International Flavors & Fragrances Inc., a leading global creator of flavors and fragrances for consumer products, announced its intention to close its Fragrances Ingredients manufacturing facility in Augusta, Georgia by July 2014
Ingredion has reported first quarter sales up 1% on year ago levels at $1,584 million, with price/mix improvements partially offset by volume declines and currency devaluations.
Research just announced by Mintel indicates that there was a 400% increase in the rollout of products containing stevia between 2008 and 2012 – and an increase of 158% between 2011 and 2012.
Widespread roll out of products containing stevia resulted in a 400% increase in launches globally between 2008 and 2012 and 158% between 2011 and 2012 with Europe driving the market.
Kerry Group has reported a 2.2% increase in continuing business volumes in Q1, with growth in Ingredients & Flavours +3.1% and a slight decline in Consumer Foods -0.2%.
Frutarom Industries Ltd. announced that it has signed an agreement for the acquisition of the South African JannDeRee (Pty) Limited company for the sum of US$5.2 M.
Glanbia Ingredients Ireland (GIIL) plans to establish a new ingredients facility in Belview with an investment of EUR150m, a move which is expected to create more than 1,600 jobs by 2018.
In addition to controlling naturally occurring water, Nestle is also striving to monopolize and control a naturally available plant called the fennel flower.
Chr. Hansen has announced a new probiotic product which the company believes has the potential to improve the gut and immune health of infants and young children.
In light of large supplies of sugar on the U.S. market, the U.S. Department of Agriculture (USDA) today announced that it will take the following actions under the waiver authority of the Refined Sugar Re-Export Program:
International Flavors & Fragrances (IFF) and Amyris have today announced a collaboration to develop and commercialise a specific set of renewable fragrance ingredients.
BASF increased its sales and income from operations (EBIT) before special items in the first quarter of 2013. At €19.7 billion, sales exceeded the level of the previous first quarter by 5%.