief Executive Officer to succeed Patrick Firmenich - August 19, 2014 - After more than 12 years at the head of the company, Patrick Firmenich, CEO, announced his desire to hand over his current position while taking on increased responsibilities at the Board level. Upon accepting his request, the Board of Firmenich has appointed Gilbert Ghostine as Chief Executive Officer to succeed Patrick Firmenich, effective October 1st 2014. Gilbert Ghostine was, most recently, President, Asia Pacific at Diageo, the world’s leading premium drinks company. Patrick Firmenich has been named Vice Chairman of Firmenich, effective October 2014. To ensure an orderly transition, Patrick Firmenich will assist Gilbert Ghostine through to the end of January 2015, while taking on his new role as Vice Chairman of the Board.

Monell Center Names Robert F. Margolskee as New President and Director - August 18, 2014 - The Board of Directors of the Monell Chemical Senses Center has named Robert F. Margolskee, MD, PhD as the Center’s next President and Director, effective October 1, 2014. Margolskee will be the Center’s third Director since its founding in 1968, succeeding Gary K. Beauchamp, PhD, who has led Monell since July 1990.

Takasago 1st Qtr 2014-2015 Sales - August 8, 2014 - Takasago 1st Qtr sales for the period April 1 to June 30, 2014 increased 2.0% to ¥ 33,433 million from the prior year period. Net income fell to ¥ 924 milion (-39.1%).

T. Hasegawa 9 Months 2013-2014 Sales Results - August 8, 2014 - for the 9 months ending June 30, 2014 T. Hasegawa's consolidated net sales were up 1.35% to ¥ 33,643 million compared to ¥ 33,194 in the prior year. Net income for the 3 Qtr period decreased 6.1% to ¥ 2,616 million from ¥ 2,785 million in the prior year.

Symrise 1st Half 2014 Sales - Holzminden, Germany - August 7, 2014 - Symrise 1st Half 2014 total sales increased 0.8% in euros (and 5.9% in local currencies) to € 941.8 million from € 934.7 million in the 1st Half 2013. The Scent & Care division grew to € 492.5 million from € 490.3 million in the previous year (+0.5% in euros, while in local currency, this corresponds to + 5.8 %). Flavor & Nutrition generated sales of € 449.3 million in the first half of 2014 (up from: € 444.4 million in 2013). This corresponds to an increase of 6.1 % in local currency and +1.1% in euros. Earnings before interest, taxes, depreciation and amortization without special items (EBITDAN) increased significantly by 9 % to € 209 million (H1 2013: € 191 million).

IFF 1st Half 2014 Sales - New York - August 5, 2014 - Reported net sales for the first half of 2014 totaled $1,558.638 million (+4.9%) vs 2013. 2nd Qtr sales increased 4.1% to $788.414 million. 1st Half fragance sales were $816.620 million (+8.2%). 2nd Qtr fragrance sales increased 7.6% to $412.901 million. 1st Half flavor sales were $742.018 million (+1.6%) while 2nd Qtr flavor sales were 375.513 million (+0.4%). Net income for the 1st Half of 2014 was $216.992 million (+12.4%).

Sensient F&F Half Year 2014 Sales - Milwaukee, July 24, 2014 - The Flavors & Fragrances Group reported half year revenue of $429.571 million, a decline of 2.9% while operating income increased 5.1% to $63.493 million. 2d Qtr sales declined 4.6% to $216.192 million as 2d Qtr operating income increased to $33.554 million (+4.9%).

Givaudan Half year 2014 Sales - Geneva, 17 July 2014 – Givaudan Group sales for the first six months of the year totalled CHF 2,191 million, an increase of 4.5% on a like-for-like basis and a decline of 1.5% in Swiss francs. Fragrance Division sales were CHF 1,034 million, an increase of 4.8% on a like-for-like basis and a decline of 1.2% in Swiss francs. Flavour Division sales were CHF 1,157 million, an increase of 4.3% on a like-for-like basis and a decline of 1.8% in Swiss francs. Net income for the first six months of 2014 was CHF 305 million compared to CHF 271 million in 2013, an increase of 12.6%. This results in a net profit margin of 13.9%, versus 12.2% in 2013.

ADM Acquisition of Wild Flavors - Decatur Ill., July 7, 2014 – Archer Daniels Midland Company (NYSE: ADM) today announced that it is acquiring Wild Flavors GmbH, giving ADM the ability to offer food and beverage companies a comprehensive suite of systems to enhance and improve their products. In an all-cash transaction valued at approximately €2.3 billion enterprise value, ADM will pay €2.2 billion to Wild Flavors shareholders Dr. Hans-Peter Wild and funds affiliated with Kohlberg Kravis Roberts & Co. L.P., and assume approximately €0.1 billion of net debt. The transaction is contingent on regulatory approvals and is expected to close by year end. Wild Flavors, with more than 3,000 customers worldwide and estimated 2014 net revenues of about €1 billion, offers food and beverage companies full flavor and ingredient solutions—known as flavor systems—and fruit juice concentrates and blends, as well as other food and beverage ingredients, including natural flavors and extracts, mint oils and flavors, colors from natural sources, sweetening systems, seasonings, specialty ingredients, taste modifiers, and fermentation technologies. “Together, ADM and Wild Flavors will create one of the leading flavor and specialty ingredient companies in the world, with sales approaching $2.5 billion and significant room to grow,” Woertz said. “Wild Flavors will be able to reach more customers with an expanded portfolio of innovative ingredients. And ADM, with our own sizeable specialty ingredient business, will have an enhanced platform for the commercialization of our higher-margin food and wellness ingredients. “Together, we will be uniquely positioned to offer a broad range of customers—from the largest CPG’s to fast-growing innovators—comprehensive systems-based solutions for food, beverage and personal care products. With our combined global networks, world-class research & innovation capabilities, Wild Flavors’ natural flavor systems, and ADM’s texture, nutrition and functional solutions, we will create an unmatched capability to respond to local consumer preferences and offer complete food solutions that taste great. “The addition of Wild Flavors balances and extends our value chain,” Woertz said. “It is consistent with our long-term strategy to diversify the crops we process and expand and diversify our product portfolio. It complements the ingredient, organic-growth investments we’ve recently made—including our Brazil protein complex and soluble-fiber expansion in China. And it is consistent with actions we’ve taken to dampen the volatility of our earnings mix and deliver on our commitment to profitable growth. The acquisition will meet our return objectives, with estimated cost and revenue synergies of €100 million by year three.” Dr. Hans-Peter Wild, chairman of Wild Flavors GmbH, said, “I am very pleased by ADM’s acquisition of Wild Flavors and the future business we will build together. Wild Flavor’s unique natural flavors strength and total systems approach will create a very strong and positive development platform within ADM for our customers as we continue to drive innovation in the food and beverage industry. With the strong financial resources, and expanded customer base, product offering and global footprint, I am confident Wild Flavors will be well-positioned for growth.” “We have tremendous respect for the culture and business that Dr. Wild has built,” Woertz said. “Given the strong brand Wild Flavors has with customers around the world, we intend to maintain the Wild Flavors name and grow the brand and the innovative, entrepreneurial culture that sustains it. We appreciate the difference in our business models, and will support continued success of the Wild Flavors model by establishing a new business unit called Wild Flavors and Specialty Ingredients. The new unit will include many of our specialty ingredients. We are also excited to work with the Wild Flavors team. With more than 400 scientists and applications specialists and a global sales force, they will bring exceptional expertise and new capabilities.” Johannes Huth, member and head of KKR Europe, Africa and Middle East operations, said: “Wild Flavors represented for KKR the opportunity to partner with an innovative family entrepreneur in developing a high-quality, R&D driven, Germany-based Mittelstand business. The partnership was tailored to the family ownership and the vision of Dr. Wild to develop Wild Flavors into a globally integrated producer of flavors and flavor systems. The substantial growth and global expansion of Wild Flavors over these past years helped make the company an attractive and valuable partner for an industry-leading global company like ADM.”

Givaudan Acquires Soliance - June 3, 2014 - Geneva, 3 June 2014 – Givaudan announced that it has acquired 100% of the shares of Soliance SA and its subsidiaries. Gilles Andrier, CEO of Givaudan, said: “Soliance represents Givaudan’s first acquisition since that of Quest. Its current portfolio of active cosmetic ingredients and strong process development and research capabilities fit well into the five strategic pillars of Givaudan.” Soliance currently has two sites in France, located in Pomacle and Ile Grande, and employs 96 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 will fund the transaction from existing resources.

Frutarom 1st Qtr 2014 Sales - Haifa, Israel – May 21, 2014 - Frutarom sales in Q1 2014 grew by 23.9% to reach US$188.5 million. Net profit rose 30.5% to reach US$18.3 million for the quarter. Flavor Activity sales for Q1 2014 increased by 21.3% reaching a first quarter record US$134.2 million, 71.2% of Frutarom’s total sales, compared with US$110.6 million in the same quarter last year. Currency fluctuations contributed 1.2% to growth. The acquisitions made during 2013 and at the beginning of 2014 contributed US$19 million to sales. Organic growth (net of the contribution from the acquisitions) in the Flavor Activity reached 4.2%.

Takasago Full Year 2013-2014 Sales - May 14, 2014 - Takasago sales increased 10.1% to ¥ 131,036 million from ¥ 118,973 in the prior year ending March 31. Net income decreased to ¥ 3,025 million from ¥ 4673 milllion.

T. Hasegawa Half Year 2013-2014 Sales Results - May 9, 2014 - for the 1st 6 months ending March 31, 2014, T. Hasegawa reported sales of ¥ 21,696 million compared to ¥ 21,079 million in the prior year period, an increase of 2.9%.

Symrise 1st Qtr 2014 Sales - Holzminden, Germany - May 6, 2014 - Symrise 1st Qtr 2014 total sales increased 2.6% in euros (and 7.9% in local currencies) to € 469.6 million from € 457.6 million in the 1st Qtr 2013. The Scent & Care division grew to € 254.6 million from € 245 million in the previous year (+3.9% in euros, while in local currency, this corresponds to + 9.3 %). Flavor & Nutrition generated sales of € 215 million in the first quarter of 2014 (up from: € 212.6 million in 2013). This corresponds to an increase of 6.2 % in local currency and +1.1% in euros.

IFF 1st Qtr 2014 Sales - New York - May 6, 2014 - Reported net sales for the first quarter totaled $770.2 million, an increase of 5.8% from $727.8 million in the first quarter of 2013. Excluding the impact of foreign currency, local currency sales increased 7%. Local currency sales growth was 7% in the emerging markets and 5% in the developed markets. Sales to the emerging markets accounted for 49% of total company sales. As expected, our January 15th acquisition of Aromor contributed approximately 1% of growth to the sales increase. Net income totaled $106.7 million compared with net income of $90.7 million in the prior year first quarter. The Fragrances Business Unit reported a net sales increased of 8.7% to $403.7 million in the first quarter of 2014 compared with $371.5 million in the first quarter of 2013. The Flavors Business Unit reported a net sales increased of 2.8% to $366.5 million, compared with $356.4 million in the first quarter of 2013. Excluding the impact of foreign currency, Flavors local currency sales growth was 5% this quarter.

Robertet 1st Qtr 2014 Sales - 29 April 2014 - Robertet has reported revenues for the first quarter 2014 of 98.482 million euros, a decline of 2.2%, while in constant currency it would be the same level as 2013. The Fragrance Division was essentially flat with sales of 35.802 million euros compared to 35.756 million euros in 2013. Flavor sales decreased 4.3% to 36.431 million euros and Raw material sales decreased 2.6% to 25.657 million euros.

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.

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 2012-2013.

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.

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.

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.

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.

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

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.

Symrise Full Year 2011 Sales - Holzminden, Germany - March 14, 2012 - In 2011 Symrise reported sales of €1,583.6 million (+0.7%) or +2 % in local currencies. Scent & Care reported sales of €801.4 million (-0.4%) or +1.0% in local currencies. Flavor & Nutrition saw sales increase by +1.9 % to €782.2 million (or +3.1% in local currencies).

Frutarom Full Year 2011 Sales - Haifa, Israel – March 14, 2012 - Frutarom's revenues in FY 2012 totaled US$ 518.4 million, a 14.9% increase in comparison to revenues of US$ 451.1 million in 2010.

Mane - 2011 Sales increase of 14.8% - February 16, 2012 - Mane achieved a consolidated turnover of USD 738 million in 2011, up 14.8% from USD 643 million in 2010 (personal communication).

Givaudan Full Year 2011 Sales - Geneva, 16 February 2012 – In 2011, Givaudan Group sales totalled CHF 3,915 million, an increase of 5.2% in local currencies and a decline of 7.6% in Swiss francs compared to 2010. Sales of the Fragrance Division were CHF 1,833 million, an increase of 4.7% in local currencies and a decline of 7.8% in Swiss francs. Sales of the Flavour Division were CHF 2,082 million, an increase of 5.7% in local currencies and a decline of 7.5% in Swiss francs compared to 2010.

Takasago 3 Qtr Year 2011-2012 Sales - Feb 15, 2012 - Takasago's sales for the first 3 Qtr's ending Dec. 31, 2011 decreased marginally to ¥87,870 million from ¥88,656 million in 2010.

IFF 4th Qtr & Full Year 2011 Sales - Feb. 9, 2012 - IFF full year 2011 sales were $2,788.0 million, a 6.3% increase over 2010. 4th Qtr. sales were $644,383 million (+2.3%). Net income for the full year increased 1.3% to $266.9 million. Operating profit decreased $25 million year-over-year to $28 million including an expense of $35 million associated with the patent litigation settlement and restructuring costs in the fourth quarter 2011. Excluding these items, operating profit increased 18 percent, or $10 million, to $63 million. Fragrance sales for the full year were $1,440.7 million (+1.5%) while 4th Qtr sales were $321.6 million (-3.0%). Flavor sales for the full year were $1,347.3 million (+12%) while 4th Qtr sales were $322.7 million (+8.2%).

Sensient F&F 2011 Sales - Milwaukee, Jan 7, 2012 - Revenue for the Flavors & Fragrances Group increased 6.4% to a record $860.7 million in 2011, compared to $809.1 million reported in 2010. Operating income for the year was $130.8 million, an increase of 7.3% over the $122.0 million reported last year. Foreign currency translation increased revenue and operating income by approximately 2% in 2011. The Flavors & Fragrances Group reported fourth quarter revenue of $206.3 million compared to the $206.1 million in the same quarter last year. Operating income for the quarter was $32.2 million, a 9.3% increase over the $29.4 million reported in the comparable period of 2010. However, as these figures include dehydrated products such as dehydrated vegetables that are about 28% of sales, we estimate that the sales of conventional flavors & fragrances in 2011 were about $619.7 million.

Robertet Full Year 2011 Sales - 20 January 2012 - Robertet has reported sales for 2011 of 373.282 million euros, an increase of 3.05% over 2010. Fragrance sales increased 4.26% to 136.194 million euros. Flavour sales declined 0.87% to 142.291 million euros and Ingredient sales increased 7.27% to 92.075 million euros.

T. Hasegawa 2010-2011 Sales Results - for the full year ending September 30, 2011 consolidated net sales were ¥44,246 million (-2.0% from 2010). Net income increased 9.7% to ¥3,115 million

Frutarom is Acquiring Control of ETOL - January 17, 2012 - Frutarom Industries Ltd.. has acquired 56% of the share capital of the Etol d.d. ("Etol"), a Slovenian public company. The acquisition was performed outside the Slovenian stock market in return for the amount of approximately (€19.6 million) (US$ 24.9 million). In the coming weeks, Frutarom intends to submit a takeover bid in the Slovenian stock market for the purchase of the remaining shares. If the bid is accepted in full, Frutarom will own all of Etol's share capital. ETOL'S Sales Turnover was US $68 Million for the 12 Months Ending on September 30, 2011. Frutarom bought British firm Savoury Flavours for $5.9 million earlier this month.

MANE agrees to settle it's Physcool® lawsuit against IFF for $40M - January 2, 2012 - International Flavors & Fragrances Inc. has settled all patent and non-patent claims brought by V. Mane Fils in the United States District Court for the District of New Jersey related to IFF’s marketing and sale of products containing Monomenthyl Succinate (MMS). MANE’s U.S. Patents Nos. 5,725,865 and 5,843,466 were issued in 1998 and cover the use of MMS as a cooling additive in food and beverage products. IFF acknowledges that MANE's patents are valid and enforceable, and will honor those patents. MANE holds foreign counterpart patents in many countries around the world and sells MMS under the name Physcool®. IFF previously sold MMS under the name Cooler 1 and sold flavor formulations containing Cooler 1. IFF also sold products under the name Cooler 2® or Monomenthyl Glutarate that contained levels of MMS. IFF sold products containing Cooler 1 and Cooler 2® as part of its larger promotional campaign called CoolTek. Under the settlement agreement, (1) IFF will pay MANE a royalty of $40 million; (2) IFF has ceased making or selling Cooler 1 products; and (3) IFF will ensure that the MMS content of its Cooler 2® products going forward is at a level that has been agreed to by both parties.

FEMA Interim GRAS List Update - January 1, 2012 - FEMA has released the latest interim GRAS list which now includes seven new additions. O-ethyl S-(1-methoxyhexan-3-yl) carbonothioate (FEMA #4730) is a new Givaudan compound. It is described as - Flavour description: sulfury, blackcurrant, tropical, roasted coffee. Odor description: mushroom, herbaceous, slightly cacao connation. It is particularly effective in imparting deep roasted coffee notes. FEMA #4732 is 1,5-Octadien-3-ol. This imparts earthy, mushroom-like, strong geranium leaf notes. FEMA #4735 is (4Z,7Z)�-Tridecadienal, a fatty flavor aldehyde, originally discovered at Lever Bros. as useful in fatty flavors. FEMA #4741 is N-(2,3-Dimethoxybenzyl)-N'-(2-(pyridin-2-yl)ethyl)oxalamide, a Senomyx compound for umami & savory enhancement. FEMA #4745 is 6-methoxy-2,6-dimethylheptanal, which is decescribed as having citrus, floral, fruity notes with a watery melon character. FEMA #4751 is (R)-N-(1-methoxy-4-methylpentan-2-yl)- 3,4-dimethylbenzamide, a Senomyx compound for umami & savory enhancement. FEMA #4753 is 1,3-Propanediol, produced by DuPont Tate & Lyle Bio Products, it is a certified natural product replacement for 1,2-propylene glycol.

60 Minutes gives a view of the Flavor industry - November 27, 2011 - Interesting how the media spins the subject and gets negative comments from the viewers.

T. Hasegawa 2010-2011 Half Year Sales - For the half fiscal year period ending March 31, 2011 Hasegawa reported net sales were ¥ 20,734 million, up 0.4% while net income increased 60.5% to ¥ 1,333 million. Full year sales and profitability are projected to fall 3.4% and 6.7% respectively reflecting the negative effects of the recent earthquake and tsunami.

Kerry Group in talks to acquire Cargill flavours - July 15, 2011 – Kerry Group has confirmed it is in exclusive talks to buy the flavours arm of US food giant Cargill, which “may, or may not result in the sale of the business.” The potential acquisition of Cargill’s flavours business would see Kerry increase its presence in developing markets such as Asia and South America, and could help the Irish ingredients group to expand its presence in the beverage market.

Firmenich - Grasse, France, July 11, 2011 – Firmenich is pleased to announce the official inauguration of its new Natural Ingredients Innovation Center in Grasse, France

Firmenich - Geneva, Switzerland, June, 27, 2011 – Firmenich is pleased to announce that Mr. Fred-Henri Firmenich, former Chairman of Firmenich, was awarded the Marcos E. J. Bertin Quality in Governance Medal by the International Academy of Quality at the World Conference on Quality held in Budapest on June 22, 2011. The Bertin Medal was presented to Mr. Firmenich “in recognition of his exceptional professional contributions to the practice and development of sound principles of good corporate governance”

Takasago Full Year 2010-2011 Sales - May 13, 2011 - Sales for the full fiscal year ending March 31, 2011 were ¥114,861 million, up 0.4% from the prior year.

IFF 1st Qtr 2011 Sales - May 10, 2011 - IFF reported first quarter 2011 revenue of $714 million, 9% higher than the prior year period. Revenue in local currency also increased 9%. Flavor sales were $338.6 million, up 12.8%. Fragrance sales were $375.7 million, up 6.2%.

Sensient F&F 1st Qtr 2011 Sales - Milwaukee, April 18, 2011 - The Flavors & Fragrances Group reported revenue of $206.7 million, a record for the first quarter and an increase of 8.4% compared to first quarter 2010 revenue of $190.7 million. Revenues were higher in both traditional flavors and dehydrated flavors due to strong volume gains. Group operating profit increased 6.5% to $29.0 million in the quarter, compared to $27.2 million in the first quarter of 2010. Favorable foreign currency translation increased Flavors & Fragrances Group revenue and operating income by approximately 1% and 2%, respectively.

Solvay to Buy Rhodia for $4.8 Billion - April 4, 2011 – The cash tender offer of 3.4 billion euros ($4.8 billion) represents a 50 percent premium on Rhodia’s closing price. Combined, Solvay and Rhodia will have annual revenue of $17.1 billion.

Givaudan 1st Qtr 2011 Sales - Geneva, 8 April 2011 – In the first quarter of 2011, Givaudan recorded sales of CHF 1012.3 million, which represents an increase of 3.1% in local currencies and a decline of 5.1% in Swiss francs, against strong comparables. The Fragrance Division recorded sales of CHF 467.4 million, a growth of 1.7% in local currencies and decline of 5.7% in Swiss francs. The Flavour Division reported sales of CHF 544.9 million, a growth of 4.2% in local currencies and a decline of 4.5% in Swiss francs.

A.M. Todd - New Cost Saving Peppermint Oil - Kalamazoo, MI - March 28, 2011 – announced the development of a new formulation that has led to a significant savings potential for its key clients. “North American Peppermint Oil Natural”, a 100% North American Peppermint oil with a 25-30% savings below current and forecasted mint market prices.

Frutarom Full Year 2010 Sales - Haifa, Israel – March 24, 2011 - Frutarom's revenues in FY 2010 totaled US$ 451.1 million, an 8% increase in comparison to revenues of US$ 425.2 million in 2009 in local currency terms. The strengthening of the US dollar against European currencies offset 1.9% of the increase in Frutarom's sales. In terms of US dollars, the sales increased by 6.1% compared to 2009. Frutarom's revenues in Q4 2010 totaled US$ 112.4 million, a 7.3% increase in local currency terms compared to Q4 2009. The strengthening of the dollar against European currencies offset 3.7% of the increase in Frutarom's sales. In terms of US dollars growth of 3.6% was achieved.

Takasago Half Year 2011-2012 Sales - November 12, 2011 - Takasago's half year sales decreased marginally to ¥59,932 million, down 1.0% from the prior year.

Symrise 9 Months 2011 Sales - Holzminden, Germany - November 9, 2011 - In the first nine months of 2011, Symrise posted sales of € 1,206.3 million versus € 1,207.7 million in the prior year period. For the same period, Flavor & Nutrition sales increased 1.8% to € 596.6 million while Scent & Care sales declined 1.9% to € 609.7 million.

IFF 9 Months 2011 Sales - New York, November 8, 2011 - IFF's 9 month 2011 sales increased 7.6% to $2,143.6 million. Flavor sales for the 9 month period increased 13.2% to $1,024.6 million while fragrance sales were up 2.9% to $1,119.0 million.

