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Industry News

Givaudan 2012 Full-year Profit Surges 63%
Growth in flavor and fragrance, as well as successful commercialization of sweetness and salt replacement solutions in beverages and snacks, boosts results.
Chr. Hansen Names Cees de Jong as CEO, Effective April 1
De Jong replaces Lars Frederiksen who will step down as CEO at the end of March in order to devote more time to non-executive board positions.
T. Hasegawa 2012 Net Sales Inch Up 0.3%
However, sales at its China unit declined due to lackluster flavor demand which made the company miss its internal net sales forecast of 2.1% growth.
IFF's Q4 Revenue Jumps 6% on Emerging Markets Growth
Fragrance compounds marked a third consecutive quarter of strong growth, and fragrance ingredients grew for the first time since the first quarter of 2011.
Sigma-Aldrich Q4 Profits Up 7.4%; Plans Emerging Market Expansion
The company said the Asia-Pacific, Latin America region emerged as its largest growing region, and it plans for further expansion in Russia, the Middle East and Africa.
IFF, Evolva in Pre-Production to Develop Natural Vanillin
Using a yeast-based fermentation route, the companies are focusing on a sustainable way to produce natural vanillin for the global flavor market.
Sensient Q4 Profits Slip, But Revenue Rises Nearly 5%
The company is launching a strategic and restructuring plan starting in the first quarter that includes relocation of the F&F group headquarters to Chicago and reducing headcount by 200 over the next 12 months.
Monell Scientists Identify Location of Taste Stem Cells
The findings will help facilitate techniques to grow and manipulate new functional taste cells for clinical and research purposes.
Givaudan To Boost Dividend 64%
Cash dividend of CHF 36.00 per share for the financial year 2012 is proposed to be paid on March 28, 2013.

Calendar of Events

Updated: Industry Events Calendar
Upcoming events include FEMA Winter Committee Meetings (Philadelphia), ASP Meeting (East Rutherford, NJ) and NAFFS Winter Meeting (New York).
Perfumer & Flavorist Raw Material Bulletin
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