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The investment in F&F startups has the potential to lead to the next breakthrough in various industry segments.
This Week's F&F Headlines Include Promotions, Trends and Investments
Missed the news? Get up to speed in minutes with this handy rundown of this week's headlines.
Jan 27th, 2023
IFEAT Berlin Conference 2023
Oct 8th, 2023Oct 12th, 2023
Gilles Andrier, CEO, Givaudan, shared, “We are very pleased with our solid performance in 2022, despite the challenging environment that we have faced throughout the year.'
Givaudan Releases 2022 Full Year Results
The company reported CHF 7,117 million in sales, an increase of 5.3% on a like-for-like basis and 6.5% in Swiss francs when compared to 2021.
Jan 26th, 2023
IFEAT 2023 is set to be held at the Intercontinental Berlin Hotel, October 8-12.
IFEAT Holds 2023 Conference in Berlin
The theme of the conference will be "Trade. Tradition. Modern Spirit."
Jan 26th, 2023
New startup Osmo aims to revolutionize the $30 billion fragrance industry by using AI to predict scent molecules.
Google Spin-Off Osmo Develops AI to Create Aroma Molecules for Fragrances
Osmo uses AI to predict scents and create allergen-free, biodegradable aroma molecules for everyday products.
Jan 26th, 2023
(L to R): Medhi Lisi (president, Global Fine Fragrance), Birgit Benayoun (vice president, Fine Fragrance), Samantha Mane (president EMEA), Tathiana Remick (president Fragrance North America) and Victor Mane (director of Ingredients).
Mane Debuts Renovated New York Fine Fragrance Creative Center
The space is said to echo the company's commitment to co-creation with clients, with a focus on transparency, client engagement and green innovation.
Jan 26th, 2023
Dawn Willoughby brings a track record of driving sustainable, profitable growth to the company.
IFF Welcomes Dawn Willoughby to Board of Directors
Willoughby brings her experience as former COO of The Clorox Company and director on the boards of J.M. Smucker Company and TE Connectivity to IFF.
Jan 26th, 2023
Eric Alvarez, Senior Business Development Manager, Geno (left) and William Beacham, Deputy Editor, ICIS (right)
Geno Wins ICIS Innovation Award for Third Consecutive Year
The award recognizes Geno's progress in bringing said sustainable materials to leading brands.
Jan 25th, 2023
The Kerry Upcycled Food Foundation Fellowship, sponsored by sustainable nutrition company Kerry, aims to support the upcycling industry and educate consumers on its environmental and social benefits.
Kerry Announces Upcycled Food Foundation Fellowship
Kerry plans to reach 2 billion consumers daily by 2030 through sustainable nutrition solutions.
Jan 25th, 2023
Symrise has acquired a minority stake in Danish biotech company EvodiaBio, whose precision fermentation technology aims to improve the taste of non-alcoholic beer as a sustainable alternative to cultivated aroma hops.
Symrise Invests in Danish Aroma Company EvodiaBio
Danish biotech company EvodiaBio's technology allows for the cost-effective and sustainable biotechnological production of volatile aroma molecules from hops.
Jan 25th, 2023
Firmenich has launched the Re:New Collection, ten renewable and upcycled ingredients, as part of its efforts to ensure that 100% of its fragrances will be renewable by 2030.
Firmenich Debuts Re:New Collection of Renewable and Upcycled Ingredients
The Re:New Collection is powered by Sylvergreen, an innovation program that converts petrochemical ingredients into renewables.
Jan 25th, 2023
Melissa Hockstad, president and CEO of American Cleaning Institute, has been recognized for her leadership skills and named the 2023 Association Executive of the Year.
American Cleaning Institute CEO Melissa Hockstad Named 2023 Association Executive of the Year
Hockstad will also serve as the Chair of the National Association of Manufacturers' (NAM) Council of Manufacturers Associations (CMA).
Jan 25th, 2023
Full-year net sales totaled $1.087 billion, a 24% increase from $800 million in the previous year period.
Inter Parfums Posts Strong Q4 & Full-Year 2022 Results
Q4 2022 net sales were $311 million, a 47% increase from $211 million in the previous year period.
Jan 24th, 2023
Solvay's Rhovanil is designed to be primarily used in food and flavor applications as well as within home and personal care fragrances.
Solvay Debuts the First ISCC PLUS Certified Mass Balance Vanillin
The mass balance concept provides a defined set of rules for tracking and tracing the content of circular and renewable feedstock in materials and end products.
Jan 24th, 2023
This investment in F&F startups has the potential to lead to the next breakthrough in various industry segments.
Firmenich, Robertet & Symrise Invest in Startup Programs
This investment in F&F startups has the potential to lead to the next breakthrough in various industry segments.
Jan 24th, 2023
Aluxury's Nebula Diffuser uses waterless technology to prevent spills and minimize moisture.
Portable Waterless, Cold Fusion Diffuser Technology Features 3 Intensity Modes
The portable diffuser charges via USB, and Aluxury claims it will last up to 50 hours on a single charge.
Jan 24th, 2023
ADM earns Top Employer status in Europe, China, and Singapore, exemplifying its commitment to fostering a culture of care and diversity.
ADM Recognized As 2023's Top Employer in China, Europe and Singapore
ADM continues to be a leader in the industry, as it receives recognition for its commitment to employee development and diversity and inclusion efforts.
Jan 24th, 2023
Lemon oil sales are anticipated to reach a market value of $1.56 billion by the end of 2033.
Lemon Oil Market Driven by Health and Beauty Benefits
Lemon oil sales are anticipated to reach a market value of $1.56 billion by the end of 2033.
Jan 23rd, 2023
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