WILD Finalizes Acquisition of A.M. Todd Ingredients | Flavors - Zug, Switzerland, and Kalamazoo, MI, USA – November 2, 2011 - WILD Flavors GmbH (WILD) has completed the acquisition of certain assets of A.M. Todd Ingredients | Flavors (A.M. Todd), a global leader providing Natural Mint Oils and Flavors for over 142 years, based in Kalamazoo, Michigan. The A.M. Todd India PVT. Ltd’s location in Asia is in one of the main worldwide geographical areas for growing mint plants and will allow for increased procurement of mint varieties. A.M. Todd has sales that total greater than $100 million. Other financial terms of the transaction were not disclosed. In addition to purchasing A.M. Todd’s natural mint business, WILD is acquiring unique science and technologies for the development and production of organic flavors, natural ingredients and plant extracts, which will enhance WILD’s natural flavor, color, and ingredient offerings. “With the addition of A.M. Todd’s product portfolio, WILD will be able to combine the advantages of natural mint oils with its specialized technologies in Health Ingredients, Colors, Taste Modification and Flavors to provide innovative and natural solutions to existing and new customer groups,” commented Mr. Michael Ponder, Chief Executive Officer of WILD Flavors GmbH. According to WILD Flavors, Inc.’s Chief Operating Officer, Dr. Erik Donhowe, “The acquisition will provide both companies the availability of greater resources, increased creativity and broader product lines resulting in new natural ingredients and product concepts, to significantly increase our customers’ successes.”

Sensient F&F 3d Qtr 2011 Sales - Milwaukee, Oct 20, 2011 - Sensient's Flavors & Fragrances Group 3d quarter revenue increased 6.7% to $221.2 million, from $207.2 million in the third quarter of 2010. Operating income for the third quarter was $33.6 million, a 4.5% increase over the $32.2 million reported in last year's third quarter. Foreign currency translation increased revenue and operating income by approximately 3% and 2%, respectively. For the 9 months ending September 30, revenue for the F&F group increased 8.5% to $654.3 million while operating income increased 6.6% to $98.7 million.

Firmenich 2010-2011 Sales - Oct. 12, 2011 - For the financial year ended June 30, 2011, Firmenich posted sales of CHF 2,781.6 million, a decline of 3.9% in Swiss Francs but an increase of 5.8% in local currencies. Perfumery posted robust single-digit sales increases in local currencies. Flavor sales posted high single-digit local currency growth with increases across all segments. Ingredients sales posted a healthy single-digit sales increase in local currencies.

Givaudan 9 Month 2011 Sales - Geneva, 11 October 2011 – In the first nine months of 2011, Givaudan recorded sales of CHF 2,971 million, an increase of 4.7% in local currencies and a decline of 9.5% in Swiss francs compared to the previous year. Fragrance Division - In the first nine months of 2011, the Fragrance Division recorded sales of CHF 1,395 million, a growth of 4.4% in local currencies and a decline of 9.4% in Swiss francs. Flavour Division - In the first nine months of 2011, the Flavour Division recorded sales of CHF 1,576 million, an increase of 5.0% in local currencies and a decline of 9.6% in Swiss francs.

WILD Reaches Agreement for Acquisition of A.M. Todd Ingredients/Flavors - September 12, 2011 - Zug, Switzerland, and Kalamazoo, MI, USA - WILD Flavors GmbH today announced the acquisition of certain assets of the A.M. Todd Group, Inc., a leading provider of mint flavors and ingredients based in Kalamazoo, Michigan. A.M. Todd is globally-recognized as the leader for natural mint flavors and value-added mint ingredients. The company also has unique technologies surrounding organic flavors and ingredients. With the addition of A.M. Todd’s product portfolio, WILD will be able to facilitate enhanced growth for its customer base with new business lines while also allowing for expansion into new markets and channels.

FEMA Interim GRAS List - September 5, 2011 - FEMA has released the latest interim GRAS list which includes four new additions. O-ethyl S-(1-methoxyhexan-3-yl) carbonothioate (FEMA #4730) is a new Givaudan compound. It is described as - Flavour description: sulfury, blackcurrant, tropical, roasted coffee. Odor description: mushroom, herbaceous, slightly cacao connation. It is particularly effective in imparting deep roasted coffee notes. FEMA #4732 is 1,5-Octadien-3-ol. This imparts earthy, mushroom-like, strong geranium leaf notes. FEMA #4735 is (4Z,7Z)�-Tridecadienal, a fatty flavor aldehyde, originally discovered at Lever Bros. as useful in fatty flavors. FEMA #4741 is N-(2,3-Dimethoxybenzyl)-N'-(2-(pyridin-2-yl)ethyl)oxalamide, a Senomyx compound for umami & savory enhancement.

Sensient Technologies - August 15, 2011 - Sensient Technologies Corp. has extended the employment contract for Chairman and Chief Executive Officer Kenneth Manning through December 2013. Manning's existing contract had called for him to serve in those roles until Jan. 1, 2013. The contract also calls for Manning to serve as chairman through December 2015. In addition, Manning will take on the titles of president and chief operating officer. Douglas S. Pepper, who had held those positions since July 2010. Pepper has been offered another position with the company.

Takasago 1st Qtr. 2011-2012 Sales - August 12, 2011 - Takasago's 1st Qtr sales increased marginally to ¥29,694 million, up 0.7% from the prior year.

Symrise Half Year 2011 Sales - Holzminden, Germany - August 11, 2011 - In the first six months of 2011 Symrise posted revenues of € 811.8 million (+1.8%), or +2.6% in local currencies. The Scent & Care division generated sales of €409.5 million vs €411.9 million (-0.6%) (or +0.3% in local currencies) for the 1st half of 2011. Flavor & Nutrition generated 1st half sales of €402.3 million (+4.3%) and +5.1% in local currencies.

IFF Half Year 2011 Sales - New York, August 9, 2011 - IFF's half year 2011 sales increased 8.3% to $1,429.9 million. 1st half Fragrance sales increased 4.3% to $745.9 million while Favor sales increased 13.1% to $684 million. 2d Qtr. net sales increased 7.5% to $715.6 million. 2d Qtr. Fragrance sales increased 2.4% while 2d Qtr. Flavor sales increased 13.5% to $345.4 million.

Givaudan 1st Half 2011 Sales - Geneva, 4 August 2011 – Group sales for the first six months of the year totalled CHF 2,005 million, an increase of 4.3% in local currencies3 and a decline of 8.8% in Swiss francs compared to the previous year. Fragrance Division sales were CHF 927 million, an increase of 3.9% in local currencies and a decline of 8.8% in Swiss francs versus the same period in 2010. Flavour Division sales were CHF 1,078 million, an increase of 4.7% in local currencies and a decline of 8.8% in Swiss francs compared to the previous year. Operating income declined to CHF 215 million from CHF 330 million last year. On a comparable basis, excluding CHF 16 million of restructuring costs, the operating income declined to CHF 231 million in 2011 from CHF 377 million for the same period in 2010. When measured in local currency terms, the operating income on a comparable basis declined by 28.9%. The operating margin on a comparable basis declined to 11.5% in 2011 from 17.1% reported for the same period in 2010.

  Symrise Full Year 2010 Sales - Holzminden, March 9, 2011 - Symrise increased sales in 2010 by 15.4 % to € 1.571.9 million (+11% in local currency) and exceeded its target to achieve sales growth of at least 8 %. Scent & Care sales increased 17.9% to € 804.5 million while Flavor & Nutrition sales increased 12.9% to € 804.5 million.

Mane - 2010 Sales increase of 27.6% - February 15, 2011 - Mane achieved a consolidated turnover of 480.1 million euros in 2010, up 26.7% from 376.2 million euros in 2009 (personal communication).

IFF 4th Qtr & Full Year 2010 Sales - Feb. 10, 2011 - IFF full year 2010 sales were $2,622.9 million, an increase of ~13% in reported sales as well as local currencies. For the 4th Qtr 2010, sales were $629.9 million, an increase of 7.6%. Fragrance sales for the full year were $1,419.6 million (+14.0%) while 4th Qtr sales were $331.6 million (+5.1%). Flavor sales for the full year were $1,203.3 million (+11.3%) while 4th Qtr sales were $298.2 million (+10.4%). Net income for the full year increased 34.8% to $263.6 million.

Givaudan Full Year 2010 Sales - Geneva, 8 February 2011 – In 2010, Givaudan Group sales totalled CHF 4,239 million, an increase of 8.9% in local currencies and 7.1% in Swiss francs compared to the previous year. Sales of the Fragrance Division were CHF 1,988 million, an increase of 10.5% in local currencies and 9.0% in Swiss francs. Sales of the Flavour Division were CHF 2,251 million, an increase of 7.5% in local currencies and 5.4% in Swiss francs compared to the previous year.

Sensient F&F 2010 Sales - Milwaukee, Feb 04, 2011 - The Flavors & Fragrances Group reported full year 2010 sales of $809.1 million, an increase of 4.7% vs. 2009. Operating income for the same period declined 2.0%. For the 4th Qtr, F&F sales were $206.1 million, up 5.2% while operating income declined 0.5%. As these figures include dehydrated products such as dehydrated vegetables that are about 28% of sales, we estimate that the sales of conventional flavors & fragrances in 2010 were about $582.6 million.

FEMA GRAS List 25 - January 25, 2011 - This list of substances will appear in the 25th publication 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.

Robertet Full Year 2010 Sales - 17 January 2011 - Robertet has reported sales for 2010 of 362.25 million euros, an increase of 18.7% over 2009. Fragrance sales increased 15.7% to 130.6 million euros. Flavour sales increased 17.3% to 143.5 million euros and Ingredient sales increased 26.1% to 85.8 million euros.

Pinova Acquires LyondellBasell Flavors & Fragrances - December 23, 2010 - BRUNSWICK, GA and JACKSONVILLE, - Pinova Holdings, Inc. ("Pinova Holdings"), the parent company of Pinova, Inc. ("Pinova"), today announced that it has acquired LyondellBasell Flavors & Fragrances, LLC ("LBFF") from LyondellBasell. LBFF is now renamed Renessenz. Renessenz will continue to be led by its current management team. LBFF has more than 400 customers in 48 countries and is one of the world's largest producers of terpene flavor and fragrance ingredients derived from natural and renewable raw materials. Pinova is a leading global supplier of wood and gum rosin and polyterpene resin specialty chemicals derived from natural and renewable raw materials. Together, the combined companies will have sales of more than US$250 million and about 450 employees. "We are very pleased to welcome LBFF into the Pinova family," said David Bookbinder, Executive Chairman of Pinova Holdings. "This is an excellent business with a long history of successful innovation, industry leading customers, a broad array of products, and experienced and dedicated employees. We plan to invest in LBFF and its people, just as we have done with Pinova, with the aim of generating growth by delighting our customers through innovation and outstanding service. We believe that LBFF is a great strategic fit including a similar natural and renewable raw material platform. Pinova Holdings is a portfolio company of TorQuest Partners, a leading Canadian private equity firm.

T. Hasegawa 2009-2010 Sales Results - December 13, 2010 - for the full year ending September 30, 2010 consolidated net sales were ¥ 45,167 million, up 4.4%. For the same period, net income increased 58.5% to ¥ 2,840 million.

Takasago Half Year 2010-2011 Sales - November 22, 2010 - Sales for the half fiscal year ending September 30, 2010 were ¥ 60,547 million, up 2.9% from the prior year while net income increased 85.1% to ¥ 3,325 million.

Frutarom 3d Qtr 2010 Sales - Haifa, Israel – November 16, 2010 - Frutarom's revenues in the first 9 months of the year totaled US$ 338.7 M, an increase of ~ 8.2% in local currency terms compared to the first nine months of 2009 which totaled US$ 316.7. In US$ terms, Frutarom's sales increased by ~ 6.9% compared to the first nine months of 2009. Frutarom's revenues in 3d Qtr 2010 totaled US$ 111.0 M, an increase of 4.8% vs 2009. The weakening of the Euro and the Pound Sterling against the US$, which was slightly offset by the strengthening of the Swiss Franc and the NIS against the US$, resulted in a 0.6% decrease in sales in US$ terms compared to 3d Qtr 2009.

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.

Amyris Enters Into Collaboration and Joint Development Agreement with Firmenich - November 10, 2010 - Amyris, Inc. announced today that it has entered into a collaboration and joint development agreement with Firmenich. This is the first agreement for Amyris in the fragrance and flavor industry and provides an opportunity to add higher-value ingredients to their expanding product portfolio. Under the agreement, Firmenich will fund technical development at Amyris to produce a sustainable, cost-effective and reliable source of a key ingredient for the fragrance and flavor market. Under the agreement, Amyris will manufacture and supply product to Firmenich, Firmenich will market and distribute the product, and the parties will share in the economic value derived. The agreement between the parties also grants worldwide exclusive commercialization rights in fragrance and flavor to Firmenich for the ingredient, which will be manufactured by Amyris. In addition, Firmenich has an option to collaborate with Amyris to develop a second ingredient.

Symrise 9 Month 2010 Sales - Holzminden, November 9, 2010 - In the first three quarters of 2010 Symrise increased Group sales by 16.4 % (12.4 % at local currency) from €1,037.5 million to €1,207.7 million. The Group enjoyed strong demand in established as well as in emerging markets, with th latter being 46 % of sales. Scent & Care sales rose 19.9 % to €621.8 million while Flavor & Nutrition rose 12.9% to €586.0 million.

IFF 3d Qtr 2010 Sales - New York, 4 November 2010 - IFF reported 3d Qtr 2010 revenue of $673.3 million, 9.9 % higher than the prior year quarter. For the 9 months, sales increased 14.5% to $1,993 million. Flavor sales increased 9.1% in the 3d Qtr to $300.5 million and for the 9 months were up 11.6% to $905 million. Fragrance sales were up 10.5% in the 3d Qtr to $337.2 million and for the 9 months increased 17.1% to $1,088 million.

Sensient F&F 3d Qtr 2010 Sales - Milwaukee, October 27, 2010 - The Flavors & Fragrances Group reported 3d Qtr sales of $207.2 million, an increase of 6.4% vs. 2009. For the 9 monrth period F&F sales were $603 million, up 4.5%.

Firmenich 2009-2010 Sales - Oct. 13, 2010 - For the financial year ended June 30, 2010, Firmenich posted record sales of CHF 2873 million, an increase of 12.1% in local currencies and 8.7% in Swiss Francs, regaining its position as growth leader in the fragrance and flavor industry. This performance was driven by double-digit growth in Perfumery and Flavor segments, with a particularly strong rebound in Fine Fragrance during the second half of the year. The perfume and flavor ingredients business followed the trend, recording a healthy high single-digit growth performance.
Leffingwell estimates that Firmenich increased market share by about 1.7% in the period.

Givaudan 3d Qtr 2010 Sales - Geneva, 8 October 2010 – In the first 9 months of 2010, Givaudan recorded sales of CHF 3,283 million, an increase of 9.8% in local currencies and 8.5% in Swiss francs with both divisions contributing to this good result. In the first 9 months of 2010, the Fragrance Division recorded sales of CHF 1,539 million, a growth of 12.0% in local currencies and 10.9% in Swiss francs. In the 3d Qtr, Fragance division sales increased 12% in local currencies and 10.9% in Swiss francs. In the first nine months of 2010, the Flavour Division recorded sales of CHF 1,744 million, an increase of 7.9% in local currencies and 6.5% in Swiss francs. In the 3d Qtr, Flavour division sales increased 7.5% in local currencies and 3.8% in Swiss francs.

Symrise Half Year 2010 Sales - Holzminden, August 10, 2010 - Group sales were up 16.4 % to to €797.5 million with 46 % of sales generated in emerging markets - Scent & Care sales rise 20 % while Flavor & Nutrition rose 12.8%.

Givaudan Half Year 2010 Sales - Geneva, 5 August 2010 - Group sales for the first six months of the year totalled CHF 2,199 million, an increase of 10.5% in local currencies and 10.2% in Swiss francs compared to the previous year. Fragrance Division sales were CHF 1,017 million, an increase of 13.3% in local currencies and 13.1% in Swiss francs versus the same period in 2009. Flavour Division sales were CHF 1,182 million, an increase of 8.1% in local currencies and 7.8% in Swiss francs compared to the previous year. Operating income increased to CHF 330 million from CHF 245 million last year. On a comparable basis, excluding CHF 47 million of integration costs and impairments, the operating income increased to CHF 377 million in 2010 from CHF 282 million for the same period in 2009.

IFF Half Year 2010 Sales - New York, 5 August 2010 - IFF reported second quarter 2010 revenue of $666 million, 17 % higher than the prior year quarter. For the Half year, sales also increased 17% to $1,319.7 million. Flavor sales increased 12.8% in the 2d Qtr to $304.3 million and for the half year were also up 12.8% to $604.5 million. Fragrance sales were up 21.1% in the 2d Qtr to $361.5 million and for the half year increased 20.8% to $715.2 million.

Mane’s Monomenthyl Succinate Patents Affirmed - LE BAR-SUR-LOUP, FRANCE, August 4, 2010 – Mane is pleased to announce that the U.S. Patent Office has recently confirmed the validity of all claims of its U.S. Patents Nos. 5,725,865 and 5,843,466 which cover the use of Monomenthyl Succinate (MMS) as a cooling additive in food and beverage products. This confirmation rejects a petition for reexamination filed by International Flavors and Fragrances, Inc.

Mans Boelens Passes - It is with great sadness that we report Mans Boelens passed away on July 22, 2010. He was 79. He will be missed by all in the F&F industry. A pioneer in many areas - GC-MS, synthesis, structure-odor relationships, Chirality & odour as well as a foremost expert in essential oils. For those of us at Leffingwell & Associates, he was a partner and collaborator that developed the ESO, VCF, FRM, PMP and PFC databases that are so widely used in our industry. But most of all we will miss a very good friend.

Sensient F&F 2d Qtr 2010 Sales - Milwaukee, July 23, 2010 - The Flavors & Fragrances Group reported 2 Qtr sales of $205.0 million, an increase of 3.8% vs. 2009. For the first half of 2010 F&F sales were $ 395.7 million, also up 3.8%.

Robertet 2d Qtr 2010 Sales - 20 July 2010 - Robertet has announced that its Q2 2010 turnover increased by 30.1%, to 98.9 million euro. For the half year 2010, sales were up 21.8% to 183.6 million euros. For the half year "natural" raw materials were up 31.9%, fragrance was up 21.4% and flavor up 16.8%.

Firmenich - New Head of Perfumery - June 30, 2010 - Firmenich has appointed Armand de Villoutreys President Perfumery Division and a member of its Executive Committee, effective July 1, 2010. He succeeds Michel Bongi, who retires after 39 years with the company, eight of which as Head of Perfumery on the Group’s executive team.

Redpoint Bio and IFF sign deal - June 30, 2010 - IFF has been granted a 5 year exclusivity period to commercialize Redpoint's natural sweetness enhancer RP44 (Rebaudioside C).

Symrise to double L-menthol production - Holzminden, June 10, 2010 - The company plans to double its existing capacity by the middle of 2012.

BASF adds L-menthol to product range - June 2, 2010 - BASF is constructing a new production plant for the aroma chemical L-menthol at the company's Ludwigshafen site. The new plant is expected to come on stream in 2012. L-Menthol is another important addition to BASF's citral value chain.

BASF Menthol Process - June 1, 2010 - a mini-review of recent developments

World Perfumery Congress - June 1 - June 4, 2010 in Cannes, France - BASF to introduce Lysmeral^® Extra (Improved lily-of-the-valley scent), Pyranol - a mild, harmonious floralcy resembling muguet (lily of the valley) and Prenyl acetate.

Takasago Full Year 2009-2010 Sales - May 14, 2010 - Sales for the full fiscal year ending March 31, 2010 were ¥114,347 million, down 7.8% from the prior year.

A.M. Todd Organization Changes - Kalamazoo, MI - May 12, 2010 - Henry Todd, Sr. has decided to retire after serving for more than 10 years as Chairman & CEO of the A.M. Todd Group. Mr. Todd spent his entire 41 year career at the company, including his role as President of Zink & Triest from 1993 through 2002. He will remain on the Board of Directors. Succeeding Mr. Todd in the role of President & CEO is Raymond J. Hughes. Prior to joining A.M. Todd as President of the Ingredients„ Flavors Division in 2006, Mr. Hughes spent more than 25 years in the flavor and fragrance industry, leading the North American Flavor Division at Symrise as President following the Dragoco/ H&R merger in 2002. Before that he was President & CEO of Dragoco North America. Mr. Hughes is currently the President of the Flavor and Extract Manufacturers Association of the United States as well as a Board member of the International Organization of Flavor Industries based in Brussels Belgium.

IFF 1st Qtr 2010 - May 6, 2010 - International Flavors & Fragrances Inc. has reported 1st Qtr 2010 revenue of $653.9 million, 16.8% higher than the prior year quarter. Total revenue in local currency increased 13 percent. Flavor sales increased 12.8% (+8% in local currency) to $300.2 million. Fragrance sales increased 20.1% (+18% in local currency) to $353.7 million.

Symrise 1st Qtr 2010 - May 4, 2010 - Symrise significantly increased sales and earnings in the first quarter of 2010. In an improving market environment the company saw sales al local currency grow 13.2 %, or 12.8 % (to € 392.5 million) at actual rates. Scent & Care posted sales of € 204.8 million (13.9 %) & 14.1 % in local currency. Flavor & Nutrition saw sales rise 12 % (12 % at local currency) to € 186.2 million.

Senomyx 1st Qtr 2010 Highlights - April 29, 2010 - “The beginning of 2010 has been very eventful for Senomyx,” stated Kent Snyder, CEO of the Company. “We strengthened our balance sheet through our February financing and the receipt of nearly $10 million in milestone and license fee payments from collaborators. In addition, for the first time in Senomyx’s history, three of our collaborators, Nestlé SA, Ajinomoto Co., Inc., and Firmenich SA, are conducting new market introductions of products that contain Senomyx flavor ingredients. Revenues were $7.7 million for the first quarter of 2010, compared to $3.5 million for the first quarter of 2009, an increase of 120%. The increase was primarily due to the recognition of $4.7 million in license fee, milestone, cost reimbursement and R&D funding revenue related to the Company’s August 2009 Sweet Enhancer collaboration with Firmenich. First quarter 2010 revenues include a total of $2.4 million in non-recurring milestone payments and cost reimbursements from collaborators.

Sensient F&F 1st Qtr 2010 Sales - Millwaukee, April 19, 2010 - The Flavors & Fragrances Group reported 1st Qtr sales of $190.7 million, an increase of 3.3% compared to 1st Qtr 2009 revenue of $184.5 million. Revenue and operating profit, as reported, were up in the traditional flavor product lines, but this growth was offset by lower revenue and profits from the dehydrated flavors product lines. Revenue and profits from dehydrated flavors were down as a result of price adjustments in advance of lower raw material costs. Group operating profit was $27.2 million, compared to $30.0 million in the comparable period in 2009. Favorable foreign currency translation increased Flavors & Fragrances Group revenue and operating income by approximately 5% and 4%, respectively.

CPL Aromas - April 19, 2010 - CPL Aromas has relauched its website with highlights of perfumer inspirations and the company's new EcoBoost and Aromaguard technologies..

Givaudan 1st Qtr 2010 Sales - Geneva, Switzerland – 9 April 2010 – In the first quarter 2010, Givaudan recorded sales of CHF 1,066.4 million, a strong increase of 10.6% in local currencies and 9.2% in Swiss francs. Both Fragrances and Flavours, contributed to the strong result. The Fragrance Division recorded sales of CHF 495.7 million, a growth of 14.3% in local currencies and 13.1% in Swiss francs. Fine Fragrance sales grew by 26.9% in local currencies. The Consumer Products business unit grew by 10.5% in local currencies. Sales for Fragrance Ingredients grew 18.0% versus the 1st Qtr of 2009. The Flavour Division reported sales of CHF 570.7 million, representing a growth of 7.6% in local currencies and 6.1% in Swiss francs.

Frutarom 4th Qtr & Full Year 2009 Sales - Haifa, Israel – March 16, 2010 - Frutarom's full year sales fell 10.2% (in US $) vs. 2008, totaling $425.2 million. 4th Qtr sales increased 9.9% to $108.5 million.

Symrise Full Year 2009 Sales - Holzminden, March 3, 2010 - In 2009, Symrise had a 3.2 % increase in Group sales from € 1,319.9 mil-lion to € 1,362.0 million. Sales at local currency rose by 2.7 %. The Flavor & Nutrition division increased revenues from € 648.1 million to € 679.7 million in the 2009. The Scent & Care division benefited from an increase in business during the second half of the year. Sales for the division rose by 1.6 % to € 682.3 million (previous year: € 671.8 million).

