Symrise saw sales of €2.4bn for the first half of 2023, up by 6.8%. However, core profit was down and Scent & Care suffered due to a mix of inflation and unexpected events.
International beauty major L’Oréal has launched a fragrance disclosure model designed to inform consumers of ingredients used across its entire global portfolio of brands and products, kickstarting with a US rollout.
The merger between International Flavors & Fragrances and DuPont Nutrition and Biosciences will be carved into four divisions, with ‘scent’ the most important for the beauty world.
The merger between International Flavors & Fragrances and DuPont Nutrition and Biosciences creates a monopoly in fragrances that will shake-up global supplies for beauty and personal care, says Euromonitor International.
This month, International Flavors and Fragrances partnered with Neptune Wellness Solutions to collaborate on the creation of hemp-derived CBD products.
Leading US flavor and fragrance firm IFF has reported strong growth
in its fourth quarter and full year, indicating that the company
could be coming up for air after a tough year in 2005.
International Flavours and Fragrances (IFF) is to separate its
business into two different units in a bid to better reflect its
flavour and fragrance operations.
International Flavors & Fragrances says it is planning the
construction of a new specialty ingredients manufacturing plant in
China, in a move that aims to boost global production capacity.
![L'Oréal has worked collaboratively with four of its suppliers - Firmenich, Givaudan, IFF and Mane - to develop the voluntary fragrance disclosure model which will progressively inform consumers of fragrance ingredients used across the company's entire global brand portfolio [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/10/29/l-oreal-launches-fragrance-disclosure-model-to-increased-ingredient-transparency/12969164-1-eng-GB/L-Oreal-launches-fragrance-disclosure-model-to-increased-ingredient-transparency.jpg)
