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Sensient Q1 Profit Falls On Restructuring Charge; But Boosts Outlook
The company boosts its 2013 per-share earnings outlook; flavors and fragrances group’s first-quarter revenue increased 1.1% to $217 million.
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Sensient Inks Private Placement Debt Offering of Roughly $125 Million
Company issues $75 million and €38 million in 10-year, fixed-rate, senior notes. Financing will total about $125 million.
Trends
Sensient Offers Sensasalt for Sodium Reduction Applications
This line, which includes applications for soups, breads, salty snacks and more, can deliver up to a 50% sodium reduction, the company says.
Trends
Sensient Adds Eight Bespoke Functional Flavors to APSS Range
The new products extend the company's existing portfolio of flavors used to improve the sweetness profile of calorie-reduced products.
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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.
Trends
Sensient Releases 2013 Flavor Trend Forecast
Flavor trend forecasts for the year include Alderwood Smoke, Blue Honeysuckle Berry, French Toast, Cloudberry, Za’atar and more.
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P&F
's Most-read Stories of 2012
P&F
 magazine reveals its most-read stories, ranked by unique page views, providing a glimpse into what the industry read this year.
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F&F Focuses on Emerging Markets for Growth
Companies expect Asia, Latin America will grow the most rapidly over the next five years
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Sensient's Manning Appointed to Executive, Finance Committees
On Dec. 6, the company's board amended a section of its by-laws to delete the second sentence, which required that all members of the finance committee must be non-employee directors.
Trends
Sensient's New Apple Flavors Line Focuses on Fruit Varietals Trend
New range of natural and true-to-type varietal apple flavors allows manufacturers to create products with multiple apple profiles.
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Sensient Q3 Profit Up 2.7%; F&F Revenue Climbs
However, customer inventory destocking, foreign currency translation and higher raw material costs hurt results
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Sensient Invests in Color, Flavor Complex in South Africa
The complex in Johannesburg will provide a research, development and manufacturing location with dedicated facilities for both colors and flavors
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Sensient Names Paul Manning President and COO
Michael Geraghty will succeed Manning as president of the color group
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Wixon Sponsors Raise Money for Make-A-Wish
The company donated $19,000 in proceeds to the foundation and the remaining proceeds will benefit local-based charities
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Sensient Names Ballesteros President, Sensient Dehydrated Flavors
Ballesteros joined the company in 1999 and was responsible for the boost in Sensient's Latin American business
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Sensient's Q2 Flavors & Fragrance Segment Revenue Falls
Company cites soft European market and higher raw material costs, but sees improvement for the rest of the year
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New Evaluator at Sensient
Sideri to focus on European projects
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Sensient Names New Chief Perfumer
McGee has more than 30 years of experience
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