Molecular mechanism of the sweet taste enhancers - Insight on Senomyx's Sucralose & Sucrose enhancers. Includes 4-Amino-5,6-dimethylthieno[2,3-d]pyrimidin-2(1H)-one (FEMA# 4669, which appears on the Interim FEMA list of substances that will appear in the 25th GRAS List) FEMA# 4669 is included in Synomyx's United States Patent Application 20080306093. A related sweetness enhancer (3-[(4-Amino-2,2-dioxido-1H-2,1,3-benzothiadiazin-5-yl)oxy]-2,2-dimethyl-N-propylpropanamide) assigned FEMA# 4701 is included in Synomyx's WIPO Patent Application WO/2008/154221.

Givaudan 4th Qtr & Full Year 2009 Sales - Geneva - Feb. 16, 2010 - In 2009, Givaudan group sales totalled CHF 3,959 million, an increase of 1.4% in local currencies and a decrease of 3.1% in Swiss francs compared to 2008. On a comparable basis (in local currencies and excluding the impact of divestments), sales increased by 1.6% versus 2008. The Fragrance Division recorded full year sales of CHF 1,824 million, an increase of 0.9% in local currencies and a decrease of 3.9% in Swiss Francs. After a challenging first quarter, business momentum recovered, improving consistently during the three consecutive quarters. The Division achieved sales growth of 5.3% in local currencies during the 4th Qtr 2009. The Flavour Division reported full year sales of CHF 2,135 million, representing a growth of 1.9 % in local currencies and a decline of 2.5 % in Swiss francs. Excluding the effects of the divested business, sales performance in local currencies increased 2.2%. During the fourth quarter of this year, the Division achieved sales growth of 4.3% in local currencies.

Robertet 2009 Sales - Feb. 15, 2010 - Robertet has announced that its 2009 turnover increased by 0.6% to 305.1 million euro. The company's flavor division (accounting for about 40% of the company's total turnover), reported a 5.3% growth to 122.3 million euro.

Takasago 3 Qtrs 2009-2010 Sales Results - Feb. 12, 2010 - For the 3 Qtrs period, April 1, 2009 - December 31, 2009, sales declined 9.5% to ¥ 87,576,000. The company projects a Consolidated Financial Sales Forecast for the fiscal year (April 1, 2009 - March 31, 2010) of ¥ 117,000,000, a decline year over year of 5.6%.

IFF 4th Qtr & Full Year 2009 Sales - Feb. 09, 2010 - IFF full year 2009 sales decreased 2.6% to $2,326.2 million vs 2008. 4th Qtr sales increased 8.6% to $585.6 million. Flavor sales for the full year were down 1% to $1,081.5 million while flavor sales in the 4th Qtr increased 7.8% to $270.2 million. For the full year 2009 Fragrances were down 4% to 1,244.7 million while 4th Qtr sales increased 9.4% to $315.4 million.

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. As these figures include dehydrated products such as dehydrated vegetables that are about 29% of sales, we estimate that the sales of conventional flavors & fragrances in 2009 were about $548.7 million.

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.

Symrise Full Year 2010 Sales - Holzminden, March 9, 2011 - Symrise increased sales in 2010 by 15.4 % to € 1.571.9 million (+11% in local currency) and exceeded its target to achieve sales growth of at least 8 %. Scent & Care sales increased 17.9% to € 804.5 million while Flavor & Nutrition sales increased 12.9% to € 804.5 million.

Mane - 2010 Sales increase of 27.6% - February 15, 2011 - Mane achieved a consolidated turnover of 480.1 million euros in 2010, up 26.7% from 376.2 million euros in 2009 (personal communication).

IFF 4th Qtr & Full Year 2011 Sales - Feb. 10, 2011 - IFF full year 2010 sales were $2,622.9 million, an increase of ~13% in reported sales as well as local currencies. For the 4th Qtr 2010, sales were $629.9 million, an increase of 7.6%. Fragrance sales for the full year were $1,419.6 million (+14.0%) while 4th Qtr sales were $331.6 million (+5.1%). Flavor sales for the full year were $1,203.3 million (+11.3%) while 4th Qtr sales were $298.2 million (+10.4%). Net income for the full year increased 34.8% to $263.6 million.

Givaudan Full Year 2010 Sales - Geneva, 8 February 2011 – In 2010, Givaudan Group sales totalled CHF 4,239 million, an increase of 8.9% in local currencies and 7.1% in Swiss francs compared to the previous year. Sales of the Fragrance Division were CHF 1,988 million, an increase of 10.5% in local currencies and 9.0% in Swiss francs. Sales of the Flavour Division were CHF 2,251 million, an increase of 7.5% in local currencies and 5.4% in Swiss francs compared to the previous year.

Sensient F&F 2010 Sales - Milwaukee, Feb 04, 2011 - The Flavors & Fragrances Group reported full year 2010 sales of $809.1 million, an increase of 4.7% vs. 2009. Operating income for the same period declined 2.0%. For the 4th Qtr, F&F sales were $206.1 million, up 5.2% while operating income declined 0.5%. As these figures include dehydrated products such as dehydrated vegetables that are about 28% of sales, we estimate that the sales of conventional flavors & fragrances in 2010 were about $582.6 million.

FEMA GRAS List 25 - January 25, 2011 - This list of substances will appear in the 25th publication 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.

Robertet Full Year 2010 Sales - 17 January 2011 - Robertet has reported sales for 2010 of 362.25 million euros, an increase of 18.7% over 2009. Fragrance sales increased 15.7% to 130.6 million euros. Flavour sales increased 17.3% to 143.5 million euros and Ingredient sales increased 26.1% to 85.8 million euros.

Pinova Acquires LyondellBasell Flavors & Fragrances - December 23, 2010 - BRUNSWICK, GA and JACKSONVILLE, - Pinova Holdings, Inc. ("Pinova Holdings"), the parent company of Pinova, Inc. ("Pinova"), today announced that it has acquired LyondellBasell Flavors & Fragrances, LLC ("LBFF") from LyondellBasell. LBFF is now renamed Renessenz. Renessenz will continue to be led by its current management team. LBFF has more than 400 customers in 48 countries and is one of the world's largest producers of terpene flavor and fragrance ingredients derived from natural and renewable raw materials. Pinova is a leading global supplier of wood and gum rosin and polyterpene resin specialty chemicals derived from natural and renewable raw materials. Together, the combined companies will have sales of more than US$250 million and about 450 employees. "We are very pleased to welcome LBFF into the Pinova family," said David Bookbinder, Executive Chairman of Pinova Holdings. "This is an excellent business with a long history of successful innovation, industry leading customers, a broad array of products, and experienced and dedicated employees. We plan to invest in LBFF and its people, just as we have done with Pinova, with the aim of generating growth by delighting our customers through innovation and outstanding service. We believe that LBFF is a great strategic fit including a similar natural and renewable raw material platform. Pinova Holdings is a portfolio company of TorQuest Partners, a leading Canadian private equity firm.

T. Hasegawa 2009-2010 Sales Results - December 13, 2010 - for the full year ending September 30, 2010 consolidated net sales were ¥ 45,167 million, up 4.4%. For the same period, net income increased 58.5% to ¥ 2,840 million.

Takasago Half Year 2010-2011 Sales - November 22, 2010 - Sales for the half fiscal year ending September 30, 2010 were ¥ 60,547 million, up 2.9% from the prior year while net income increased 85.1% to ¥ 3,325 million.

Frutarom 3d Qtr 2010 Sales - Haifa, Israel – November 16, 2010 - Frutarom's revenues in the first 9 months of the year totaled US$ 338.7 M, an increase of ~ 8.2% in local currency terms compared to the first nine months of 2009 which totaled US$ 316.7. In US$ terms, Frutarom's sales increased by ~ 6.9% compared to the first nine months of 2009. Frutarom's revenues in 3d Qtr 2010 totaled US$ 111.0 M, an increase of 4.8% vs 2009. The weakening of the Euro and the Pound Sterling against the US$, which was slightly offset by the strengthening of the Swiss Franc and the NIS against the US$, resulted in a 0.6% decrease in sales in US$ terms compared to 3d Qtr 2009.

Amyris Enters Into Collaboration and Joint Development Agreement with Firmenich - November 10, 2010 - Amyris, Inc. announced today that it has entered into a collaboration and joint development agreement with Firmenich. This is the first agreement for Amyris in the fragrance and flavor industry and provides an opportunity to add higher-value ingredients to their expanding product portfolio. Under the agreement, Firmenich will fund technical development at Amyris to produce a sustainable, cost-effective and reliable source of a key ingredient for the fragrance and flavor market. Under the agreement, Amyris will manufacture and supply product to Firmenich, Firmenich will market and distribute the product, and the parties will share in the economic value derived. The agreement between the parties also grants worldwide exclusive commercialization rights in fragrance and flavor to Firmenich for the ingredient, which will be manufactured by Amyris. In addition, Firmenich has an option to collaborate with Amyris to develop a second ingredient.

Symrise 9 Month 2010 Sales - Holzminden, November 9, 2010 - In the first three quarters of 2010 Symrise increased Group sales by 16.4 % (12.4 % at local currency) from €1,037.5 million to €1,207.7 million. The Group enjoyed strong demand in established as well as in emerging markets, with th latter being 46 % of sales. Scent & Care sales rose 19.9 % to €621.8 million while Flavor & Nutrition rose 12.9% to €586.0 million.

IFF 3d Qtr 2010 Sales - New York, 4 November 2010 - IFF reported 3d Qtr 2010 revenue of $673.3 million, 9.9 % higher than the prior year quarter. For the 9 months, sales increased 14.5% to $1,993 million. Flavor sales increased 9.1% in the 3d Qtr to $300.5 million and for the 9 months were up 11.6% to $905 million. Fragrance sales were up 10.5% in the 3d Qtr to $337.2 million and for the 9 months increased 17.1% to $1,088 million.

Sensient F&F 3d Qtr 2010 Sales - Milwaukee, October 27, 2010 - The Flavors & Fragrances Group reported 3d Qtr sales of $207.2 million, an increase of 6.4% vs. 2009. For the 9 monrth period F&F sales were $603 million, up 4.5%.

Firmenich 2009-2010 Sales - Oct. 13, 2010 - For the financial year ended June 30, 2010, Firmenich posted record sales of CHF 2873 million, an increase of 12.1% in local currencies and 8.7% in Swiss Francs, regaining its position as growth leader in the fragrance and flavor industry. This performance was driven by double-digit growth in Perfumery and Flavor segments, with a particularly strong rebound in Fine Fragrance during the second half of the year. The perfume and flavor ingredients business followed the trend, recording a healthy high single-digit growth performance.
Leffingwell estimates that Firmenich increased market share by about 1.7% in the period.

Givaudan 3d Qtr 2010 Sales - Geneva, 8 October 2010 – In the first 9 months of 2010, Givaudan recorded sales of CHF 3,283 million, an increase of 9.8% in local currencies and 8.5% in Swiss francs with both divisions contributing to this good result. In the first 9 months of 2010, the Fragrance Division recorded sales of CHF 1,539 million, a growth of 12.0% in local currencies and 10.9% in Swiss francs. In the 3d Qtr, Fragance division sales increased 12% in local currencies and 10.9% in Swiss francs. In the first nine months of 2010, the Flavour Division recorded sales of CHF 1,744 million, an increase of 7.9% in local currencies and 6.5% in Swiss francs. In the 3d Qtr, Flavour division sales increased 7.5% in local currencies and 3.8% in Swiss francs.

Symrise Half Year 2010 Sales - Holzminden, August 10, 2010 - Group sales were up 16.4 % to to €797.5 million with 46 % of sales generated in emerging markets - Scent & Care sales rise 20 % while Flavor & Nutrition rose 12.8%.

Givaudan Half Year 2010 Sales - Geneva, 5 August 2010 - Group sales for the first six months of the year totalled CHF 2,199 million, an increase of 10.5% in local currencies and 10.2% in Swiss francs compared to the previous year. Fragrance Division sales were CHF 1,017 million, an increase of 13.3% in local currencies and 13.1% in Swiss francs versus the same period in 2009. Flavour Division sales were CHF 1,182 million, an increase of 8.1% in local currencies and 7.8% in Swiss francs compared to the previous year. Operating income increased to CHF 330 million from CHF 245 million last year. On a comparable basis, excluding CHF 47 million of integration costs and impairments, the operating income increased to CHF 377 million in 2010 from CHF 282 million for the same period in 2009.

IFF Half Year 2010 Sales - New York, 5 August 2010 - IFF reported second quarter 2010 revenue of $666 million, 17 % higher than the prior year quarter. For the Half year, sales also increased 17% to $1,319.7 million. Flavor sales increased 12.8% in the 2d Qtr to $304.3 million and for the half year were also up 12.8% to $604.5 million. Fragrance sales were up 21.1% in the 2d Qtr to $361.5 million and for the half year increased 20.8% to $715.2 million.

Mane’s Monomenthyl Succinate Patents Affirmed - LE BAR-SUR-LOUP, FRANCE, August 4, 2010 – Mane is pleased to announce that the U.S. Patent Office has recently confirmed the validity of all claims of its U.S. Patents Nos. 5,725,865 and 5,843,466 which cover the use of Monomenthyl Succinate (MMS) as a cooling additive in food and beverage products. This confirmation rejects a petition for reexamination filed by International Flavors and Fragrances, Inc.

Mans Boelens Passes - It is with great sadness that we report Mans Boelens passed away on July 22, 2010. He was 79. He will be missed by all in the F&F industry. A pioneer in many areas - GC-MS, synthesis, structure-odor relationships, Chirality & odour as well as a foremost expert in essential oils. For those of us at Leffingwell & Associates, he was a partner and collaborator that developed the ESO, VCF, FRM, PMP and PFC databases that are so widely used in our industry. But most of all we will miss a very good friend.

Sensient F&F 2d Qtr 2010 Sales - Milwaukee, July 23, 2010 - The Flavors & Fragrances Group reported 2 Qtr sales of $205.0 million, an increase of 3.8% vs. 2009. For the first half of 2010 F&F sales were $ 395.7 million, also up 3.8%.

Robertet 2d Qtr 2010 Sales - 20 July 2010 - Robertet has announced that its Q2 2010 turnover increased by 30.1%, to 98.9 million euro. For the half year 2010, sales were up 21.8% to 183.6 million euros. For the half year "natural" raw materials were up 31.9%, fragrance was up 21.4% and flavor up 16.8%.

Firmenich - New Head of Perfumery - June 30, 2010 - Firmenich has appointed Armand de Villoutreys President Perfumery Division and a member of its Executive Committee, effective July 1, 2010. He succeeds Michel Bongi, who retires after 39 years with the company, eight of which as Head of Perfumery on the Group’s executive team.

Redpoint Bio and IFF sign deal - June 30, 2010 - IFF has been granted a 5 year exclusivity period to commercialize Redpoint's natural sweetness enhancer RP44 (Rebaudioside C).

Symrise to double L-menthol production - Holzminden, June 10, 2010 - The company plans to double its existing capacity by the middle of 2012.

BASF adds L-menthol to product range - June 2, 2010 - BASF is constructing a new production plant for the aroma chemical L-menthol at the company's Ludwigshafen site. The new plant is expected to come on stream in 2012. L-Menthol is another important addition to BASF's citral value chain.

BASF Menthol Process - June 1, 2010 - a mini-review of recent developments

World Perfumery Congress - June 1 - June 4, 2010 in Cannes, France - BASF to introduce Lysmeral^® Extra (Improved lily-of-the-valley scent), Pyranol - a mild, harmonious floralcy resembling muguet (lily of the valley) and Prenyl acetate.

Takasago Full Year 2009-2010 Sales - May 14, 2010 - Sales for the full fiscal year ending March 31, 2010 were ¥114,347 million, down 7.8% from the prior year.

A.M. Todd Organization Changes - Kalamazoo, MI - May 12, 2010 - Henry Todd, Sr. has decided to retire after serving for more than 10 years as Chairman & CEO of the A.M. Todd Group. Mr. Todd spent his entire 41 year career at the company, including his role as President of Zink & Triest from 1993 through 2002. He will remain on the Board of Directors. Succeeding Mr. Todd in the role of President & CEO is Raymond J. Hughes. Prior to joining A.M. Todd as President of the Ingredients„ Flavors Division in 2006, Mr. Hughes spent more than 25 years in the flavor and fragrance industry, leading the North American Flavor Division at Symrise as President following the Dragoco/ H&R merger in 2002. Before that he was President & CEO of Dragoco North America. Mr. Hughes is currently the President of the Flavor and Extract Manufacturers Association of the United States as well as a Board member of the International Organization of Flavor Industries based in Brussels Belgium.

IFF 1st Qtr 2010 - May 6, 2010 - International Flavors & Fragrances Inc. has reported 1st Qtr 2010 revenue of $653.9 million, 16.8% higher than the prior year quarter. Total revenue in local currency increased 13 percent. Flavor sales increased 12.8% (+8% in local currency) to $300.2 million. Fragrance sales increased 20.1% (+18% in local currency) to $353.7 million.

Symrise 1st Qtr 2010 - May 4, 2010 - Symrise significantly increased sales and earnings in the first quarter of 2010. In an improving market environment the company saw sales al local currency grow 13.2 %, or 12.8 % (to € 392.5 million) at actual rates. Scent & Care posted sales of € 204.8 million (13.9 %) & 14.1 % in local currency. Flavor & Nutrition saw sales rise 12 % (12 % at local currency) to € 186.2 million.

Senomyx 1st Qtr 2010 Highlights - April 29, 2010 - “The beginning of 2010 has been very eventful for Senomyx,” stated Kent Snyder, CEO of the Company. “We strengthened our balance sheet through our February financing and the receipt of nearly $10 million in milestone and license fee payments from collaborators. In addition, for the first time in Senomyx’s history, three of our collaborators, Nestlé SA, Ajinomoto Co., Inc., and Firmenich SA, are conducting new market introductions of products that contain Senomyx flavor ingredients. Revenues were $7.7 million for the first quarter of 2010, compared to $3.5 million for the first quarter of 2009, an increase of 120%. The increase was primarily due to the recognition of $4.7 million in license fee, milestone, cost reimbursement and R&D funding revenue related to the Company’s August 2009 Sweet Enhancer collaboration with Firmenich. First quarter 2010 revenues include a total of $2.4 million in non-recurring milestone payments and cost reimbursements from collaborators.

Sensient F&F 1st Qtr 2010 Sales - Millwaukee, April 19, 2010 - The Flavors & Fragrances Group reported 1st Qtr sales of $190.7 million, an increase of 3.3% compared to 1st Qtr 2009 revenue of $184.5 million. Revenue and operating profit, as reported, were up in the traditional flavor product lines, but this growth was offset by lower revenue and profits from the dehydrated flavors product lines. Revenue and profits from dehydrated flavors were down as a result of price adjustments in advance of lower raw material costs. Group operating profit was $27.2 million, compared to $30.0 million in the comparable period in 2009. Favorable foreign currency translation increased Flavors & Fragrances Group revenue and operating income by approximately 5% and 4%, respectively.

CPL Aromas - April 19, 2010 - CPL Aromas has relauched its website with highlights of perfumer inspirations and the company's new EcoBoost and Aromaguard technologies..

Givaudan 1st Qtr 2010 Sales - Geneva, Switzerland – 9 April 2010 – In the first quarter 2010, Givaudan recorded sales of CHF 1,066.4 million, a strong increase of 10.6% in local currencies and 9.2% in Swiss francs. Both Fragrances and Flavours, contributed to the strong result. The Fragrance Division recorded sales of CHF 495.7 million, a growth of 14.3% in local currencies and 13.1% in Swiss francs. Fine Fragrance sales grew by 26.9% in local currencies. The Consumer Products business unit grew by 10.5% in local currencies. Sales for Fragrance Ingredients grew 18.0% versus the 1st Qtr of 2009. The Flavour Division reported sales of CHF 570.7 million, representing a growth of 7.6% in local currencies and 6.1% in Swiss francs.

Frutarom 4th Qtr & Full Year 2009 Sales - Haifa, Israel – March 16, 2010 - Frutarom's full year sales fell 10.2% (in US $) vs. 2008, totaling $425.2 million. 4th Qtr sales increased 9.9% to $108.5 million.

Symrise Full Year 2009 Sales - Holzminden, March 3, 2010 - In 2009, Symrise had a 3.2 % increase in Group sales from € 1,319.9 mil-lion to € 1,362.0 million. Sales at local currency rose by 2.7 %. The Flavor & Nutrition division increased revenues from € 648.1 million to € 679.7 million in the 2009. The Scent & Care division benefited from an increase in business during the second half of the year. Sales for the division rose by 1.6 % to € 682.3 million (previous year: € 671.8 million).

Molecular mechanism of the sweet taste enhancers - Insight on Senomyx's Sucralose & Sucrose enhancers. Includes 4-Amino-5,6-dimethylthieno[2,3-d]pyrimidin-2(1H)-one (FEMA# 4669, which appears on the Interim FEMA list of substances that will appear in the 25th GRAS List) FEMA# 4669 is included in Synomyx's United States Patent Application 20080306093. A related sweetness enhancer (3-[(4-Amino-2,2-dioxido-1H-2,1,3-benzothiadiazin-5-yl)oxy]-2,2-dimethyl-N-propylpropanamide) assigned FEMA# 4701 is included in Synomyx's WIPO Patent Application WO/2008/154221.

Givaudan 4th Qtr & Full Year 2009 Sales - Geneva - Feb. 16, 2010 - In 2009, Givaudan group sales totalled CHF 3,959 million, an increase of 1.4% in local currencies and a decrease of 3.1% in Swiss francs compared to 2008. On a comparable basis (in local currencies and excluding the impact of divestments), sales increased by 1.6% versus 2008. The Fragrance Division recorded full year sales of CHF 1,824 million, an increase of 0.9% in local currencies and a decrease of 3.9% in Swiss Francs. After a challenging first quarter, business momentum recovered, improving consistently during the three consecutive quarters. The Division achieved sales growth of 5.3% in local currencies during the 4th Qtr 2009. The Flavour Division reported full year sales of CHF 2,135 million, representing a growth of 1.9 % in local currencies and a decline of 2.5 % in Swiss francs. Excluding the effects of the divested business, sales performance in local currencies increased 2.2%. During the fourth quarter of this year, the Division achieved sales growth of 4.3% in local currencies.

Robertet 2009 Sales - Feb. 15, 2010 - Robertet has announced that its 2009 turnover increased by 0.6% to 305.1 million euro. The company's flavor division (accounting for about 40% of the company's total turnover), reported a 5.3% growth to 122.3 million euro.

Takasago 3 Qtrs 2009-2010 Sales Results - Feb. 12, 2010 - For the 3 Qtrs period, April 1, 2009 - December 31, 2009, sales declined 9.5% to ¥ 87,576,000. The company projects a Consolidated Financial Sales Forecast for the fiscal year (April 1, 2009 - March 31, 2010) of ¥ 117,000,000, a decline year over year of 5.6%.

IFF 4th Qtr & Full Year 2009 Sales - Feb. 09, 2010 - IFF full year 2009 sales decreased 2.6% to $2,326.2 million vs 2008. 4th Qtr sales increased 8.6% to $585.6 million. Flavor sales for the full year were down 1% to $1,081.5 million while flavor sales in the 4th Qtr increased 7.8% to $270.2 million. For the full year 2009 Fragrances were down 4% to 1,244.7 million while 4th Qtr sales increased 9.4% to $315.4 million.

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. As these figures include dehydrated products such as dehydrated vegetables that are about 29% of sales, we estimate that the sales of conventional flavors & fragrances in 2009 were about $548.7 million.

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.

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.

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 million, down 4.8%. For the same period, earnings declined 19.9% to ¥ 1,792 million. For the fiscal year ending September 30, 2010 the company projects that consolidated net sales will increase 2.3% to ¥ 44,260 million.

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".

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.

