Each year the international fragrance industry spends about $14 million in regulatory and science costs, says International Fragrance Association (IFRA) president Demi Thoman (Givaudan). Of that, $8.8 million comes from six top companies: Firmenich, Givaudan, IFF, Robertet, Symrise and Takasago International. In addition, a sizeable amount is generated by client companies that are members of the industry’s science arm, the Research Institute for Fragrance Materials (RIFM). Under an ongoing realignment of the fragrance industry intended to bring “critical mass around resources,” the six fragrance houses mentioned above will become “IFRA direct members,” meaning they will pay all of their dues directly to IFRA and will have a collective 21 votes on matters before the IFRA board.
Fragrance Industry Organizations Realign for a Stronger Global Voice
Mar 15th, 2010