 Givaudan 9 Months 2008 Results - Geneva, 8 October 2008 - In the first nine months of 2008, Givaudan achieved sales of CHF 3,149 million, an increase of 9.8% in local currencies and 1.4% in Swiss francs. On a pro forma basis, as if Quest had already been consolidated since 1 January 2007 and excluding the impact of the portfolio streamlining, sales grew 3.4% in local currencies. The Fragrance Division recorded nine months sales of CHF 1,463 million, which represents a growth of 1.5% in local currencies and a decline of 6.2% in Swiss Francs. Excluding the impact of the portfolio streamlining, sales grew 2.1% in local currencies. The Flavour Division recorded nine months sales of CHF 1,686 million, an increase of 2.6% in local currencies and a decline of 5.3% in Swiss Francs. In the first nine months, the discontinuation of commodity ingredients and the St. Louis divestment impacted sales by CHF 33 million. Excluding this effect, the Flavour Division would have reached a growth of 4.5% in local currencies.

Furaneol^® and Mesifuran enantiomers - Sept. 26, 2008 - Researchers at Takasago International Corporation & Hokkaido University have unraveled the 40 year old mystery of which enantiomers of Furaneol and mesifuran are primarily responsible for the burnt sugar odor characteristics.
....
In both cases, it has been demonstrated that the 2R enantiomers have the strong sugary character. Large quantities of these and related furanones are utilized as raw materials in the flavor and fragrance industry, with worldwide annual consumption of up to almost 100 tons. See Org. Lett., 10 (21), 4883–4885, 2008, Web Release Date: September 26, 2008 (Furaneol is a registered trademark of Firmenich SA).

Symrise: Two new acquisitions - Sept. 26, 2008 - Symrise acquires Intercontinental Fragrances and Manheimer Fragrances; plans for a global air care center in the US.

Frutarom Half Year 2008 Sales - Aug 19, 2008 - Frutarom's sales in the first half of 2008 showed growth of 47.8% vs 2007 and totaled US$ 254.6 million. Gross profit rose 50.9% to total US$ 94.5 million. Operating profit rose 75.9% to total US$ 33.2 million.

Givaudan Half Year 2008 Results - August 5, 2008 Givaudan's half year sales increased 13.5% in local currencies and 4.5% in Swiss francs to CHF 2,095 million. On a comparable pro forma basis sales were up 3.0% in local currencies. Comparable pro forma EBITDA margin improved by 1.2 percentage points to 22.5% while Net profit increased by 13.3% to CHF 94 million. The integration of Quest is on track: CHF 50 million of incremental synergies, CHF 35 million cost.

IFF 2d Qtr & Half Year 2008 Results - New York, July 30th - IFF's 2d Qtr. sales increased 4% in local currencies and 10.9% to $636.1 million at actual exchange rates. Half year sales were up 8.2% at actual rates to $1,232.7 million. Flavor sales increased 6% in local currencies and 14.8% to $289.7 million in actual terms for the 2d Qtr. and half year sales were up 13.6% to 563.6 million in actual terms. 2d Qtr. Fragrance sales increased 1% in local currencies and 7.8% in actual terms to $346.3 million while half year sales were up 3.9% to $669.1 million in actual terms. Overall 2d Qtr. net income decreased 14.5% to $67.0 million while half year net income was down 12.8% to 123.0 million primarily due to increased interest expense associated with borrowings incurred in connection with the 2007 accelerated share repurchase program, which was completed in June 2008.

Making Sense (Scents) of Chemistry Symposium - A symposium from the KNVC and Givaudan on Nov. 28, 2008 at Nijverheidsweg 60, 3771 ME Barneveld, NL. - See the program HERE

Takasago 1st Qtr 2008/9 Sales - August 12, 2008 - For the 1st Qtr (ending June 30th), Takasago gross sales increased 1.3% to ¥ 32,036 million while operating profit declined 4.9% to ¥ 2,639 million.

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 - Article by Herta Ziegler in the 2007 book Flavourings: Production, Composition, Applications, Regulations

Givaudan Half Year 2008 Results - August 5, 2008 Givaudan's half year sales increased 13.5% in local currencies and 4.5% in Swiss francs to CHF 2,095 million. On a comparable pro forma basis sales were up 3.0% in local currencies. Comparable pro forma EBITDA margin improved by 1.2 percentage points to 22.5% while Net profit increased by 13.3% to CHF 94 million. The integration of Quest is on track: CHF 50 million of incremental synergies, CHF 35 million cost.

IFF 2d Qtr & Half Year 2008 Results - New York, July 30th - IFF's 2d Qtr. sales increased 4% in local currencies and 10.9% to $636.1 million at actual exchange rates. Half year sales were up 8.2% at actual rates to $1,232.7 million. Flavor sales increased 6% in local currencies and 14.8% to $289.7 million in actual terms for the 2d Qtr. and half year sales were up 13.6% to 563.6 million in actual terms. 2d Qtr. Fragrance sales increased 1% in local currencies and 7.8% in actual terms to $346.3 million while half year sales were up 3.9% to $669.1 million in actual terms. Overall 2d Qtr. net income decreased 14.5% to $67.0 million while half year net income was down 12.8% to 123.0 million primarily due to increased interest expense associated with borrowings incurred in connection with the 2007 accelerated share repurchase program, which was completed in June 2008.

 Symrise Half Year 2008 Sales - Holzminden/Frankfurt, July 29, 2008 - Symrise increased its half year 2008 sales by 6.7 percent on a local currency basis and 2.3 percent at actual rates from EUR 660.9 million to EUR 676 million. The earnings (EBITA) for the first half of 2008 were up 6 percent in local currencies (up slightly in actual rates), increasing from EUR 123.1 million to 123.6 million. Net profit increased by 16 percent at actual rates from EUR 52.6 million to EUR 60.8 million. Accordingly, earnings per share reached 51 cents compared to 44 cents in the respective period last year. The Flavor & Nutrition division registered sales growth of 11 percent in local currencies, reaching EUR 333.3 million. At actual rates, this represents an increase of 7 percent. Chr. Hansen, which was acquired in the second quarter of 2008, contributed sales of EUR 8.3 million. The Scent & Care division showed moderate sales growth of 2.5 percent in local currencies in the first half year, with sales at Euro 342.7million. While segments like Mint and Life Essentials continued to show strong growth, “luxury segments” like Fine Fragrances and parts of Personal Care had to contend with lower demand. In order to compensate for the increased raw material and energy costs and in order to protect our margins going forward, the division announced selective price increases of 10 percent and more in early July.

Sensient F&F 2d Qtr. 2008 Sales Results - The flavors and fragrances group reported 2d quarter 2008 revenue increased 7.8% to $214.4 million. and to 409.6 million for the first six months of this year, up 8.0% from the prior year’s comparable term half year. This includes non-flavor ingredients such as dehydrated spices which has hisorically been about 23% of their F&F sales,.

Olfactory Theories - July 2, 2008 - In a follow-up by physicist Marshall Stoneham's group to their 2006 paper entitled " Could Humans Recognize Odor by Phonon Assisted Tunneling? ", their new paper in J. Roy. Soc. Interface entitled "Odour character differences for enantiomers correlate with molecular flexibility" addresses certain aspects of the "steric" (or shape) theory of molecular olfaction relating to enantiomers. Noting "In particular, for the fairly extensive class of enantiomers with six-membered ring flexibility, enantiomers do not smell the same." And concluding "...while the shape must be good enough, critical information for actuation is a separate factor."

Happy 30th Sunkist Orange Soda

30 years ago this month, I piled 25 gallons of Sunkist concentrate into the back of my old Porche and travelled to the GCC canning plant in Norcross, GA to make the first production run of Sunkist Orange Soda. In May and June, we were on our way to Winston-Salem, Shreveport, Texarkana, Rapid City and New York for the test market intros. The rest is history, as by 1981 Sunkist had become the 10th best selling soft drink in the USA. The advertising was "fun, sun and the beach" using TV and radio commercials based on the Beach Boys' hit song "Good Vibrations" as the brand's theme. For more about the history and to see the intro commercials - John Leffingwell, April 28, 2008

Frutarom 1st Qtr 2008 Sales - Haifa, Israel, May 21, 2008 - Frutarom's 1st Qtr 2008 sales increased 51.6% to US$ 122 million while gross profit increased 50.2% to US$ 44.8 million, with a growth of 47.8% in operating profit to US$ 15.3 million compared with the same quarter last year. Net profit for the first quarter of 2008 grew by 27.3% to reach a quarterly record of US$ 9.7 million, compared with US$ 7.6 million for the same quarter in 2007. During the quarter Frutarom attained considerable growth in sales, consisting of double digit growth in core activities and the contribution of the seven acquisitions made in 2007.

Robertet 1st Qtr 2008 Sales - May 19, 2008 - 1st Qtr sales rose 32% to 76,842 million euros (inclusive of the Charabot acquisition). In addition, “after consolidation of the Charabot accounts, audited results 2007 are higher than what had been announced at the end of February”.

Takasago Year 2007/8 Sales - May 15, 2008 - Takasago sales for the Year ending March 31, 200 increased 9.1 % to ¥ 124,231 million while net income increased +6.2% to ¥ 5,188 million.

Flavourings: Production, Composition, Applications, Regulations, Herta Ziegler (Editor)

IFF 1st Qtr 2008 Sales - New York, May 1, 2008 - 1st Qtr sales increased 5% to $597 million, primarily benefitting from the weaker U.S. dollar. At comparable exchange rates, sales would have increased 1 percent compared to the prior year. Flavor sales increased 12 percent over the prior year period. Excluding the impact of currencies, sales growth for Flavors was up 8%. Fragrance sales for the period were flat. Net income declined 11% to $55,948 primarily due to increased interest expense incurred in connection with the 2007 accelerated share repurchase program and restructuring charges related to employee separation costs due to the elimination of approximately 125 positions.

The Perfect Scent by Chandler Burr - Great reading - A Year Inside the Perfume Industry in Paris and New York - from the New York Times perfume critic, a stylish, fascinating, unprecedented insider's view of an industry and its charismatic characters.

Symrise 1st Qtr 2008 Sales - Holzminden, April 30, 2008 - 1st Qtr total sales increased 6.4% in local currencies and 2.0% in actual exchange rates to 338 million Euros. Scent & Care sales increased 3.7% in local currencies but decined 0.7% at actual exchange rates to 179.8 million euros.. Flavor & Nutrition sales increased 9.7% in local currencies and 5.6% at actual exchange rates to 152.8 million Euros. Overall EBITA increased 6.2% in local currencies but declined 1.6% at actual exchange rates while net income declined 14.7% to 24.9 million Euros.

Symrise Finalizes Chr. Hansen Acquisition - April 28, 2008 - Symrise has finalized its acquisition of the dairy flavors, savory flavors, sweet flavors and seasonings sectors of the Danish manufacturer Chr. Hansen. The anti-trust authorities approved the transaction on April 25, concluding Symrise’s largest acquisition to date.

Sensient F&F 1st Qtr 2008 Sales - April 21, 2008 - The Flavors & Fragrances Group reported record first quarter revenue and operating income. Revenue for the quarter increased 8.1% to $195.2 million, compared to $180.5 million in last year's comparable period. Quarterly operating income was up 13.2% to $28.8 million, compared to $25.4 million in the first quarter of 2007. Group revenue in the quarter benefited from favorable foreign currency translation and improved pricing. Quarterly operating income rose on the higher sales and on continued improvements in the profitability of the group's European operations. Group operating margins improved 70 basis points to 14.8%.

Givaudan 1st Qtr 2008 Sales - Geneva, 4 April 2008. In the first quarter of 2008, Givaudan achieved sales of CHF 1,052.8 million, an increase of +27.2% in local currencies and +18.3% in Swiss francs. On a pro forma basis, as if Quest had already been consolidated since 1 January 2007 and excluding the impact of the portfolio streamlining, sales grew +1.9% in local currencies. In actual pro-forma terms, sales increased by +0.7% in local currecies and -6.4% in CHF. The integration of Quest International is stated to be progressing well. Givaudan reconfirms the amounts and the planned phasing of its estimated savings and integration costs, published at the 2007 Full Year Results. For 2008, Givaudan expects to grow its sales in line with the market when excluding the impact of the announced CHF 114 million of portfolio streamlining and business divestiture. Givaudan confirms that it is on track to generate the expected CHF 200 million integration synergies and to reach pre-acquisition margin levels by 2010. CHF 130 million of integration synergies are expected to be achieved in 2008.

Frutarom 12 Month 2007 Sales - Haifa, Israel, March 18 - For the full year, Frutarom sales totaled US$ 368.3 million, up 28.2% compared with 2006. On a proforma basis (assuming that acquired companies had been consolidated as of January 1, 2007), sales for 2007 totaled US$ 431.5 million, which is growth of 50% compared with 2006. Fourth quarter sales grew sharply by 49.2% to total US$ 108.4 million. Net profit for the fourth quarter of the year rose to US$ 5.2 million compared with US$ 4.2 million in the fourth quarter of 2006. Net profit for 2007 totaled US$ 24.2 million compared with US$ 29.7 million in 2006. The actual full year sales increase placed Frutarom as the No. 9 industry sales leader.

Symrise 12 Month 2007 Sales - Holzminden, March 5, 2008 - Symrise total 2007 sales increased 3.7% to € 1,274.5 million. In local currencies, sales increased 6.2%. Scent & Care division sales increased 3.7% to € 671.3 million (+6.5% in local currencies). Flavor & Nutrition sales increased 3.6% to € 603.2 million (+5.8% in local currencies). Overall Net income for the year rose to € 97 million, following a loss of € 90 million in the previous year. Symrise has also signed an agreement to take over the flavor business from the Danish supplier Chr. Hansen. Pending regulatory approval, this acquisition will strengthen Symrise’s presence in the North American market as Chr. Hansen generates a majority of its flavor sales in the United States. This will be Symrise’s biggest acquisition to date.

Givaudan 12 Month 2007 Sales - Geneva - Feb. 19, 2007, In 2007, Givaudan's total sales increased to CHF 4,132 million from CHF 2,909 million in the previous year. This resulted in a growth of 42.2% in local currencies and 42.0% in Swiss francs. These sales include the acquisition of Quest International as of 2 March 2007.

Takasago 9 month 2007/8 Sales - February 13, 2008 - Takasago sales for the 9 month period ending Dec. 31, 2007 increased 12.4% to ¥ 94,564,000 while operating profit increased 31.0% to ¥ 6,909,000.

Sensient F&F 4th Qtr & full year 2007 Sales - Feb. 11, 2008 - Sensient's Flavors & Fragrances Group achieved record results in 2007, as revenue for the twelve months increased 6.9% to $783.7 million and operating income increased 12.3% to $117.3 million. Flavors & Fragrances Group revenue grew 7.7% to $199.4 million in the quarter ended December 31, 2007, compared to $185.0 million in the prior year's fourth quarter. Quarterly operating income jumped 11.3% to $30.1 million compared to $27.0 million in the fourth quarter of 2006. As about 27% of F&F sales are in dehydrated vegetables, we estimate that Sensient's true F&F sales were about $572 million for year 2007.

Givaudan's Innovative Naturals Programme - February 5, 2008 - Givaudan's unique partnership programmes for two new sustainable raw material sourcing projects - sandalwood oil & tonka bean was presented in Le Laboratoire, a new creative space dedicated to experimental collaboration between artists and scientists, located in the heart of Paris.

Luccarelli Joins A.M. Todd - February 5, 2008 - Domenick Luccarelli has joined A.M. Todd as Director of Business Development for Organic Ingredients & Flavors

IFF 2007 Sales Results - New York - January 30, 2008 - For the full year 2007, IFF sales increased 9% to $2,276.64 million and net income increased 9% to $ 247.128 million. For the fourth Qtr, sales were $553 million, up 8 percent while net profit declined 2% from the prior year quarter. Sales for the 2007 quarter benefited from the generally weaker U.S. dollar; at comparable exchange rates, sales would have increased 2 percent in comparison to the 2006 quarter. 4th Qtr 2007 Flavor sales increased 16% in $ (= +10% in local currencies) and Fragrance sales increased 2% in $ (= -3% in local currencies). For the full year 2007, Flavor sales increased 12% in $ (= +9% in local currencies) and Fragrance sales increased 6% in $ (= +2% in local currencies).

Robertet Sales for 2007 - Jan 21, 2008 - 4th Qtr sales rose to 73.67 Million Euros (+52.6%) reflecting the integration of Charabot in the quarter. For the full year 2007, sales increased 9% to 241.14 Million Euros.

Mane 2007 Sales - Sales for the full year 2007 rose to 307.31 million Euros, an increase of 6.7% year over year (personal communication).

T. Hasegawa 2007 Sales Results - for the full year ending September 30, 2007 consolidated net sales were ¥50,066,000, up 6.5% while consolidated net income increased 11.7 % to ¥ 4,147,000.

Senomyx - Firmenich Collaboration - January 3, 2008 - Senomyx, Inc., a leading company focused on using proprietary technologies to discover and develop novel flavor ingredients for the packaged food and beverage industry, and Firmenich SA, the world's largest privately-owned fragrance and flavor company, announced today that they have entered into a collaborative research, development, commercialization and license agreement for novel flavor ingredients intended to provide a cooling taste effect.

Frutarom acquires RAD Natural Technologies - HAIFA, Israel, November 19,2007 - Frutarom has purchased RAD Natural Technologies Ltd., a company producing unique natural plant extracts with anti-oxidant properties for use in food, dietary supplements and cosmetic products. RAD's sales fo 2006 totaled US$ 1.2 million and US$ 0.9 million for the first six months of 2007. Fruarom's prior acquisitions thus far in 2007 include: Gewurzmueller, Raychan, Abaco, Adumim Food Additives, Jupiter and Belmay.

Symrise - 9 Month 2007 Sales Results - November 5, 2007- Symrise reported sales for the first nine months of 2007 of ¬989.2 million, an increase of 4.7% in actual exchange rates. The Scent & Care division increased its sales in local currencies by 8.5% to reach ¬521.8 million. The Flavor & Nutrition division grew by 5.2% in local currencies to reach ¬467.4 million. Net income for the period more than tripled over the same period 2006, from ¬19.0 million to ¬84.3 million.

IFF'S 9 Month 2007 Sales Results - October 31, 2007 - 9 month total sales increased 9 % to $1,723.14 million from $1,581.07 million in the prior year while net income increased 12% to $199,905 million from $178,518 million. 3rd Qtr sales increased 8% to $583.31 million, from $539.14 million in the prior year period. Reported sales benefited from the weaker U.S. dollar, mainly against the Euro and Pound Sterling. For the quarter, net income fell to $58.8 million, or 67 cents per share, from $63.6 million, or 70 cents per share in the prior year quarter. The company said the results included a pension curtailment loss of 4 cents per share. Excluding that charge, IFF earned 71 cents per share. For the 3d Qtr, Flavor sales increased 12% to $256.42 million from $226.73 million due to new wins and volume growth in each region while Fragrance sales increased 6% to $326.89 million from $309.4 million and was driven by an 11% increase in both fine and beauty care sales and ingredient sales.

Sensient F&F 3d Qtr Results - Oct. 19, 2007 - Sensient's flavor and fragrance group reported record third quarter revenue of $197.2 million (+4%) and operating income of $29.2 million (+ 8.9%). For the first nine months of the year, revenue rose 6.6% to $584.3 and operating income jumped 12.6% to $87.2 million. The company indicates improvement in pricing, operating efficiencies and favorable foreign currency translation for the positive results. In seaparate news Sensient announced that Neil Cracknell has been elected to the position of Vice President and Deputy Group Executive of the Flavors & Fragrances Group.

Frutarom buys Gewurzmuller - October 15, 2007 -Frutarom Industries Ltd announced that it has agreed to acquire Gewurzmuller Group of Germany for $67 million. The Haifa, Israel-based food company said that the Gewurzmuller Group is made up of two companies, Gewurzmuller GmbH and Blessing Biotech GmbH, which together posted 2006 revenues of $65 million. The company said that it would finance the deal from its long-term debt facilities. Frutarom Industries added that operations of Gewurzmuller would be merged with its own operations in Israel, as well as with Nesse of Germany, which it had acquired last year.

Firmenich Year End 2006/2007 Sales - Geneva - Ocober 11, 2007 -Firmenich posted industry-leading organic growth for its fiscal year ended June 30, 2007. Group sales increased 9.7% in local currencies, 8.6% in Swiss Francs, to reach an annual turnover of CHF 2.5 billion.

Givaudan 9 Month 2007 Sales Results - Geneva, Switzerland – 8 October 2007 – In the first nine months of 2007, Givaudan recorded sales of CHF 3,105 million, an increase of 40.6% in local currencies and 41.1% in Swiss francs. This reflects the inclusion of Quest sales as of March 2007 and the good organic growth of the combined business. On a pro forma basis, as if Quest had already been consolidated since 1 January 2006 and excluding the impact of the flavour portfolio streamlining, sales grew 5.1% in local currencies. The local currencies growth including this effect was 3.7% and 4.2% in Swiss francs. The integration of Quest International is progressing well. Givaudan reconfirms the planned phasing of its estimated savings and integration costs, published at the 2007 Half Year Results. Givaudan reiterates it is on track to generate the expected CHF 200 million integration synergies until 2010. The company DID NOT give third-quarter numbers, but - according to Dow Jones Newswires calculations - sales in the third quarter rose to CHF1.10 billion compared with CHF726 million in the same quarter last year, close to analyst expectations. A Dow Jones Newswires survey of five analysts had forecast a 53% rise in sales to CHF1.11 billion.

Rudolf Wild Prepares to Go Public - September 27, 2007 - During the next two years Dr. Hans Peter Wild intends to restructure WILD and its European companies to prepare them for the capital market. By doing this he will establish a solid base for the continual long term and successful development of the company’s global activities. "We will actively change and shape the enterprise ourselves while using the experience of McKinsey to assist in the process. Our decision is a clear sign to our employees that we will work together for solid growth. Dr. Wild emphasizes that the success factors of the past, in particular customer orientation and innovation will remain the main focus of activity for WILD in the future.

Frutarom Half Year 2007 Sales & News - August 27 - Frutarom's sales for the second quarter ending June30th grew by 26.8 per cent to $91.7m. First half sales for this year grew by 20.1 per cent to total $172.2m from last year. Operating profit reached US$ 9.7 million in the second quarter compared with US$ 8.6 million in the prior year period. Operating profit reached US$ 20.1 million in the first half of this year compared with US$ 18.9 million in the first half of 2006. So far during 2007, Frutarom has made 5 acquisitions:
Belmay Ltd. (UK) - April 1, 2007
Jupiter Flavours Ltd. (UK) - April 19, 2007
Adumim Food Additives Ltd. (IL) - June 28, 2007
Abaco (US) - on July 3, 2007
Raychan Food Industries Ltd. (IL) - August 27, 2007

Symrise Half Year 2007 Results - August 9, 2007 - Group sales for the period from January to June 2007 increased by 4.5 per cent to EUR 660.9 million. In local currencies, Group sales increased by 6.8 per cent over the prior-year period. Both divisions contributed similarly to this growth: the Scent & Care Division increased its sales in local currencies by 7.5 per cent, while the Flavor & Nutrition Division’s sales were 6.1 per cent higher.Net income for the period more than tripled in the period under review, from EUR 15.5 million in the prior-year period to EUR 52.6 million.

Takasago 1st Qtr Sales 2007 - August 7, 2007 - 1st Qtr sales for the period April 1st to June 30th increased 10.6% to ¥ 31,635 million over the prior year period while operating profit increased 31.2% to ¥ 2,775 million.

IFF 2d Qtr 2007 Results - August 7, 2007 - Sales rose 8 percent in the second quarter to $573.7 million compared to $530.5 million in the prior year period. Sales benefited from the generally weaker U.S. dollar, mainly against the Euro and Pound Sterling; at comparable exchange rates, sales would have increased 5 percent over the 2006 quarter. Earnings for the three-month period ended June 30 rose to $78.4 million, or 87 cents per share, compared to $61.2 million, or 67 cents per share, in the prior-year period. Excluding the quarter's tax adjustment, the company reported adjusted earnings of $68.4 million, or 76 cents per share.

T. Hasegawa Half Year 2007 Results - For the period Oct.1, 2006 to March 31, 2007 Net Sales increased 7.5% to ¥ 23,724 million from the prior year period while Net income increased by 21.2% to ¥ 1,862 million.

Sensient F&F Half Year 2007 Sales - For the six months ended June 30, 2007, revenue for the Flavors & Fragrances segment was $387.2 million, an increase of 7.9% from $358.8 million reported in the same period last year. The increase in revenue was primarily due to higher volumes and prices in North America ($9.9 million) and higher volumes in the fragrances product line ($4.3 million) combined with the favorable impact of foreign exchange rates ($9.6 million). Revenue for the Flavors & Fragrances segment in the second quarter of 2007 increased 7.7% to $202.9 million from $188.3 million for the same period last year. The increase in revenue was primarily due to higher volumes and prices in North America ($4.8 million) and higher volumes in the fragrances product line ($2.6 million) combined with the favorable impact of foreign exchange rates ($5.2 million).

Givaudan Half Year 2007 Results - Geneva, 3 August 2007. During the first six months of 2007, sales increased to CHF 2,005 million from CHF 1,474 million in the previous year. This resulted in a growth of 36.3% in local currencies and 36% in Swiss francs. These sales include the acquisition of Quest as of 2 March 2007. On a pro forma basis - which reflects the combined activity of Givaudan and Quest over the period ending 30 June 2007 and assumes that the acquisition had taken place on 1 January 2006 - sales increased by 4.4% in local currencies and 4.6% in Swiss francs. Excluding the ongoing flavour portfolio streamlining, pro forma sales growth was 5.7% in local currencies. Gross margin, EBITDA and operating profit margins in pro forma terms improved slightly compared to previous year’s level. Pro forma net profit declined by 20%, related to a one time, non-cash tax adjustment. On a comparable basis, the operating profit in pro forma terms increased to CHF 282 million from CHF 248 million, resulting in an improved operating margin of 12.6% compared to 11.6% last year. In actual terms, the operating profit declined to CHF 185 million from CHF 313 million. The actual 2007 result includes one time integration related costs of CHF 100 million and an additional CHF 84 million amortisation of intangible assets resulting from the Quest acquisition.

A.M. Todd announces "Mooreganics" - the new name in organic ingredients and flavors. KALAMAZOO, MI, August 2, 2007 - At the IFT 2007 Annual Meeting and Food Expo in Chicago, A.M. Todd proudly introduced a new brand for its organic expertise: Mooreganics. This unique name captures the heritage of Moore Ingredients, which A.M. Todd acquired during the first quarter of 2007.

Firmenich Completes Acquisition - Geneva, Switzerland, July 2, 2007 – Firmenich has announced that it completed today the acquisition of Danisco’s Flavor Division, after approval from the relevant authorities.

Frank Szpak - one of the great flavorists of our era - In memorium - on June 13th, 2007, Frank passed away - an unassuming man of extreme talent that helped both Firmenich & IFF to their success in flavors.... And a good friend & mentor to many in the industry - we will all miss him.

Stakes and Professions in Perfumery
A rare find - for those interested in the current (Year 2007) state of the profession of Perfumery

Takasago 2006-2007 Record Sales - May 15, 2007 - Sales for the fiscal year ending March 31st were ¥113,876 million, up 7.7% from the prior year. Net income inceased 68% to ¥ 4,885 million.

Symrise 1st Qtr 2007 Sales - May 15, 2007 - Group sales were 5.3 per cent higher than in the same quarter the previous year at EUR 331.2 million. Earnings before interest, taxes, depreciation and amortization (EBITDA) improved by about 20 per cent, from EUR 61.1 million to EUR 73.5 million. This large increase in earnings raised the EBITDA margin from 19.4 per cent to 22.2 per cent, which puts the company among the leaders in its industry. Net income for the period after deduction of taxes increased even more than EBITDA: by 81.4 per cent, from EUR 16.1 million to EUR 29.2 million. Sales in the Scent & Care Division went up by 6.5%, while sales by the Flavor & Nutrition Division were 4.0%. Exchange rate adjusted, growth rates were considerably higher, which emphasizes the strength of the company's operations on the international markets even better: the sales increases were 10.4% by Scent & Care and 7.1% by Flavor & Nutrition.

Firmenich to Acquire Danisco Flavors - Geneva, Switzerland, May 3, 2007 - Firmenich, the world's largest privately-owned fragrance and flavor company, is pleased to announce that it has signed an agreement to acquire Danisco's Flavor Division, which specializes in natural and nature-identical ingredients for the food, beverage and fragrance industries. Annual sales of the Danisco Flavor Division represent DKK 1.5 billion (around CHF 335 million), and the acquisition price is DKK 3.36 billion (around CHF 730 million). At the same time, Firmenich and Danisco are entering an exclusive partnership that brings together the best in taste and texture to deliver comprehensive flavor and food ingredient solutions to targeted segments of the market. Firmenich will also be creating an innovation centre in the south of France, specifically designed to further develop its expertise in natural fragrance and flavor extracts. The closing of the transaction is expected to be complete by the end of June 2007. The partnership with Danisco will be rolled out gradually during the months following the closure of the deal. The pending acquisition of Danisco Flavors by Firmenich is expected to move Firmenich into a virtual tie with IFF as the No. 2 sales leader.

Huabao International - The Hottest F&F Company in China - with recent acquisitions and financial restructuring, Huaboa has emerged as a major potential player in the world market. With sales that probably will exceed 110 million US $ this fiscal year - and with the aggressive management of its 37 year old chairman, Ms. Chu Lam Yiu (who owns more than 70% control of the company stock) - Huaboa has a stated goal of being a top ten F&F company "in the near Future". Watch this company.

IFF 1st Qtr 2007 Sales - New York, May 3, 2007 - IFF today reported double-digit growth in sales and net income for the first quarter of 2007. Earnings per share were $.69 in the quarter, representing an increase of 19% from the first quarter of 2006. Sales rose 11% in the first quarter to $566 million compared to $511 million in the prior year period; flavor and fragrance sales each increased 11%. Sales for the quarter reflect the generally weaker U.S. dollar, mainly against the Euro and Pound Sterling; at comparable exchange rates, sales would have increased 6%. The increase in total fragrance sales was driven by higher fine fragrance and beauty care, and fragrance ingredient sales of 11% and 17%, respectively. The growth in fine fragrance and beauty care was driven by new product introductions, while ingredient sales growth was mainly volume related. Functional fragrance sales increased 5% on a combination of new wins and improved volumes. Flavor sales increased 11%, due to new wins and volume growth. In addition, flavor sales increased in each region, both in local currency and in dollars.

Prediction of Odor Perception - April 23, 2007 - In the current issue of Angewandte Chemie, workers at Givaudan Schweiz, Universität Würzburg and Ruhr-Universität Bochum have demonstrated the ability to predict quite accurately the odor intensties of Bourgeonal and Lilial and their silicon analogues on the basis of their stereoelectronic properties alone from a computational homology model of the hOR17-4 receptor and have compared the odor threshold and modeling results with calcium imaging data from the recombinant and native hOR17-4 receptors. "These results taken together clearly demonstrate that it is indeed the electronic surface structure that determines the interaction of an odorant with its olfactory receptors."

Earthly Scents - Heavenly Pleasures - Günther Ohloff's new book will be available in January 2009.

Senomyx & Solae Enter into Collaborative Agreement - April 25, 2007 - Senomyx, Inc. and Solae, a joint venture with DuPont and Bunge Ltd., announced today that they have entered into a collaborative agreement for the discovery, development and commercialization of novel flavor ingredients intended to enhance the taste characteristics of soy proteins.

 Lyondell Marketing Alliance for Cooling Agents - HOUSTON, January 5, 2007 - Lyondell Chemical Company (NYSE:LYO) announced that its Millennium Specialty Chemicals ("Millennium") business has entered into a marketing alliance with Salvona Technologies to promote the use of Millennium's cooling agents with Salvona's delivery systems. Salvona has engineered proprietary delivery systems based on nanotechnology. The systems release an active ingredient over a period of time to improve and extend the cooling sensation. Millennium is a leading supplier of physiological cooling agents and coolant cocktails, including WinSenseTM Extra coolants. Millennium will continue to directly market physiological cooling agents as ingredients and cocktails. Read the full press release.

Sensient F&F First Qtr 2007 Sales - April 20, 2007 - The Flavors & Fragrances Group posted record first quarter revenue of $184.3 million, an increase of 8.1% over the prior year. Solid revenue growth was recorded in the United States, Latin America and China. First quarter operating income was up 14.3%, to $26.2 million on higher sales volume and favorable pricing.

Givaudan - April 4, 1007 - First quarter 2007 sales: Strong start into transition year. In the first quarter 2007, Givaudan recorded sales of CHF 890 million, an increase in local currencies of 19.8% over last year. This reflects the good organic growth of Givaudan and the inclusion of Quest sales as of March 2007. In other news - April 2, 2007 - Givaudan to open new Consumer Products Creative Centre in 2008. Givaudan announced plans for a new $62 million North American Consumer Products Creative Centre to be located in East Hanover, New Jersey.

Givaudan joint venture with ChemCom - Geneva, Switzerland, 28 March 2007 – Givaudan has entered into a joint venture agreement with ChemCom SA, a leader in the field of olfactory receptor technology. The new company, named TecnoScent, will build on ChemCom’s proprietary receptor technology and focus on the discovery and development of innovative fragrance ingredients.

Givaudan Collaboration for taste technology development with Redpoint Bio Corp. - Geneva, Switzerland, 28 March 2007 – Givaudan announces today, that it has entered into research collaboration and licensing agreement with Redpoint Bio Corporation (formerly known as Linguagen). This collaboration further strengthens Givaudan’s capabilities for global TasteSolutions" in the area of health and wellness, in order to discover and develop novel sweetness and savoury enhancers as well as bitter blocker compounds. The collaboration will allow Givaudan to utilise Redpoint Bio’s proprietary technologies and to acquire the exclusive worldwide rights to any licensed compounds for food and beverage products.

Belmay Sells flavor division to Frutarom - March 28, 2007 - The Directors and Shareholders of Belmay are pleased to announce the sale of Belmay's 20 year old flavor division to Frutarom Industries Ltd. The sale includes the flavor facilities inWellingborough, England and its offices in Denmark, Norway and Singapore. Today's announcement does not affect the ownership of the fragrance company which remains a 100% privately owned family business.

A.M. Todd Acquires Moore Ingredients - KALAMAZOO, MI, March 23, 2007 - A. M. Todd strengthened its ingredients portfolio today with the acquisition of Moore Ingredients. Moore Ingredients, based in Hamilton, Ohio, creates and manufactures natural and certified organic specialty ingredients. Going forward it will operate as a division of A. M. Todd. Read the full press release HERE

Synergy Flavors, Inc. - Second Acquisition in Four Months. In a move that will strengthen its presence in South America, Synergy Flavors, Inc. announced its purchase of the Brazilian based AFF Aromas do Brasil (AFF). The deal was finalized March 15, 2007.

Givaudan announces closing of Quest acquisition - Geneva, Switzerland, 2 March 2007 – The acquisition of Quest International, a division of ICI Plc, by Givaudan was closed today, 2 March 2007, after regulatory approvals were obtained in the U.S. and the European Community.

Treatt plc Purchases 50% of Earthoil - 26 February 2007 - As a result of the agreement, Treatt will, with Earthoil, offer a range of organic products in addition to its existing portfolio of flavour and fragrance ingredients.

EU Approves Givaudan Acquisition of Quest - February 21, 2007 - BRUSSELS (Reuters) - Swiss flavours and fragrances maker Givaudan won permission from the European Commission on Wednesday to acquire rival Quest International from ICI for 2.8 billion Swiss francs (1.15 billion pounds). "The Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it," an EU executive said in a statement.

Synergy Flavors has announced its acquisition of Vanlab Corporation (Rochester, NY). In a move that strengthens the company’s overall product mix across sweet and savory flavors, the acquisition gives Synergy an industry-leading position in a broad range of vanilla products.

Givaudan 2006 Sales - February 20, 2007 - Geneva, Switzerland - In 2006, Givaudan’s total sales increased to CHF 2,909 million, representing a 4.7% rise in Swiss Francs and a 3.5% rise in local currencies. Despite the continued ingredients streamlining in both divisions, the company continued to deliver above market sales growth for the sixth consecutive year. This streamlining impacted annual sales by CHF 33 million. Without this effect, sales in local currencies would have increased by 4.9%

Takasago 3d Qtr 2006 Results - Feb. 13, 2007 - Gross Sales for the period April 1- December 31, 2006 increased 6.7% to ¥84,136,000. Operating profit for the same period increased 10% to ¥5,274,000.

Robertet 2006 Sales - reported 2006 sales were 221,127 million euros, an icrease of 6.8% over 2005 sales.

Symrise 2006 Sales - Feb. 6, 2007 - Symrise has reported preliminary sales results for 2006 of 1,230.0 million euros, up 7% from 2005. Preliminary EBITDA for 2006 was reported as 243.0 million euros, up 25.8%.

Quest 4th Qtr & full year 2006 Sales - Feb. 8, 2007 - Quest's 4th Qtr. sales increased 2.9% to 143 £m while full year 2006 sales were up 5% to 588 £m. 4th Qtr trading profit increased 36% to 15 £m while full year 2006 trading profit was up 7% to 76 £m.

Sensient F&F 4th Qtr & full year 2006 Sales - Feb. 12, 2007 - Sensient's Flavors & Fragrances Group achieved record results in 2006, as revenue for the twelve months increased 9.4% to $733.4 million and operating income increased 26.7% to $104.5 million. Flavors & Fragrances Group revenue grew 9.4% to $185.0 million in the quarter ended December 31, 2006, compared to $169.1 million in the prior year's fourth quarter. Quarterly operating income jumped 42.8% to $27.0 million compared to $18.9 million in the fourth quarter of 2005. As 27% of F&F sales were in dehydrated vegetables, we estimate that Sensient's true F&F sales were about $535.4 million for year 2006.

IFF 4th Qtr & Full Year 2006 Results - New York, N.Y., January 30, 2007 & Fourth quarter 2006 sales totaled $514 million, up 11% from the prior year quarter; fragrance and flavor sales increased 13% and 7%, respectively. Sales for the 4th quarter benefited from the generally weaker U.S. dollar; at comparable exchange rates, sales would have increased 7% in comparison to the 2005 quarter. Net income for the 2006 fourth quarter, including $1 million in after tax restructuring charges, totaled $44 million, a 192% increase compared with the prior year quarter. The 2005 fourth quarter result of $15 million included restructuring charges of $16 million after tax. Excluding the restructuring charges from both years, net income increased 48% in the 2006 fourth quarter. Sales for the full year 2006 increased 5 percent to $2.10 billion from $1.99 billion in the prior year. For year 2006, fragrance sales increased 5% and flavors increased 4%. Net income for 2006, including $2 million in after tax restructuring charges, totaled $223 million, a 15% increase compared with the prior year. Full year 2005 results of $193 million included restructuring charges totaling $16 million after tax, as well as a tax benefit of $25 million relating to repatriation of funds from overseas affiliates. Excluding the restructuring charges from both years and the one-time tax benefit from 2005, net income in 2006 increased 22% versus the comparable 2005 result.

T. Hasegawa 2006 Sales Results - for the full year ending September 30, 2006 consolidated net sales were ¥47,000,000, down 1.6% while consolidated net income declined 4.35% to ¥ 3,713,000.

Meaningful Scents Around the World - Roman Kaiser's new book - In recent years, our knowledge of the anatomy and physiology of olfaction has grown enormously, accompanied by a growing appreciation of scent. This is reflected in the fact that the 2004 Nobel Prize in Medicine was awarded for discoveries of 'Odorant Receptors and the Organization of the Olfactory System'. This book naturally supports such developments, and takes the reader on a fascinating fragrant journey around the world to some of the exciting places the author has visited during his 30 years of olfactory research. Following an introductory section to the world of natural scents, including their biological meaning and history, the fragrance and flavor chemist, Roman Kaiser, who is renowned for his 'headspace' analytical technique, revisits some memorable scents. In doing so, he leads us to such exotic places as Lower Amazonia, Papua New Guinea, India, and many rain-forest biotopes in his quest for new molecules and new scent concepts, showing us along the way how a scent like tatami can be linked to culture. The third and final section describes the analysis of the compositions of the presented scents.

Danisco Flavours - Half Year Sales - December 14, 2006 - Sales for May 1st to Oct.31 increased to 808 DKKm from 797 DKKm (+1%) in the prior year. 2d Qtr sales increased to 390 DKKm from 373 DKKm (+5%). Flavours represented 12% of revenue in Danisco's Ingredients sector and recorded organic growth of 3% in H1 2006/07 (of which 6% was in Q2), making this the second quarter running with positive organic growth in the division. "Even though growth rates varied geographically, it is important to emphasise that all regions except for Asia Pacific showed positive organic growth."

Treatt 2006 Sales - December 8, 2006 - Treatt announced a rise in group revenue of 8.9%, reaching 35.4 million pounds (vs 32.5 million pounds in 2005). Profit fell 3.5% to 3.3 million pounds in part due to the absence of last year's one-off stock profits.

Germany's Symrise IPO Oversubscribed -12-6-2006 10:47 AM EST, FRANKFURT -(Dow Jones)- The initial public offering of German fragrances and flavors manufacturer Symrise AG is several times oversubscribed, two people involved in the transaction told Dow Jones Newswires Wednesday. They added that the book was already covered last Friday, when bookbuilding commenced and when Symrise set a price range of between EUR15.75 and EUR17.75 a share. the IPO, if fully exercised, could become the largest in Germany this year, ahead of Wacker Chemie AG (WCH.XE), which raised about EUR1.2 billion in the spring.

Givaudan to acquire Quest International - Geneva, Switzerland, 22 November 2006 - Givaudan has signed an agreement with UK-based Imperial Chemical Industries PLC, to acquire its fragrance and flavour business, Quest International for £ 1,200 million or around CHF 2.8 billion. Based on 2005 sales, the acquisition would result in combined sales in excess of CHF 4 billion, making the combined entity about 60% larger than the No. 2 F&F company (IFF). See More.

Frutarom 3d Qtr 2006 Results - Sales for the first three quarter of the year grew 12.2% to US$ 214.6 M.

Symrise to Raise 650 Mln € in IPO - Frankfurt, Nov 10 - German flavours and fragrances firm Symrise said it planned to sell shares from a capital increase worth 650 million euros ($830 million) in an initial public offering this year. The firm said in a statement on Friday that its main shareholders, including Swedish private equity firm EQT, would also sell shares worth an unspecified amount. Well above 50 percent of Symrise shares would be in free-float after the IPO, it said. Deutsche Bank and UBS will conduct the listing. Symrise, which has around 4,800 staff, increased adjusted core profit (earnings before interest, tax, depreciation and amortisation) by 34.3 percent to 192.2 million euros in the first nine months, while sales rose by 9.1 percent to 944.4 million euros.

IFF Produces Strong 3d Qtr Sales - November 2, 2006 - Third quarter 2006 sales totaled $539 million, up 9% from the prior year quarter; fragrance and flavor sales increased 12% and 6%, respectively. Reported sales for the 2006 quarter benefited from the generally weaker U.S. dollar during the quarter; at comparable exchange rates, sales would have increased 7% in comparison to the 2005 quarter. Reported earnings per share for the third quarter of $.70, exceeding the First Call consensus expectation of $.58. The third quarter 2005 results as reported were $.72, which included a gain of $.24 per share relating to repatriation of funds from overseas affiliates. On a comparable basis, excluding this one-time repatriation benefit, the third quarter 2006 results per share represent a 46% gain over the 2005 quarter.

Firmenich 2005/2006 Sales - 13 October 2006 - Firmenich posted sales growth of 8.7% in local currencies, 13.5% in Swiss Francs, for its fiscal year ended June 2006, with an annual turnover of CHF 2,308 million. "Our exceptional growth positioned us as the world’s number one Perfume and Ingredients Company and strengthened our overall position among the top three companies in the Fragrance and Flavor industry." In other news, Firmenich announced the election of Messrs. Yves Boisdron and Vernon Sankey to its Board of Directors. The elections took place on October 10 at the shareholders' Annual General Meeting in Geneva.

Givaudan 9 month 2006 Sales - Geneva, Switzerland – 6 October 2006 – From January to September 2006, Givaudan recorded sales of CHF 2,200.5 million, resulting in a growth of 3.3% in local currencies and 5.5% in Swiss francs. Despite strong comparables in the third quarter and the on-going streamlining of commodity ingredients, Givaudan continued its good sales growth momentum.

Symrise New Web Site - Holzminden, October 2, 2006 - Symrise has launched its new Web site with the new tagline “Always inspiring more.” But where is information on products and the always informative Webzine?.

A. M. Todd appoints Christine Daley as Technical Sales Manager - East Coast. KALAMAZOO, MI, August 16, 2006 - A. M. Todd has announced the appointment of Christine Daley as Technical Sales Manager - East Coast for its Flavors & Ingredients Division. Christine will be representing both A.M. Todd mint and flavor products, as well as products offered by Todd's new joint venture, Taste Advantage. For the full press releasr click HERE

Danisco USA - (Lakeland, FL, August 10, 2006) - Danisco USA announced completion of its Flavor Innovation Center in Lakeland, Florida. For the full press releasr click HERE

Enantioselective Syntheses of the Odor Active Components of Iso E Super^® & Georgywood^® - January 6, 2006 - Sungwoo Hong and E. J. Corey, of Harvard University, have synthesized enantioselectively the odor active enantiomer (a minor ~5% component) of Iso E Super (Arborone) and the odor active enantiomer of Georgywood (Georgyone) along with their enantiomers (and related compounds). Appearing in the Journal of the American Chemical Society, the synthesis takes advantange of chiral Diels-Alder catalysts (oxazaborolidinium salts) recently developed in the Corey laboratories. These studies have led to a number of conclusions regarding the structural requirements for woody odor, including absolute configuration, critical methyl substitution, and the spatial orientation of the key methyl groups. These odorants bind to at least 10 mouse olfactory receptors, lending support to the combinatorial model for odor perception/differentiation. The implications of this work with regard to possible receptor binding modes is also discussed.

David Pybus - Transports of Delight

Givaudan Half Year 2006 Sales - Geneva, Switzerland – 4 August 2006 – In the first half 2006, sales totalled CHF 1,474 million, resulting in a growth of 3.7% in local currencies and 7.8% in Swiss francs. This good growth was achieved despite the on-going streamlining of commodity ingredients in both divisions. Fragrance sales grew 5.4% in local currencies and 9.3% in Swiss francs, substantially above market. Total sales reached CHF 606 million. Flavour sales grew 2.6% in local currencies and 6.8% in Swiss francs, in line with the market.

Quest 2d Qtr 2006 Sales - London -August 3, 2006 - Quest's 2d quarter 2006 sales increased 5.6% to 151 £m (compared to 143 £m in the prior year period). For the half year, sales increased 6.5% to 297 £m ( vs 279 £m in 2005).

IFF 2d Qtr 2006 Sales - New York, N.Y., July 26, 2006 - 2d quarter 2006 sales totaled $531 million, increasing 3% over the prior year quarter; fragrance and flavor sales increased 3% and 2%, respectively. Earnings per share for the second quarter 2006 were $0.67 compared to $0.60 in the prior year quarter, an increase of 12%. For the six-month period ended June 30, 2006, sales totaled $1,042 million, essentially flat with the 2005 period.

Mastertaste Acquires AFF International - July 26, 2006 - Mastertaste, a member of Kerry Group PLC, has acquired AFF International. AFF, with headquarters in Marietta, GA was founded in 1967 by Lonnie H. Pope. In 1998, it was purchased by an investment group led by Mr. Richard Neill, President and CEO. In December 2000, Mr. Neill became majority owner when he and key associates purchased the investment group's interest in the company. AFF has developed an excellent reputation in the commercial fragrance industry and will complement Mastertaste's Manheimer Fragrance division.

Sensient Reports 2d Qtr Record Flavor Sales - July 14, 2006 -Sensient Technologies Corporation reported revenue of $282.2 million for its second quarter ended June 30, 2006, up 7.0% from the comparable quarter in 2005. The Flavors & Fragrances Group reported record quarterly revenues and operating income. Revenue increased 9.2% to $188.3 million for the 2006 second quarter. Operating income was up 19.0% to $27.1 million compared to the second quarter of 2005. Year-to-date revenue increased 8.4% to $358.8 million and operating income was up 15.4% to $50.0 million. Group revenue in the quarter benefited from higher volumes and improved pricing, particularly within the North American flavors market.

George E. Tesko - In Memorium - In late June 2006, George Tesko passed from this life. Of his many accomplishments he will probably be remembered best as the man who coordinated, and personally was responsible for, the initial production of Sunkist Orange Soda at many hundreds of production sites which helped lead this product to the position as the No 1. Orange Soda (and by 1981, the 10th best selling soft drink in the USA). Formerly with General Foods in R&D, he rose to management positions at RJR Foods, then as a director and finally a Vice President at Sunkist Soft Drinks. He certainly believed that the theme of "Good Vibrations" was the Sunkist "Taste Sensation". An active member of IFT and the Society of Soft Drink Chemists... he will be missed by all who knew him...but surely will forever be appreciated by those who enjoy the taste of Sunkist.

IFF Names New CEO, June 29, 2006, New York - International Flavors & Fragrances Inc., a maker of flavors and scents for the food and consumer products industries, on Thursday named Robert M. Amen, former president of International Paper Co., as chairman and chief executive officer, effective July 1. Amen succeeds Arthur C. Martinez, who served as interim chairman and CEO since Richard A. Goldstein retired on May 9th. Martinez, the former chairman and CEO of Sears, Roebuck & Co., will return to his role as lead director of IFF.

Frutarom 1st Quarter 2006 Sales - Haifa, Israel - May 23, 2006 - 1st quarter sales totaled US$ 71.0 million, showing growth of 9.7%, compared with the same quarter of 2005. Sales grew by 15%, excluding currency effects due to weakening Western European currencies. Net profit rose by 29.3% to reach US$ 8.8 million, compared with US$ 6.8 million in the first quarter of 2005.

Qarôma - May 25, 2006 - Qarôma has announced the introduction of 5 new "Cooling Agents" with cooling intensities equal to or greater than WS-23. Click HERE for the full press release.

Takasago 2005 Sales Results - May 15, 2006 - Takasago's 2005/06 sales increased 4.5% to ¥ 105,721,000 from ¥ 101,205,000 in the prior year while net income decreased 10.2% to ¥ 2,907,000 from ¥ 3,257,000. It should be noted however that earnings in 2004/05 had increased an astounding +80.2% from 2003/04.

Symrise 2005 Sales (& IPO?) - May 10, 2006 - Symrise booked 2005 sales of € 1,148.9 million, essentially flat compared to 2004 sales of € 1,138.1 million. In addition, Symrise is considering an initial public offering as early as 2007, its chief executive told Dow Jones Newswires. "An IPO is one of the scenarios for the exit of our private equity shareholders," CEO Gerold Linzbach said. Symrise spokeswoman Katja Derow added, a decision by the 76% owner, Swedish private equity company EQT, is likely to be made in 2007. EQT declined to comment. (Source - Morningstar)

IFF Names Interim CEO - May 9, 2006 - Richard Goldstein Retires From IFF. Pending the appointment of a successor, IFF's Board of Directors today elected Arthur C. Martinez, the Company's Lead Director, as Interim Chairman and Chief Executive Officer. As reported, the Company's Board of Directors has retained the executive search firm of Spencer Stuart to assist it in identifying Mr. Goldstein's successor. That process is reported to be continuing and progressing well.

IFF 1st Qtr 2006 Sales - New York, N.Y., April 26, 2006 - First quarter 2006 sales totaled $511.4 million, declining 2% in comparison to the prior year quarter. Reported sales for the 2006 quarter were affected by the strength of the U.S. dollar; had exchange rates remained constant, sales would have increased 3% in comparison to the 2005 quarter. Fragrance sales decreased 2% while flavor sales were flat; on a local currency basis, fragrance and flavor sales grew 2% and 4%, respectively. Fragrance sales were led by fine fragrance, which increased 2% in dollars and 8% in local currency; the fine fragrance performance reflected the benefit of a number of new product wins. Sales of functional fragrances declined 4% in dollars and were flat in local currency while fragrance ingredient sales declined 6% in dollars and 1% in local currency. Earnings per share for the first quarter 2006 were $.58 compared to $.55 for the prior year quarter.

Sensient F&F 1st Qtr 2006 Sales - April, 21 2006 - Flavors & Fragrances Group revenue increased 7.7%, to $170.5 million, for the quarter ended March 31, 2006. Quarterly operating income increased 11.5%, to $22.9 million. Group revenue benefited from strong sales of flavors in North America. Improved pricing and product mix also added to Group revenue. Sales gains from these sources were partially offset by unfavorable foreign currency translation. Higher sales volumes, favorable pricing and cost reduction efforts increased operating income in the quarter.

Givaudan 1st Qtr 2006 Sales - Geneva, Switzerland – 7 April 2006 – In the first quarter 2006, Givaudan recorded sales of CHF 754.1 million, resulting in a growth of 6.2% in local currencies and 12.8% in Swiss francs. Givaudan again clearly outgrew the market. 2005 comparables and the strong US dollar have partially contributed to this solid performance. The Fragrance division recorded first quarter sales of CHF 313.6 million which represents a growth of 8.6 % in local currencies and 14.8% in CHF. The Flavour division recorded first quarter sales of CHF 440.5 million which represents a growth of 4.5% in local currencies and 11.4% in Swiss francs.

WS-5 is Now GRAS - March 22, 2006, Lyondell Chemical Company announced that its Millennium Specialty Chemicals business has a new series of cooling systems for the flavor and fragrance industry. designated WinSense^TM Extra. The company has developed an improved way to make WS-5, a product that recently achieved FEMA GRAS status. Millennium plans to introduce it as part of the WinSense Extra series. "When compared with WS-3, our WS-5 product appears to have significantly higher cooling intensity" . For the complete press release click HERE.

Sensient Technologies Flavors & Fragrances Group 2005 Sales, For the year, Sensient's Flavors & Fragrances Group revenue increased 3.4%, to $670.6 million. Operating income for the year declined 2.7% to $82.5 million, compared to 2004 as restated. As "dehydrated products" accounted for 23% of the groups sales (and are not normally considered flavors & fragances), Leffingwell & Associates estimates that "True" Flavor & Fragrance sales were about $516 million in 2005.

Givaudan 2005 Sales Results - Geneva, Switzerland, 21 February 2006 - Givaudan's 2005 sales increased to CHF 2,778 million (an increase of 2.5% in local currencies and a 3.6% in Swiss Francs) while Operating profit increased by 7% to CHF 513 million with a strong operating cash flow of CHF 502 million. Net profit increased by 21% to CHF 406 million. Earnings per share increased by 27% to CHF 56.57 per share. The Fragrance division recorded sales of CHF 1,131 million, a growth of 4.2% in local currencies and 5.4% in Swiss Francs. Flavours sales of CHF 1,647 million grew 1.3% in local currencies and 2.5% in Swiss Francs. Th Companies gross profit margin improved from 47.7% to 48.9% in 2005.

Takasago 3d Qtr 2005 Sales - February 13, 2006 - Takasago 3d Qtr year to date net sales for the period ending Dec. 31 were up +2.4% to ¥78,888,000 vs.¥77,049,000 in 2004.

Quest Intl 2005 Sales Results - February 9, 2006 - Quest's 2005 sales were 560 £m. For the full year, reported sales were -4%, with comparable sales +3% ahead of 2004 with both Flavours and Fragrances delivering growth. Overall gross margin percentages were broadly unchanged despite rising raw material costs. With costs below gross margin slightly lower, trading profit was 28% ahead. For the full year, comparable Fragrance sales sales were +5% with trading profit well ahead. For the full year Flavour sales were 2% ahead of 2004 and trading profit was significantly higher.

IFF 2005 Sales Results - NEW YORK, January 25, 2006 - Sales in 2005 totaled $1,993.4 million, declining 2% in reported dollars and 3% in local currency in comparison to the prior year.

IFF CEO Search - NEW YORK, January 17, 2006 – International Flavors & Fragrances Inc. (NYSE: IFF) (“IFF” or “the Company”) today announced a management succession plan to assure a smooth transition of leadership upon the retirement of Chairman and Chief Executive Officer Richard A. Goldstein. Mr. Goldstein plans to retire following this year’s Annual Shareholder Meeting, scheduled for May 9, 2006. The Company’s Board of Directors has retained the executive search firm of Spencer Stuart to assist in identifying Mr. Goldstein’s successor.

IFF Job Cuts - New York, N.Y., January 10, 2006 … International Flavors & Fragrances Inc. (NYSE: IFF) (“IFF” or “the Company”) announced its plans to eliminate approximately 300 positions in manufacturing, selling, research and administration functions, principally in its European and North American operating regions; the reductions represent 6% of the Company’s workforce.

Givaudan Site Consolidations - 10 January 2006 – Givaudan continues to consolidate its flavour operating asset base and to streamline its Savoury product portfolio. Givaudan has decided to close its US production sites in New Milford (Connecticut) and in Oconomowoc (Wisconsin). The activities of these two sites will be transferred to Cincinnati (Ohio) and Devon (Kentucky). Completion of the closure and consolidation initiatives is expected by mid 2007. Givaudan will incur one time costs of CHF 22 million, of which CHF 16 million from asset impairment impact the 2005 results. It was also decided to discontinue businesses with commodity type savoury base notes.

T. Hasegawa 2005 Sales Results - For the year ending Sept. 30, 2005, consolidated Net sales declined 5.2% to 47,752 million Yen while net income increased 7.2% to 3,882 million Yen.

Chemical Sources Association - Jan. 5, 2006 New & Improved Website

In Memoriam - Lawrence C. Katz, 1956-2005- Lawrence C. Katz, Ph.D., James B. Duke Professor and Howard Hughes Medical Institute investigator at Duke University Medical Center, died of melanoma on November 26, 2005, at his home. He was 48 years old. A pioneering researcher, Katz was a highly esteemed neurobiologist whose research on the development and function of the mammalian cortex. In recent years, Katz continued to investigate the organization of the visual system, and his group had also begun to study the olfactory system. In particular, his lab used the mouse as a model to examine how olfactory signals important for basic, built-in behaviors are encoded by the main olfactory system, which detects airborne odors, and the vomeronasal system, which detects species-specific signals called pheromones.

Millennium Specialty Chemicals to Market 2-PEA - Houston, Dec. 6 2005 — Lyondell Chemical Company (NYSE:LYO) announced that it will shift the sales and marketing for its 2-phenyl ethyl alcohol (2-PEA) to Millennium Specialty Chemicals Inc., its wholly owned subsidiary. This transfer of marketing operations, effective January 1, 2006, will help Lyondell get closer to its customers by utilizing Millennium’s long-term position in the flavors and fragrance market. To download the full press release Click HERE.

Qarôma - New Liquid Sensate Blend for Cooling Sensation or for Flavor & Saltiness Enhancement - November 10, 2005 - Qarôma has announced the development of a new liquid cooling sensate called ICE 1500 (patents pending). This cooling sensate is a Eutectic mixture of ICE 1000 (WS-23) and ICE 3000 (WS-3), both of which are GRAS cooling compounds. The ICE 1500 remains liquid even at temperatures below -20^o C. Further, ICE 1500 combines the instant cooling sensations of ICE 1000 with the gradual and smooth cooling sensation of ICE 3000. It also eliminates the dust problem associated with the handling of both the ICE 1000 and ICE 3000. In flavor applications, ICE1500 provides saltiness and/or flavor enhancement of about 20-30% in a wide variety of foodstuffs such as salsas, salad dressings and marinades, margarine, soups & bouillons, as well as alcoholic beverages, when used at levels where the cooling sensation is imperceptible or barely perceptible. For information or samples, contact Tina Goetschius at tmg@qaroma.com or Deanna Wallace at custserv@chemicalsinc.com. Qarôma is a division of Chemicals Incorporated, a leading manufacture of cooling sensates. To download the full press release Click HERE.

Takasago Half Year 2005 Sales - Takasago half year net sales for the period ending Sept. 30th were up +1.1% to ¥52,620,000 vs.¥52,072,000 in 2004.

Firmenich 2005 Sales Top 2 Billion CHF - Geneva, Nov. 9, 2005 - During its fiscal year ending June 2005, Firmenich sales grew by 7.1 % in local currencies, or 3.0 % in Swiss Francs, to reach a total of CHF 2,035 million. The world’s largest privately owned Fragrance and Flavor company thus further increased its share of the global Fragrance and Flavor market. To read their Annual Report Click HERE.

Cargill to Buy Degussa Food Unit - Sept. 9 - Cargill Inc., the largest U.S. agricultural company, agreed to buy Degussa AG's food ingredients business for 540 million euros ($670 million) to expand its offerings to food and beverage makers. The unit, which makes flavors for candy and drinks as well as thickeners for food, had fiscal 2004 sales of 441 million euros, Duesseldorf, Germany-based Degussa, the world's largest specialty chemicals maker, said today in a statement. The purchase is the largest for Wayzata, Minnesota-based Cargill since the 1.2 billion euro acquisition of Cerestar, a French maker of specialty starches and sweeteners, in 2002. Chief Executive Warren Staley is trying to broaden Cargill's line of ingredients for baked and dairy products, beverages, chocolates, and other foods. "This agreement marks a very significant step in Cargill's strategy of becoming a leading provider of specialty ingredients and ingredient systems to food and beverage companies globally,'' Staley said in the statement.

Perspectives in Flavour and Fragrance Research - April 2005, release by Wiley-VCH and Verlag Helvetica Chimica Acta. The proceedings of the RSC-SCI 'Flavours and Fragrances 2004' conference in Manchester. Edited by Philip Kraft and Karl A.D. Swift. Contributors: Hanns Hatt, Roman Kaiser, Regula Naef, Robin A. Clery, Paul Kolodziejczyk, Elisabetta Brenna, Charles S. Sell, Dieter Enders, Johannes Panten, Andreas Goeke, Philip Kraft, Marcus Eh, Hiroyuki Matsuda, Anubhav P. S. Narula, Helmut Guth, Takeshi Kitahara, David Rowe, and Yoshihiro Hasegawa.

Flexitral - GRAS staus for Coumane® - Flexitral has acheived GRAS staus for Coumane® [1,1a-dihydrocyclo-propa[c]chromen-2(7bH)-one], a cyclopropanated coumarin derivative with CAS number 5617-64-1; FEMA# 4270. The odor and taste profiles of Coumane® are strikingly close to those of coumarin, with no "lactonic" aspects.The scent is reminiscent of coumarin: nutty & vanilla.

Givaudan Nine Months 2005 Sales - Geneva, 7 October 2005 – From January to September 2005, Givaudan recorded sales of CHF 2'085.6 million, resulting in a growth of 1.6 % in local currencies and 1.0 % in Swiss francs. Sales growth improved from the first half year, thanks to a good third quarter sales performance in both divisions. The nine months sales performance continues to be impacted by the ongoing rationalization of the non-core ingredients portfolio. To read more Click HERE.

IFF Nine Months 2005 Sales - New York, N.Y., October 26, 2005 - For the nine-month period ended September 30, 2005, sales totaled $1,531.7 million, declining 2% in comparison to the prior year period, as reported. Reported sales for 2005 benefited from the strengthening of various currencies, particularly the Euro, in relation to the U.S. dollar; had exchange rates remained constant, sales for the nine-month period ended September 30, 2005 would have decreased 3% compared to the prior year period. For the 2005 period, fragrance sales increased 2% while flavor sales declined 7%; on a local currency basis, fragrance sales grew 1% while flavor sales declined 9%. To Read more Click HERE.

Quest International Half Year Sales 2005 - August 8, 2005. For the half year ending June 30th, sales were 279 £m vs. 315 £m last year. As last year results included sales attributable to the Food Ingredients business, which was divested in the second quarter of 2004, Quest sales were 5% above 2004 on a comparable basis, with growth for both theFlavour and Fragrance businesses, particularly in Asia and Latin America. Sales in Europe were also ahead of last year but in North America they were lower. Gross margin percentages were similar to last year, and comparable trading profit was 38% ahead to 7 £m. On a comparable basis Fragrance sales were 9% ahead for the half year and Flavour sales were 1% higher.

Senomyx - La Jolla, CA, July 18, 2005 – Senomyx, Inc. (NASDAQ: SNMX) announced today an exclusive two-year collaborative research and license agreement with Cadbury Adams USA LLC, a Cadbury Schweppes company, for the discovery and commercialization of new flavor ingredients in the gum confectionary area. Under the terms of the new agreement, Cadbury Schweppes has agreed to pay Senomyx research funding and specified payments upon the achievement of milestones during the collaborative period. Upon commercialization, Senomyx will receive royalty payments based on sales of products using the new flavor ingredients. Senomyx also has product discovery and development collaborations with four of the world’s leading packaged food and beverage companies: The Coca-Cola Company, Campbell Soup Company, Kraft Foods Global, Inc. and Nestlé SA.

Takasago 2004 Annual Sales - May 17 - for the fiscal year ending March 31, 2005 sales increased 5.2% to ¥101,205,000 while net income increased 80.2 % to ¥3,257,000.

Givaudan 2004 Sales - Geneva, Switzerland, 1 March 2005. In 2004 Givaudan recorded sales of CHF 2,680 million, resulting in an increase of 4% in local currencies and a decline of 0.4% in Swiss Francs. The Fragrance Division reached sales of CHF 1,073 million, achieving a growth of 4.8% in local currencies and 1.4% in Swiss Francs. This again reflects the outstanding performance in Fine Fragrances as well as strong gains for the third consecutive year in Consumer Products. Sales in Fragrance Ingredients continue to be impacted by the phasing-out of commodity ingredients, consistent with Givaudan's strategy to focus on the production of high value-added fragrance molecules. The Flavour Division recorded a growth of 3.5% in local currencies. This translates into sales of CHF 1,607 million, a slight decline in Swiss Francs. All regions and all business segments recorded positive sales growth in local currencies.

Sensient Technologies Flavors & Fragrances Group 2004 Sales, February 15, 2005 - For the year, Flavors & Fragrances Group revenue increased 5.7% to $628.8 million. Fourth quarter revenue increased 6.2% to $160.9 million. Favorable foreign currency exchange rates added about 4% to revenues for the quarter and year. Operating income for the year declined to $81.3 million, compared to $83.8 million in 2003. Quarterly operating income was $17.5 million versus $19.9 million in the fourth quarter of 2003. Growth in sales of traditional flavors in North America and improved costs in Europe had a favorable impact on 2004 results. As "dehydrated products" (which historically have accounted for 24-27% of the groups sales and are not normally considered flavors), Leffingwell & Associates estimates that "True" Flavor & Fragrance sales were about $478 million in 2004.

Quest International Year 2004 Results - February 10, 2005 - Sales for the full year were 584 £m vs. 691 £m for 2003. Note that Quest’s Food Ingredients business was sold on 30 April 2004. Quest comparable sales for the full year were up 4%. With improved gross margin percentages, comparable trading profit was 76% above 2003. Trading margins improved from 6.5% to 8.7%. Flavours comparable sales for the 4th quarter were 2% ahead of last year, with good growth in Asia and slightly higher sales in EMEA (Europe, Middle East and Africa) offsetting lower sales in North America. Gross margin percentages were above last year, and despite higher costs below gross margin, trading profit was also well ahead of 2003. For the full year, comparable sales were 1% up. With higher gross margin percentages and good control of costs below gross margin, comparable trading profit was significantly above 2003. Fragrance had a strong 4th quarter, with comparable sales 13% ahead of last year, and particularly good growth in North America, Asia and Latin America. Sales were ahead for all product categories, with double-digit growth for Fine Fragrance, Personal Care and Household. With gross margin percentages also above last year, trading profit was well ahead of 2003 despite higher costs below gross margin. For the full year, fragrance sales were 8% ahead. With higher gross margin percentages, comparable trading profit was significantly above 2003.

EU backs proposals on flavouring agents for Codex - February 10, 2005 - Europe tells international food body it welcomes the opening of discussions on options to integrate flavouring agents into the global code system, and puts its weight behind the fourth option that proposes industry guidelines.

Dufte - Signale Der Gefuhlswelt by Gunther Ohloff is now available (in German) from Amazon.com

IFF Year 2004 Results - New York, N.Y., January 26, 2005. For the full year 2004, sales totaled $2,033.7 million, representing an increase of 7% over 2003. Reported sales for 2004 were strongest in fragrances, led by a 13% increase in fine fragrance sales; sales of aroma chemicals and fragrances used in functional products each increased 7% for the year. Reported sales for 2004 benefited from the strengthening of various currencies in relation to the U.S. dollar; had exchange rates remained constant, sales for 2004 would have increased 2% in comparison to the prior year. The 2004 sales performance was impacted by the disposition of the Company’s European fruit preparations businesses, which were sold to Frutarom in the second half of the year. On a pro-forma basis, excluding sales attributable to the European fruit businesses from the comparable time periods in the 2003 results, 2004 sales would have increased 4% in local currency and 8% in reported dollars. For the full year 2004, the Company reported earnings per share of $2.05 compared to $1.83 for the prior year. The 2004 results include $31.8 million ($20.4 million after tax or $.22 per share) of restructuring and other charges related primarily to the sale of certain European fruit business assets and the closure of the Company’s Dijon, France manufacturing facility; 2003 results included $42.4 million ($27.5 million after tax or $.29 per share) of restructuring and other charges. Excluding the effects of these charges, 2004 results per share would have been $2.27 compared to $2.12 per share in the prior year.

T. Hasegawa 2004 Annual Results - For the year ending September 30, 2004, consolidated Net sales increased 8.4% to 50,381 million Yen while net profits increased 10.8% to 3,622 million Yen.

Treatt PLC Year 2004 Results - 13th December, 2004. Group turnover increased by 0.4% to £31.8 million (2003: £31.7 million). Treatt USA $ sales were up 41.5%. Earnings before interest, tax, depreciation and amortisation (EBITDA) were up 17.2% to £3.31m (2003: £2.83m). Profit before tax and exceptional items up 10.5% to £2.31 million (2003: £2.09 million). Profit after taxation rose by 21% to £1.7 million (2003: £1.4 million)

Rhodia shares its experience in vanillin manufacture in China - Click Here for details

Firmenich Annual Results (2003-2004) - Nov. 26, 2004. Firmenich again posted industry-leading sales growth for the fiscal year ended June 30, 2004. Annual turnover reached CHF 1,976 million, representing a sales increase of 6.6% in local currencies and 4.1% in Swiss Francs.

Chemistry and Technology of Flavors and Fragrances - Nov. 2004, released by Blackwell Publishing. Edited by David Rowe. Contributors include David J Rowe, Neil C. DaCosta and Sanja Eri, Liam O’Hare and John Grigor, Michael Zviely, Simon B. Jameson, Philip Kraft, John Margetts, Mark L. Dewis, Chris Winkel, Luca Turin, David Baines & Jack Knights, Stephen J. Herman

Technology Flavors & Fragrances Inc. - May 17 - Nautic Partners portfolio company FFG Industries Inc. has agreed to buy fellow flavor and fragrance company, publicly traded Technology Flavors & Fragrances Inc. FFG said that it has agreed to pay $1.55 per Technology Flavors share. The company has about 12.8 million shares outstanding. The announcement follows a November 2004 decision by Technology Flavors' board to appoint a special committee to investigate potential acquisitions, joint ventures or mergers to "maximize shareholder value." Nautic bought FFG from private equity firm The Jordan Co. in June 2004. The price of that deal was not disclosed. Based in Somerville, N.J., FFG manages three companies: Aromatech Inc., also based in Somerville; International Fragrance and Technology Inc., based in Canton, Ga.; and Key Essentials Inc., based in Rancho Santa Margarita, Calif. The deal for the small flavour house that, with under one hundred employees, posted $16 million (€12.6m) in sales last year, is due to close by mid-June.

Senomyx Receives GRAS Determination for Savory Enhancers - LA JOLLA, CA, March 3, 2005 – Senomyx, Inc. (NASDAQ: SNMX) announced today the company has been notified by the Flavor and Extract Manufacturers Association (FEMA) that its savory enhancers S807 and S336 have been determined to be Generally Recognized As Safe (GRAS) under the provisions of the Federal Food, Drug and Cosmetic Act. See Also

Frutarom 2004 Sales - Haifa, Israel - March 24, 2005. Frutarom’s sales in 2004 totaled US$ 196.8 million, a 41.2% increase compared with 2003, when sales reached US$ 139.3 million. Gross profit during the period rose by 49.1% to reach US$ 74.3 million compared with US$ 49.9 million last year. Gross margin grew from 35.8% to 37.8%. Operating profit grew sharply by 75.2% to US$ 22 million compared with US$ 12.6 million in 2003, while operating margin improved to 11.2% compared with 9.0% last year. Net profit grew significantly by 96.1% to US$ 15.8 million compared with US$ 8 million in 2003. Net margin also grew from 5.8% in 2003 to 8.0% in 2004. Frutarom's 2004 Annual Report includes a detailed market analysis of the F&F industry.

2,4-Pentanedione to be removed from EC Register list - March 2, 2005 - The Scientific Panel on Food Additives, Flavourings, Processing Aids and Materials in Contact with Food (AFC) of the European Food Safety Authority (EFSA) has found that pentane-2,4-dione, did not pass the initial steps in the screening process due to safety considerations. The AFC Panel has therefore advised that its use as a flavouring substance is not acceptable on safety grounds. The European Commission has since proposed that this substance be removed from the Register of flavouring substances used in or on foodstuffs to the Standing Committee on Food Chain and Animal Health which has given a favourable opinion. It was found to be genotoxic (i.e. that it can damage DNA, the genetic material in cells) both in vitro and in vivo. The AFC Panel therefore advised that, based on current evidence, its use as a flavouring substance is not acceptable on safety grounds. The European Commission has since proposed that this substance be removed from the Register of flavouring substances used in or on foodstuffs.

Givaudan 1st Quarter 2005 Sales - Geneva, Switzerland, 8 April 2005. In the first quarter 2005, Givaudan recorded sales of CHF 668.7 million resulting in a decline of 1.6% in local currencies and 4.7% in Swiss francs, compared to the same period in 2004. The Fragrance division recorded first quarter sales of CHF 273.1 million which represents a growth of 0.8% in local currencies and a decline of 1.9% in CHF. The Flavour division recorded first quarter sales of CHF 395.6 million which represents a decline of 3.2% in local currencies and 6.5% in CHF, reflecting the strong comparables from 2004. In addition, sales were affected by lower prices for naturals such as citrus and vanilla, as well as the streamlining of non-core ingredients related to the former FIS portfolio.

Takasago - 3d Quarter Sales - February 14, 2005. Takasago sales for the first 3 quarters (April-Dec.) were 77,049 million ¥, up 5.3% from prior year. Operating profit increased 44% to 5,089 million ¥.

Frutarom Industries Ltd. - 3 February 2005, announced today the successful pricing [Offer Price of NIS 33.50 per Ordinary Share and US$ 7.63 per GDR] of its offering of ordinary shares ( Ordinary Shares ) and global depositary receipts ( GDRs ) to qualified international investors (the Offering ). Application has been made for admission of the GDRs to the official list of the UK Listing Authority and to trading on the London Stock Exchange plc s market for listed securities ( London Admission ).of ordinary shares ( Ordinary Shares ) and global depositary receipts ( GDRs ) to qualified international investors (the Offering ). Application has been made for admission of the GDRs to the official list of the UK Listing Authority and to trading on the London Stock Exchange plc s market for listed securities ( London Admission ).

Symrise - Holzminden, February 11, 2005 -Gerold Linzbach to become new CEO of Symrise. Dr. Gerold Linzbach has been appointed new CEO of Symrise, effective March 1, 2005. He will replace James D. Forman, who successfully led the company through its final phase of integration following its creation by the 2002 merger of the companies Dragoco and Haarmann & Reimer. Forman is leaving the company by mutual agreement. 48-year-old Linzbach has an excellent knowledge of business development and was previously president of Invista Resins & Fibers (formerly Kosa) in the United States. Before that, he held various key positions in the management of Trevira Technical Fibers and Celanese Acetate LLC and was a member of the pro forma board at Aventis Pharma. He is highly qualified for his new position due to his experience in these various management positions, his knowledge of the strategic realignment of companies and his background in the planning and implementation of reengineering initiatives. Dr. Linzbach holds a doctorate in chemistry.

drom Opens New CHINA Fragrance Plant in Style - Early in December 2004, only 35 weeks after the construction of drom’s subsidiary had started, the official opening ceremony of the new state-of-the-art manufacturing facility and service center in Guangzhou, China, took place. Managing partners Dr Ferdinand Storp and Dr Andreas Storp were joined by their father Dr Bruno Storp in welcoming a host of local and international dignitaries. Read more at droms website (in their "News" section.

Symrise - Job Cuts & Major investments, Holzminden, November 16, 2004 - Symrise, the fourth largest manufacturer of flavors, fragrances, cosmetic ingredients and aroma chemicals, will invest up to 46 million Euros in Germany in the next three years. Symrise has been working since the beginning of the year to optimize several of its core processes to be more closely aligned with client preferences and to improve overall efficiency. In conjunction with the works council, the executive board has passed a series of measures to increase the competitiveness of the company's German production sites. The main aspects of the new measures are an increase from a 37.5-hour work week to a 40-hour work week without wage increases and a salary freeze for the next two years. These measures apply to company employees in Germany, including management and the Executive Board.

Quest Helps Develop 'Artificial Throat' to Study Flavour Release - November 2004

Rhodia PPA, Lyon, Nov. 1st, 2004 - announces an average price increase of 40% on its salicylic acid and 30% on its Rhodiaflor™ salicylates range which includes methyl salicylate, benzyl salicylate, hexyl salicylate, isoamyl salicylates and oxoamyl salicylate. This price increase is effective from 1st November 2004 where contracts permit. Although Rhodia PPA continues to pursue cost reductions and productivity improvements, these measures are not sufficient to compensate for the dramatic cost increases for key raw materials, energy, and transport. In particular, the continued historically highs benzene levels, combined with escalating costs for key alcohols, force Rhodia to implement this price revision to achieve acceptable profitability levels to ensure long term product supply to our customers.

Frutarom, October 24, 2004- announced that following the successful completion of the consultation process (by IFF) with the employees works council in France to close the site in Dijon and sell the Fruit Preparations business to Frutarom, Frutarom expects to acquire within the next several days the Fruit Preparations (Food Systems) activity in France, thereby completing the acquisition of IFF's Fruit Preparations business in Europe. The activity to be acquired in France comprised 30% of IFF's European fruit preparations business in 2003. In May, Frutarom announced that it had signed a letter of intent with IFF to purchase IFF's Fruit Preparations business in Europe. In August, Frutarom completed the first stage of the transaction with the acquisition of the business in Germany and Switzerland, which is conducted at two modern production sites in Emmerich, Germany and Reinach, Switzerland. The activity acquired in Germany and Switzerland comprised 70% of the European fruit preparations business. For more information, please visit their website www.frutarom.com.

Degussa to exit from food ingredients business? - October 13, 2004

Richard Axel and Linda Buck Awarded 2004 Nobel Prize in Physiology or Medicine, October 4, 2004 - The Nobel Assembly at the Karolinska Institute announced this morning that the 2004 Nobel Prize in Physiology or Medicine was awarded to Richard Axel, an HHMI investigator at Columbia University College of Physicians and Surgeons, and Linda Buck, an HHMI investigator at the Fred Hutchinson Cancer Research Center. The scientists were honored for their discoveries that clarify how the olfactory system works. For additional information, click HERE.

Handbook of Olfaction and Gustation, 2d Ed. (RL Doty, Ed.), NY: Marcel Dekker, 2003, 1200+ pages, is now available (which is the largest book ever compiled on the chemical senses). This book is available through Sensonics or through Dekker.

IFF - October 1, 2004 - IFF’s James H. Dunsdon named Chief Operating Officer. International Flavors & Fragrances Inc. announced today that it has named James H. Dunsdon to the newly created role of Chief Operating Officer, effective immediately. In this capacity, Jim will have global responsibility for all aspects of IFF’s sales, business development, regional management and operations and will continue to report to Chairman and Chief Executive Officer Richard A. Goldstein.

Symrise - September 24, 2004 - Kathy Cullin to lead the Fine Fragrances business unit at Symrise. Effective September 20, 2004, Kathy Cullin has been appointed President of the Global Fine Fragrances business unit at Symrise. She was previously President Fine Fragrances USA located in New York. With this new assignment, she is responsible for the international development of the fine fragrance sector and will report directly to Tim Schaffner, global president of the Fragrances Division

Givaudan - effective October 1st 2004, Dr. Markus Gautschi has been appointed Global Head of Fragrance Research succeeding Dr Georg Frater, who will retire at the end of September, 2004. Dr. Frater started his career with Roche/Givaudan in Dübendorf in 1970. He was promoted to Head of Fragrance Research in 1999. For the last 12 years he also held a teaching assignment in Chemistry at the University of Zürich where he was awarded the title of professor. He is the current President of the Swiss Chemical Society. After his retirement, Dr. Frater will continue to assist Givaudan as a Senior Scientific Advisor, particularly in fostering new research co-operations.

Dr. Gautschi joined Givaudan Corporate Research in 1995 and has a doctorate from the ETH Zurich in organic chemistry. In 1999, he took over the responsability of the Fragrance Chemistry Research Department in Dübendorf.

RHODIA appoints A.C.S International as its distributor in Germany - Lyon, August 26th 2004 - Rhodia PPA's Flavours and Fragrance Division is pleased to announce the appointment of A.C.S. International as its distributor for Germany. The distribution agreement was signed at the recent World Perfumery Congress in Cannes and takes effect from the 1st of July 2004. Sebastien Meric, Global Business Director, said : "We are delighted to welcome A.C.S. International to our team and to complete our European distribution network with an excellent partner having an extensive knowledge of the F&F market. We believe they will be a great asset to Rhodia and allow us to make significant inroads into the German and other key markets". A.C.S.International was founded on May 1, 2004 by Dr. Horst Finkelmeier (a German national) and Michel Specklin (a French national), two former senior managers of H&R/Symrise

Frutarom reports record growth, Frutarom’s sales in the second quarter 2004 totaled US$ 44.6 million (NIS 202.9 million), a 38.0% increase compared with the same period in 2003. Frutarom’s sales for the first half of 2004 totaled US$ 88.5 million (NIS 399.0 million), a 46.3% increase compared with the same period in 2003.

Givaudan Half Year 2004 Results - In the first half of 2004, Givaudan continued to outgrow the market. Sales grew by 3.2% in local currencies and 1.5% in Swiss Francs. Excluding sales of discontinued fragrance ingredients, group sales growth reached 5.5% in local currencies and 3.7% in Swiss Francs. Flavour sales grew by 5.4% in local currencies and 3.6% in Swiss Francs. All regions and all segments showed a positive trend. Excluding discontinued ingredients, Fragrance sales grew by 5.8% in local currencies and 4.0% in Swiss Francs, substantially above market growth.

IFF Half Year 2004 Results - in the first half of 2004, IFF reported sales of $1,059 million (compared to $948 million in 2003), an increase of 11.6%. Worldwide net sales for the second quarter of 2004 totaled $524.2 million, increasing 9% in comparison to the prior year quarter. Reported sales for the 2004 quarter benefited from the strengthening of various currencies in relation to the U.S. dollar; had exchange rates remained constant, sales for the second quarter 2004 would have increased 5% in comparison to the prior year quarter.

Quest's Half Year 2004 Results - in the first half of 2004, Quest's sales were 315 £m compared to 349 £m for 2003. Quest’s Food Ingredients business was sold on 30 April 2004. “Comparable” performance percentages therefore exclude the prior year results of the Food Ingredients business from May onwards. Excluding the Food ingredients business, sales increased 2% for the half year.

Firmenich Flavor and Fragrance Science Award 2004 - Geneva, June 4, 2004 - The Award Committee is pleased to announce that the winner of the Flavor Award 2004 is Andrea Karin Büttner (Dr. rer. nat.) of the Technical University Munich. Dr. Büttner, a 33 year old food chemist, with over 32 scientific publications, most of which as the first author, has made original and important contributions to various areas of flavor and food science. One of the most recent highlighs of her scientific work is the development of the "Buccal Odor Screening System (BOSS)" to determine odor-active compounds in the mouth after swallowing (after-odor). In addition to a personal cheque of € 10'000.- the winner has received an invitation to visit Firmenich's headquarters in Geneva and to present her work during a major forthcoming scientific meeting.

The IFEAT Conference 2004
- "The Essential Oils of the Mediterranean Region" and "International Developments in Aroma Chemicals and Industry Legislation" will take place October 24-28 at the Four Seasons Hotel The Ritz in Lisbon, Portugal. For further information please contact Louise Kapor at the IFEAT Secretariat, tel: +44 20 7836 2460, fax: +44 20 7836 0580, email: secretariat@ifeat.org

Rhodia announces a price increase on its Rhodiaflor™ salicylates range - Lyon, May 13th, 2004 -- Rhodia PPA announces an average price increase of 10% on its Rhodiaflor™ salicylates range which includes benzyl salicylate, hexyl salicylate, isoamyl salicylates and oxoamyl salicylate. This price increase is effective from Ist May 2004. Continued high raw material costs particularly for key alcohols, which Rhodia has previously absorbed through plant optimisation and supply chain efficiencies, rising logistics and transport costs, and now benzene prices at historical highs force this price revision to achieve acceptable profitability levels to ensure a long term viable business.

Givaudan 2003 Sales - Geneva, Switzerland, 2 March 2004. In 2003 Givaudan recorded sales of CHF 2,715 million, resulting in an increase of 9.0% in local currencies and 1.5% in Swiss Francs. On a comparable basis, as if the FIS acquisition had occurred on 1 January 2002, sales increased by 4.2% in local currencies.

Symrise - Andrei Mikhalevsky appointed to Global President Flavors Division . Andrei Mikhalevsky has been appointed new Global President Flavors Division, effective March 23, 2004. He will be located in Teterboro, NJ/USA. He follows Daniel E. Stebbins, who has decided to leave Symrise.

IFF - 2003 Results, Sales for the year ended December 31, 2003 totaled $1,901.5 million, increasing 5% in comparison to the prior year. Sales for 2002 included $9.4 million attributable to non-core businesses that the Company disposed of during 2002; excluding such sales from the 2002 results, 2003 sales increased 6% in comparison to the prior year. Reported sales for 2003 benefited from the strengthening of various currencies, most notably the Euro, the Japanese Yen, the Pound Sterling and the Australian dollar, in relation to the U.S. dollar; had exchange rates remained constant, 2003 sales would have declined approximately 2% in comparison to the prior year as reported. Net income for 2003 decreased 2% in comparison to the prior year. Excluding the impact of restructuring and other charges in both years, 2003 net income increased 9% in comparison to the prior year. Gross margin on sales in 2003, as a percentage of sales, declined in comparison to the prior year, primarily due to the weak sales performance in the higher margin fine fragrance business. Earnings have been sustained by the Company's ongoing cost-cutting efforts and by reduced interest expense

 T. Hasegawa Co. Ltd. - record sales and profits in 2003. T. Hasegawa has reported record sales of 46,465 million yen and record net income of 3,270 million yen for the year ending September 2003.

Firmenich Annual Results, Geneva - For the year ending June 30, 2003, Firmenich reported sales of CHF 1.9 billion, which represents an increase in local currencies of 9.5% over 2002. The strength of the Swiss franc against most of the world’s currencies affected reported growth, and brought results to + 0.3% in CHF over the prior year. Notably, the flavor division had sales growth in local currencies four times faster than the market, while the Perfumery Division posted a double-digit sales increase in local currencies in a market that is basically flat. Chemicals reported high single-digit sales growth in local currencies.

 drom celebrates 20 successful years in Australia - During November 2003 drom celebrated 20 successful years in Australia.
The Australian journey for drom began in 1983 on Sydney's northern beaches with only 3 employees to develop and promote the Australian market. Today this base has expanded to encompass Australia and New Zealand and 8 countries in Asia.
The 2003 Australian facility includes creative perfumery, applications laboratory, a professional team of fragrance evaluators, and a progressive marketing department. All departments work closely with equivalent departments at drom head office, Munich, Germany.
To supply the Asian sector of this market more efficiently drom is building a fully automated fragrance compounding facility in Guangzhou, China, which will be operational in August 2004.
A highlight of the Jubilee to celebrate twenty dynamic and successful years in Australia was drom's magnificent display of 140 unique and priceless fragrance flacons selected from 2500 pieces permanently exhibited at the inimitable flacon gallery at drom headquarters in Munich.

Cargill to Acquire The Duckworth Group - COBHAM, UK – 8 October 2003 – Cargill intends to purchase The Duckworth Group, a leading British flavour company that serves the food and beverage industry. The two companies have reached an exclusive arrangement and intend completing the acquisition by the end of 2003.

 Belmay Fragrances Ltd Acquires The Independent Fragrance Company, Ltd., UK - July 11, 2003. Ted Kesten, President and CEO of Belmay, has announced that Belmay Fragrances Ltd, UK has agreed to acquire all the issued and outstanding shares in The Independent Fragrance Company, Ltd. of Northampton, UK, a privately-owned multinational fragrance manufacturer. Belmay, headquartered in New York, is a full service multinational fragrance and flavour manufacturer with 11 strategic global locations serving customers in 40 countries. Belmay supplies fragrances and flavours for key branded and private label consumer products. The Independent Fragrance Company has considerable international presence in the Far East and Eastern Europe, two areas where Belmay will strategically strengthen its overall position and service to its customer base. Belmay's acquisition includes The Independent Fragrance Company's existing fragrance businesses in the UK, Poland, the Pacific Rim countries of Thailand, Taiwan and Vietnam as well as their manufacturing sites in Northampton, UK; Hong Kong and Guangzhou, China. Belmay Fragrances Ltd. currently services the Pacific Rim through its office and laboratory in Singapore.

Leipzig Miltitz Duft und Aroma GmbH - new website. This is a must see site for anyone interested in the history of the flavor & fragrance industry and its resurrection in Leipzig.

Frutarom Industries Ltd. acquires Emil Flachsmann AG - 16 June 2003, Frutarom Industries Ltd., through its subsidiary Frutarom UK, has agreed to buy Emil Flachsmann AG, a leading Swiss company in the production of high-quality flavours, pharma-grade plant extracts as well as extract-flavour compounds and applications for the food and pharmaceutical industries. Flachsmann, a privately-owned Swiss company with headquarters in Wädenswil, is a company with over 65 years of experience. The Flachsmann worldwide network includes plants in Switzerland, Canada and Scandinavia as well as marketing and sales offices in Germany and Hungary.

Kao Agrees to Acquire Fragrance & Specialties Business from Cognis of Germany - March 17, 2003; The acquisition amount is 36 million euro (equivalent to approximately US$38.8 million, exchange rate: US$1 = 0.93 euro). The acquisition procedure is expected to be completed in April 2003. Including the net sales of Cognis’ fragrances and specialties business in FY2001 at 30 million euro (equivalent to approximately US$32.4 million), Kao’s consolidated net sales from this business field will amount to the level of 15 billion yen (equivalent to approximately US$126.7 million).

Symrise - In 2002, the combined companies (of the 2002 merger of Dragoco and Haarmann & Reimer) generated sales of € 1.24 billion. This represents a 3.2-percent rise in sales year on year in local currencies. Expressed in the reporting currency (euros), sales were up moderately from the previous year. This sales growth was generated, in particular, in the flavor segment, where sales rose by 6.2 percent, as well as by the regions of Europe (+ 6.1 percent) and South America (+ 7.5 percent). The fragrances and aroma chemicals/cosmetics segments also posted higher sales growth year on year. Symrise employs a total of some 5,800 people worldwide, including 2,800 in Germany.

Degussa Flavors & Fruit Systems, March 4, 2003 - Business trends were sluggish after an extremely good performance in previous years. Sales were down 6 percent year-on-year at €223 million and EBIT declined substantially. Fruit Systems in particular suffered the effects of price pressure and a clear drop in demand. The weaker dollar also reduced sales and earnings as the USA accounts for about 75 percent of business.

Quest International 2002 Sales - were £ 716 million, down 1.5% from 2001.

Givaudan Results 2002 - Geneva, Switzerland – 5 March 2003 – In 2002 Givaudan recorded sales of CHF 2.7 billion, resulting in an increase of 18.2% in local currencies and 11.4% in Swiss Francs compared to 2001. These figures include sales of the acquired FIS, Nestlé's flavour business, as from May 2002. On a comparable pro forma basis – as if the FIS acquisition had occurred on 1 January 2001 - Givaudan maintained its healthy growth with a 6.1% sales increase in local currencies, clearly outgrowing the market.

Sensient Technologies Flavors & Fragrances Group (Feb. 14, 2002) has reported 2002 sales rose by 8.8% to $572.2 million; however as about 27% of these sales are in dehydrated onion, garlic, chilies & vegetables, we estimate that "conventional" 2002 F&F sales were about $418 million (up about 7.5% from 2001).

Dragoco and Haarmann & Reimer become Symrise - February 21, 2003, The two Holzminden-based fragrance and flavor producers Dragoco and H&R now have a new name: The future now belongs to "Symrise" - because in the future, this global player will be doing business under this new name throughout the world, and that also includes the Internet. The Web address for the new joint corporate website containing the latest information is www.symrise.com. For the time being, the former Internet sites of Dragoco and H&R will continue to remain available under their former domain names.

Firmenich International SA - February 17, 2003 - Mr. Heinz IMHOF, to join the Board of Directors

International Flavors & Fragrances - New York, N.Y., January 27, 2003 - reported fourth quarter and full year 2002 results in line with expectations. Fourth quarter 2002 sales totaled $424.3 million, an increase of 5% over comparable 2001 sales of $405.6 million excluding $13.6 million of sales attributable to non-core businesses disposed of by the Company. Sales for the full year 2002 totaled $1,809.2 million, increasing 2% over comparable 2001 sales of $1,774.5 million excluding $69.3 million of sales attributable to non-core businesses disposed of by the Company. Sales for the full year 2001 as reported were $1,843.8 million.

T. Hasegawa Co., Ltd - has reported 2002 consolidated net sales of 45196MM ¥, an increase of 6.4% over 2001 with net income of 3229MM ¥, up 21.5%.

Firmenich (Nov. 20, 2002), the world's largest privately-held flavor and fragrance company, today announced the acquisition of BjØrge Biomarin AS, the leading European producer of natural seafood extracts. Established in 1988, the Norwegian company will continue to be managed by its founders and former owners, Jan and Oddvar BjØrge and will operate under the name of Firmenich BjØrge Biomarin AS. Its main production facility is located in Aalesund, the center of the Norwegian fishing industry. "The acquisition of Biomarin will provide Firmenich with first hand access to natural seafood extracts, contributing significantly to the range of high quality natural ingredients available to our flavorists. This will allow us to develop superior products for our clients and reinforce our leading position in the Industry", said Mr. Patrick Firmenich, Chief Executive Officer of Firmenich. "The pooling of technical expertise and resources will further strengthen our culinary application capabilities to meet the demands of consumers worldwide".

Firmenich - sales for the financial year ending June 30, 2002 increased in local currencies by 3.4 % – the twelfth consecutive year of growth, at the same time gaining market share at the expense of most of their competition. During the same twelve months, the value of the Swiss Franc increased against all major currencies, resulting in a flat year at 1.9 billion in Swiss francs.

How safe is cinnamon spice? - 15 November 2002. The popular spice cinnamon contains cinnamaldehyde, a compound that may be toxic to human cells, says Peter O'Brien, a leading pharmacologist. He is calling for a thorough risk assessment of the spice, particularly in view of its widespread use in both foods and cosmetics. O'Brien, a researcher at the University of Toronto, is due to publish his results in the December issue of Chemico-Biological Interactions.

News Flash - Nov. 2, 2002 -Fire at Quest, The research building of Quest in Naarden, built approx. 30 years ago, has been reported as being on fire since 9 AM this morning. People in the area have been advised to keep windows closed because of smoke and fumes.

Update on Quest fire - Nov. 4th, Apparently the R&D building in Naarden is a total loss, but no injuries have been reported. As much of the technical information is stored on off-site servers, the task ahead is mainly to rebuild laboratory capability as rapidly as possible. Although it is planned to rebuild a new R&D building, R&D will be setting up in temporary space for the immediate term.

Merger of H&R and Dragoco under EQT´s lead now set - October 1, 2002.

Munich/Holzminden, July 17, 2002 - EQT Northern Europe Private Equity Funds (EQT) have signed an agreement with Bayer to acquire the world's fifth largest manufacturer of flavors and fragrances, Haarmann & Reimer. EQT will, at the same time, acquire shares in the competitor Dragoco and the two Holzminden-based manufacturers of flavors and fragrances, Haarmann & Reimer and Dragoco, will subsequently be merged into a new company, operating under a new name.
EQT will have a controlling stake of 76% in the new company. In addition, Dragoco CEO Horst-Otto Gerberding will hold a 22% stake and NordLB a 2% stake. The merger is subject to approval by the cartel authorities.
The merger will create a company with sales of EUR 1.245 billion, which will join the ranks of the top industry players. The CEO of Dragoco, Horst-Otto Gerberding, will head the new company. Lambert Courth, President and CEO of Haarmann & Reimer, will return to Bayer after the conclusion of the transaction in order to assume new responsibilities there. The merged company will have 5800 employees at some 30 production facilities around the world. The headquarter will remain in Holzminden.
Both Haarmann & Reimer and Dragoco are successful global players in the areas of fragrances and flavor compositions, aroma chemicals and cosmetic ingredients. The new company will have a market share of approximately 11% of the EUR 11 billion global market. The merged company will seek to considerably expand its global position. The broadened product portfolio and strengthened R&D resources are among the most important growth factors.
EQT is acting as a catalyst in this process to support the growth strategies of two competitors.
"The merger will bring together complementary structures and resources in a new company that will combine Haarmann & Reimer's high technological standards and proven strengths in the field of R&D with the creativity and innovativeness of Dragoco. As a result, the new company will be in a better position with large customers in the food, perfume and cosmetic sectors," emphasized Horst-Otto Gerberding, CEO of Dragoco.
"EQT is proud to be the catalyst in the merger of these two successful companies. Both Haarmann & Reimer and Dragoco have had growth rates above industry average over the past years and EQT looks forward to support a continuous growth path for the new company." says Udo Philipp, partner at EQT Partners, the investment adviser to the EQT Funds.
The H&R Group (www.haarmann-reimer.com) is a global player in the sector with companies on all five continents and a total of 3,800 employees. In 2001, the H&R Group reported sales of EUR 872 million.
The Dragoco Group (www.dragoco.com) is a global company with more than 2,000 employees. Sales in 2001 were EUR 372 million.
EQT (www.eqt.se) is a group of private equity funds with equity commitments exceeding EUR 3 billion and is sponsored by Investor AB, the publicly listed holding company of the Wallenberg group. EQT Partners, acting as investment advisor to all EQT funds, has offices in Stockholm, Copenhagen, Helsinki and Munich. The business concept of EQT is realised by acquiring and developing high-quality medium sized companies in Northern Europe. EQT serves as an active owner and works in close co-operation with the management of the companies it acquires, to develop and implement value-enhancing strategies.
Further information is available from:
Mr. Udo Philipp, Partner, EQT Partners GmbH at +49 89 25 54 99 22
Mr. Hans Moock, Partner EQT Partners GmbH at +49 89 25 54 9920
Mrs. Caroline Rosén Partner, IR & Communication, EQT Partners AB at +46 70 589 00 37

Givaudan's Head of Fragrance Research Appointed to Professorship at the University of Zurich - July 8, 2002 - Givaudan is pleased to announce that Dr. Georg Frater has been appointed as professor to the Mathematics and Natural Science Faculty of the University of Zurich. This appointment is in recognition to the many years that Georg has worked with the university to promote science and teaching in a private capacity. Givaudan Research and Development departments work closely with many universities around the world and this appointment demonstrates the importance that the company accords to academic research. The links with the University of Zurich go back to Leon Givaudan, who studied there in 1895; the same year the brothers started a small laboratory in Zurich, before founding the company in Vernier (Geneva, Switzerland).

 Neotame approved as general-purpose sweetener - July 5, 2002, FDA announces its approval of a new sweetener, neotame, for use as a general-purpose sweetener in a wide variety of food products, other than meat and poultry. Neotame is a non-nutritive, high intensity sweetener that is manufactured by the NutraSweet Company of Mount Prospect, Illinois.

Ungerer & Company - May 25, 2002, Introduces a New Web site

Patrick Firmenich to succeed Pierre-Yves Firmenich as CEO of Firmenich - Geneva, May 22nd 2002 - Firmenich, the world's largest privately owned flavors and fragrance company, announced today that Mr. Pierre-Yves Firmenich, Chief Executive Officer since 1989, will retire effective July 1st , 2002. He will be succeeded by Mr. Patrick Firmenich, his nephew and the son of Mr. Fred-Henri Firmenich, the former Chairman of the Board. Patrick Firmenich represents the 4th generation of the Firmenich family, which has controlled the Company for 107 years. During Pierre-Yves Firmenich's tenure as Chief Executive Officer, Firmenich has continuously posted above-average industry growth. During those 13 years, sales have increased more than three-fold to reach a level of CHF 2.0 billion.

Firmenich Flavour Award 2002 - Dr. Thomas Hofmann of the Deutsche Forschungsanstalt für Lebensmittelchemie has received the 2002 Firmenich Flavour Award. Dr. Hofmann, a 34 year old flavour chemist, with already over one hundred scientific publications, has made important contributions in nearly fields of food flavour research, opening many new avenues for future investigations. Recently, Dr. Hofmann discovered a new class of cooling compounds in dark beer malt. In addition to a personal check of € 10'000, the winner has received an invitation to visit Firmenich's headquarters in Geneva and to present his work during a major forthcoming scientific meeting.

Robertet 2001 Sales Results - Robertet has reported year 2001 sales of 203.1 million euros, a 13.9-percent rise over 2000's 178.3 million euros.

Perlarom - (Brussels, May 7, 2002) - Danisco has reached an agreement with the shareholders of Perlarom to purchase the Belgian based flavour house and all its subsidiaries.

drom Fragrances International has received an award for being one of the Top 100 innovative medium-sized companies in Germany for 2002.

Vanilla Turmoil - The Economist (Apr 18th 2002) has posted a story on the world vanilla market.

Olfactory receptor gene superfamily of the mouse - January 2002 - Stuart Firestein with Xinmin Zhang at Columbia University have identified the mouse OR genes from the nearly complete Celera mouse genome by a comprehensive data mining strategy. They found 1,296 mouse OR genes (including 20% pseudogenes). Human ORs cover a similar 'receptor space' as the mouse ORs, suggesting that the human olfactory system has retained the ability to recognize a broad spectrum of chemicals even though humans have lost nearly two-thirds of the OR genes as compared to mice.

IFF 2001 Sales - New York, N.Y., January 28, 2002 --- International Flavors & Fragrances Inc. reported that full year 2001 sales totaled $1,843.8 million in comparison to pro-forma and reported sales of $1,880.6 million and $1,462.8 million for the full year 2000, respectively. On a full year basis, local currency sales increased 1% although these gains were unfavorably impacted on translation into the stronger U.S. dollar, resulting in a 2% decrease in reported sales in comparison to 2000 pro-forma results.

Givaudan to acquire FIS, Geneva, 18 January 2002. Givaudan SA, Vernier, has signed an agreement with Nestlé SA, Vevey, to acquire its flavour activities, operating under the umbrella of Food Ingredients Specialities (FIS). FIS headquartered in Châtel-St-Denis (Switzerland) with sales of about CHF 400 million (U.S. 241 million) per year. The acquisition is still subject to regulatory approval in several countries. "With this combination Givaudan implements its strategic goal of further strengthening its core business in order to become the undisputed leader in the flavour and fragrance industry."

 
Coca-Cola New York delivery truck, September 11, 2001
May God bless all who perished & all who mourn

IFF - 3d Quarter 2001 Results , IFF, Oct. 25, 2001- reported sales for the third quarter 2001 totaling $462,719,000 in comparison to reported sales in the third quarter 2000 of $339,591,000 (IFF alone) or $459,804,000 on a pro-forma basis of the combined (IFF & BBA) Companies. Earnings rose to $39.2 million, or 41 cents a share, from $33.7 million, or 34 cents a share, in the year-ago period, excluding unusual items. IFF closing stock price on October 24, 2001 was $27.32 compared to $15.69 on October 24, 2000.

6th World Perfumery Congress, 2001 - the 6th World Perfumery Congress will be held at the Palais des Festivals de Cannes, May 29 - June 2, 2001
Givaudan Regains No. 1 Status in 2000 and 1st Q. 2001 sales up 5%.

IFF And Aerome Form Strategic Alliance
New York and Düsseldorf, Germany (March 20, 2001) – International Flavors and Fragrances Inc. and aerome AG Scent Communication Group of Düsseldorf Germany announced today that they have entered into a strategic alliance under which they are jointly developing flavor & fragrance delivery technologies and devices that deliver new scent experiences to consumers.

IFF - Jan 29, 2001 - International Flavors & Fragrances Inc. (NYSE:IFF), said on Monday that its fourth-quarter net income, excluding non-recurring charges and the Bush Boake Allen acquisition, fell 37 percent as flavor sales in North America were weak. Net income, excluding charges and BBA, fell to $24.6 million, or 25 cents a diluted share, from $38.9 million, or 37 cents a share, in the year-ago quarter. Fourth quarter net sales, excluding BBA, fell to $318.6 million from $336.0 million a year ago. Including BBA and excluding charges, the company earned $17.1 million, or 18 cents a share in the fourth quarter.
Based on first 9 months 2000 SEC Filings and this announcement, we estimate that IFF year 2000 sales were $1396.9 million, down 3% from 1999 and net income ,excluding BBA and non-recurring charges, was $157.2 million , down 16.9% from a comparable $189.2 million in 1999. * IFF Sales comparisons for year 2000 do not include Bush Boake Allen. Consolidated Sales for the full year 2000 totaled $1,462,795,000 - IFF acquired Bush Boake Allen ("BBA") effective November 3, 2000, and the BBA operating results are included in the Company's consolidated results from that date.

Fragrance Industry Endorses DigiScents Technology - December 4, 2000 - DigiScents, Inc. announced today that it has raised an undisclosed amount from fragrance industry leaders Switzerland-based Givaudan and Netherlands-based Quest International, a wholly owned subsidiary of ICI Plc. The deal grants the two companies an equity stake in DigiScents and status of preferred fragrance suppliers. Details of the alliance were not disclosed.
Givaudan: "DigiScents is the most suitable partner for Givaudan to enter into promising new fragrance markets," states Jürg Witmer, CEO of Givaudan.
Quest: "This alliance illustrates the company's (Quest's) intent to be at the forefront of the rapid changes in the use of technology, and to exploit new market opportunities arising from the experience of fragrance by consumers in new situations," says Jean Pierre Houri, Group Vice President, Quest International, Fragrance Division.
(Note* - Dr. John C. Leffingwell of Leffingwell & Associates is a Scientific Advisory Board Member of DigiScents, Inc.)
Science Magazine, October 20, 2000 issue, NetWatch reviews the Leffingwell & Associates website. "A great place to sniff out smell lore ...". If you don't have an online subscription to Science, you can still access this review by using the "free" subscription application.
Firmenich, November 2000 - launches the Chemical Division On-line Compendium , containing their perfumery raw materials catalogue featuring over 100 chemicals and specialities with fragrance descriptions and uses.
Aurora Biosciences and Senomyx, November 1, 2000 - announced that they have signed an exclusive collaborative research and license agreement for the discovery of consumer products enhancing taste and olfaction.
Universal Foods Corp. - Nov. 6, 2000 - Announces New Identity as Sensient Technologies Corporation - Milwaukee--Universal Foods Corporation, a supplier of color, flavor and fragrance technologies and products, today announced its new name, Sensient Technologies Corporation (NYSE: SXT)."Today, we are a new company," said Kenneth P. Manning, Chairman, President and CEO..
Firmenich - October 12, 2000, reported record sales of almost 1.7 billion Swiss francs, an increase of 22 percent for the 12-month period ending June 2000.
Quest International - In the first half of 2000, Quest sales increased to 341 £m from 331 £m in 1999 (+4%) while profits were 55 £m compared to 49 £m in the 1st half of 1999 (+12%).
Givaudan - October 11, 2000, stated that sales rose by seven percent in the first nine months of the year to 1.80 billion Swiss francs. Fragrance sales rose four percent in Swiss francs and lost one percent in local currencies to 856 million francs. Flavours rose by 10 percent in francs and one percent in local currencies to 933 million.
Paris, September 27, 2000 - France Telecom and its partners experiment in diffusing smells over the Internet - In partnership with Germany's Ruetz Technologies and ISIPCA, France Telecom R&D has recently developed an experimental device for diffusing scents over the Internet. In real-time, via a local diffuser, the device enables the user to smell the aromas associated with the multimedia contents of a web site
September 25, 2000 - International Flavors & Fragrances to Buy BBA - International Flavors & Fragrances Inc. announced it would purchase Bush Boake Allen Inc. for $48-1/2 per outstanding share, or $970 million.
Sept. 6, 2000 - DigiScents, Inc. - DigiScents, Inc., the pioneer of digital scent technology, has announced its acquisition of SenseIT Technologies, Inc.
MCI Miritz Citrus Ingredients GmbH is pleased to announce the appointment of Pia Henzi as Managing Director of their NY office, MCI Miritz Citrus Ingredients LLC. MCI Miritz GmbH is headquartered in Kirchgandern, Germany where ultra-modern, high-tech facilities produce top quality citrus ingredients for the flavor industry. Tel: 845-988-9920/Fax: 845-988-9921; Email:pia.henzi@miritz.com
April 26, 2000 - IFF names Goldstein as Pres. & CEO - New York, NY, - Richard A. Goldstein Named Chairman and CEO of International Flavors & Fragrances brings a strong Record as Brand Builder and Strategist at Unilever; Pledges ‘To Capitalize on IFF’s Powerful Fundamentals’ International Flavors & Fragrances Inc. (NYSE: IFF) announced today that Richard A. Goldstein, President and Chief Executive Officer of Unilever United States, Inc., and President of Unilever North American Foods, will become Chairman and Chief Executive Officer of International Flavors & Fragrances effective June 1st.
IFF - now on the Web This is one of the industries best constructed sites. Follow the flavor or fragrance timelines to see what IFF has done in R&D since 1952. See the latest financials and download their annual report.

April 1, 2000 - Press Release - Joining Forces - Boelens Aroma Chemical Information Service (BACIS) (the Netherlands) and Leffingwell & Associates (USA) have announced a joint Marketing & Technical Assistance Agreement to assist their worldwide flavor, fragrance and food industry customers. By this agreement, both companies benefit by significantly expanding their software offerings and being able to provide increased technical support. BACIS products include (1.) VCF 2000 - Volatile Compounds in Food, (2.). ESO 2000 - The Complete Database of Essential Oils, (3.) Compilations of odour threshold values in air and water, (4.) PMP 98 - Database of Perfumery Materials & Performance, (5.) FRM 98 - The Complete Database of Flavour (Raw) Materials, (6.) PFC - Perfumes & Fragrances Classification database. Leffingwell & Associates products include (7.) Flavor-Base 98, (8.) Beverage-Master 2000 International, (9.) Juice-Master 2000 International and (10.) Additive-Master 99. Demos of these leading products and technical assistance can be obtained by contacting either Boelens Aroma Chemical Information Service (BACIS) (Ron Boelens [email: bacis@xs4all.nl; Tel/Fax: + 31 35 525 3558]) or Leffingwell & Associates (John Leffingwell [email: leffingwell@mindspring.com; Tel: + 1 770 8895111; Fax: + 1 770 8870089]).

For more information visit the web pages at http://www.leffingwell.com and http://www.bacis.com

Bayer to Sell H&R, Dec. 6, 2001 - the Supervisory Board of Bayer AG decided to restructure the company as a holding company. In connection with the resulting focus on its core businesses, Haarmann & Reimer will now be given the opportunity to effectively improve its market position through the acquisition by a suitable partner.

R&D Day in Dübendorf
The first ever Givaudan R&D day took place on 14 September 2001 in Dübendorf.

J.M. Smucker and IFF - Oct. 8, 2001- jointly announced an agreement in principle for Smucker to acquire IFF's formulated fruit and vegetable preparation businesses in the U.S. and Brazil. The IFF fruit prep businesses have combined annual sales of $28 million.

drom Fragrances - Munich, 3 October 2001, has posted growth of more than 20 percent in the first half of fiscal 2001. The increase includes gains in France, the United States, Middle-East and Asia-Pacific. Additional equipment has been added to the main production plant at the corporate headquarters to meet growing demand. The Sales and marketing departments are being expanded, adding new personnel. In the second half of 2001, the company will construct a New Jersey-based production plant.

Givaudan - Geneva, 14 August 2001. In the first half of 2001, Givaudan recorded CHF 1,259 million in overall sales resulting in a +5% increase in both Swiss Francs and local currencies compared to the same period in 2000. Operating profit rose to CHF 222 million (+6%) and net income in pro forma terms rose by 16% to CHF 149 million.

Quest International - For the 1st half 2001 sales increased 6% to 376£m from 341£m in 2000. Trading profits increased 5% to 60£m fron 55£m in the 1st half of 2000.

Senomyx (June 2001) -Scientists at Senomyx, Inc. have identified a set of 347 human olfactory receptor genes, which the Company believes represents substantially the complete set of functional receptors related to smell.; full article at Genome Biology

Dragoco - Double-digit increase in sales and market share growth in 2000. Group turnover in 2000 increased by 11% to 687.4 million marks (DM 619.5 in 1999). The group net income for the year improved from DM 14.3 million to 18.9 million. Going public no longer a strategic objective.

2001 Firmenich Flavour and Fragrance Science Award - to Dr. Peter Mombaerts (April 26, 2001)
Takasago International consultant Ryoji Noyori (also a Nagoya University professor) has won the 2001 Nobel Prize in chemistry. Sharing the honor with US chemists William Knowles and K. Barry Sharpless. Noyori has been recognized for his work on the chiral synthesis of l-menthol and chirally catalysed hydrogenation reactions.

Methyleugenol listed as known carcinogen, Nov. 16, 2001 - California's Office of Environmental Health Hazard Assessment (OEHHA) has placed methyleugenol on a list of chemicals known to cause cancer. The move is in conjunction with the Safe Drinking Water and Toxic Enforcement Act of 1986 (Proposition 65)

Technology Flavors and Fragrances Inc., November 20, 2001, TFF has agreed to merge with Belmay. On the date of the merger, Belmay stockholders will hold 75 percent of TFF common stock. Upon closing, TFF wi ll be renamed Belmay/TFF Inc. The new company will have combined sales of over $60 million.

Quest International, November 1, 2001, 3rd quarter results showed sales of 555 million £ for first nine months in 2001 compared to 520 million £ in 2000 (+6.7%).

Rhodia Perfumery and Specialties, October 24th 2001, announces today a price increase of around 10% for some of its Specialties products and Aroma chemicals. This price increase will be effective January 1st, 2002, with some differences according to the geographic zones.

Firmenich - Geneva, October 11, 2001 - announced that for the eleventh consecutive year the group reported record sales of 1.9 billion Swiss francs, an increase of 14% for the 12-month period ending June 2001. [Editors comment - Firmenich is now the 3d largest F&F company with an estimated market share of 10.7%]

Givaudan - Geneva, 11 October 2001. In the first nine months, Givaudan recorded sales of CHF 1'861.3 million compared to CHF 1'789.2 million in last year's period, representing a growth of 4.0% in Swiss Francs and 5.2% in local currencies.

Haldin - Natural Ingredients from Indonesia

Rhodia's new Rosilial Plus^TM - a chiral advance

Followers of fashion - Chemistry in Britain, Nov. 2002, To keep up with fashion trends, the flavour and fragrance industry is consolidating and spreading across the globe, as Emma Davies reports.

DuPont - Process for making terpenes from methane - In October 2002, Dupont researchers Deana DiCosimo, Mattheos Koffas, James Odom and Siqun Wang disclosed a process for the efficient biochemical synthesis of cyclic terpenes (e.g. limonene, cineole, beta pinene, etc.) using methane as the source material. The process employs a methanotrophic bacterium that has been genetically engineered to produce cyclic terpenoids. See US Patent Application No. 20020142408

Flavour Chemicals - Summary of Toxicology
Evaluations Performed by the Joint FAO/WHO Expert Committee
JECFA Flavouring Agents Database online
JECFA Food Additives Database online
Cooler than Menthol - Researchers in Germany have found a compound,

4-methyl-3-(1-pyrrolidinyl)-2[5H]-furanone, with much greater cooling power than menthol.
Takasago's New Patent - Process for producing isopulegol improves menthol production

Menthol via Lipase resolution

Menthol from Mesityl oxide via Piperitenone

1-Methoxyhexane-3-thiols - Characteristic impact compounds of Clary Sage Flowers (A Firmenich Discovery)

Taste - UNLOCKING THE SECRETS OF TASTE from Chemical & Engineering News - September 10, 2001. Need to be ACS member to access for free

Musées de Grasse - A Spectacular Tour of Perfume & Art

Grasse Institute of Perfumery

Rhodia - Perfumery Specialties - announces a price increase of around 10% for some of its Specialties products and Aroma chemicals.
GSB & Associates - Eugene Buday, long one of the world's premier flavorists, gives a concise view of "What is Flavor Creation?" Science, art, customer service and the background of a flavorist are discussed. A very nice site.
Nathaniel's Nutmeg - nutmeg formed the basis of one of the most bitter international conflicts of the 17th century, and was also intimately connected to New York City's rise to global preeminence. Strange but true: nutmeg was, in fact, one of the most prized commodities in Renaissance Europe, and its fascinating story is told in Giles Milton's delightful book, Nathaniel's Nutmeg. For those interested in the spice trade, this is it.

Luca Turin's Theory Gets Boost - December 28, 2006 - Turin's often maligned theory of olfaction (see Keller, A and Vosshall, LB. (2004), Nature Neuroscience 7:337-338) has recieved theoretical validation in principle from recent work by physicist Marshall Stoneham and his colleagues at University College London. They have constructed a specific mechanism based on the properties of so-called G-protein coupled receptors, which project from olfactory cells inside the nose. The researchers imagined that the odorant fits into a spot between a site that donates an electron and one that receives the electron. In this model, the receptor switches on when an electron hops from donor to acceptor. The group calculated that an electron could "tunnel" through the barrier imposed by the odorant, an effect made possible by quantum mechanics, they wrote in a preprint accepted for publication in Physical Review Letters. The key issue is whether the hopping rate with the odorant in place is significantly greater than that without it. The calculations show that odor identification in this way seems theoretically possible. But Horsfield stresses that that's different from a proof of Turin's idea. "So far things look plausible, but we need proper experimental verification. We're beginning to think about what experiments could be performed." See also The quantum mechanics of smell and Rogue theory of smell gets a boost. For stimulating (or infuriating) reading, depending on ones scientific point of view, also see Luca Turin's newest book, The Secret of Scent: Adventures in Perfume and the Science of Smell . This book, which is replete with numerous factual and typographical errors, continues his assault on those who do not agree with his theory (and that includes nearly every scientist in the flavor & fragrance industry).  

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.

Givaudan - Geneva, 23 November 2010 – announces the publication of Roman Kaiser's third book 'Scent of the Vanishing Flora'.

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.

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