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Displaying 1 - 20 of 163 stories.
April 16, 2014
Dissident hedge fund FrontFour Capital (Greenwich, CT) today released a new letter to Sensient shareholders accusing the company of governance shortfalls and of a failure to disclose...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-FrontFour-trade-volleys-in-advance-of-shareholder-meeting_60333.html
April 15, 2014
Sensient Technologies has reported a first-quarter net loss of $2.08 million, or 4 cts/share, compared with a profit of $21.4 million, or 43 cts/share, in the year-ago quarter, due...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-swings-to-loss-on-restructuring-charges-raises-guidance_60303.html
April 15, 2014
BASF has lifted its declaration of force majeure on citral-based aroma chemicals, as well as vitamin A and vitamin E products for human and animal nutrition, at Ludwigshafen, the...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/BASF-lifts-force-majeure-on-citral-derivatives_60300.html
April 14, 2014

Symrise (Holzminden, Germany) has agreed to acquire flavors and nutrition ingredients maker Diana Group (Vannes, France) from private equity firm Ardian (Paris) for €1.3 billion ($1.8 billion). The deal is expected to close in third-quarter 2014.

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http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Symrise-to-acquire-Diana-Group-for-$1-8-billion_60284.html
April 11, 2014
Shareholder advisory firm ISS (New York) issued a report yesterday recommending a vote against a hedge fund’s dissident director slate at Sensient Technologies. FrontFour Capital...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Shareholder-advisory-firm-weighs-in-against-Sensient-dissidents_60255.html
April 11, 2014
Givaudan (Geneva) recorded sales of  1.09 billion Swiss francs ($1.24 billion) during the first quarter of 2014, according to the company's results, published today. The results...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Givaudans-first-quarter-sales-rise_60251.html
April 9, 2014
The board of BASF–Petronas Chemicals (BPC), a 60-40 joint venture, has approved the final investment decision and agreed to invest 1.5 billion ringgit ($462 million) to build a...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/BASF-Petronas-JV-confirms-aroma-ingredients-project-in-Malaysia_60204.html
April 8, 2014
Sensient Technologies announced today that it has named Sam Lteif president of its flavors business. Lteif joins the company, effective 7 April, after 14 years at PepsiCo. Lteif has 23...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-names-flavors-president_60179.html
April 4, 2014
Balchem says it has agreed to acquire SensoryEffects (St. Louis), a privately-held maker of food and beverage ingredients, for $567 million. SensoryEffects’ 2014 revenues should...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Balchem-to-acquire-food-ingredients-maker-SensoryEffects_59971.html
April 4, 2014
BASF-Petronas Chemicals,  a 60-40 joint venture, is expected to begin construction of a 1.63-billion ringgit ($496.2 million) integrated aroma ingredient plant at the end of...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Reports-BASF-and-Petronas-to-start-construction-soon-on-aroma-ingredient-project-in-Malaysia_60116.html
April 3, 2014
Sensient Technologies today said it expects first-quarter earnings to exceed analysts’ consensus of 65 cts/share. The company also said it expects to raise its full-year earnings...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-raises-earnings-guidance-trades-barbs-with-FrontFour-over-director_60059.html
March 28, 2014
International Flavors & Fragrances (IFF) says it is realigning responsibilities under Nicolas Mirzayantz, president/fragrances, effective 1 April. The change includes creation of a...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/IFF-makes-organization-changes-in-fragrances-business-unit_59903.html
March 17, 2014
Sensient Technologies today released a letter to shareholders outlining its opposition to hedge fund FrontFour Capital’s (New York) slate of director nominees. Sensient says that...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-releases-letter-opposing-FrontFour-director-nominees_59623.html
March 10, 2014
Symrise (Holzminden, Germany) says it achieved record sales and earnings during 2013. Sales grew to €1.83 billion ($2.54 billion) in 2013 compared with €1.74 billion in 2012...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Symrise-achieves-record-sales-and-profitability-in-2013_59441.html
March 4, 2014
Sensient Technologies announced today that it is initiating a new restructuring program, which will consolidate manufacturing plants and “eliminate underperforming...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-announces-further-restructuring-raises-dividend_59323.html
February 25, 2014
Flavors and fragrances group Givaudan (Geneva) today announced that it has entered into exclusive negotiations to acquire 100% of Soliance and its subsidiaries. Soliance is currently a...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Givaudan-to-acquire-French-producer-of-cosmetic-ingredients-Soliance_59021.html
February 25, 2014
International Flavors & Fragrances (IFF) and Amyris (Emeryville, CA) announced today that they have completed the first phase of their collaboration to develop a specific set of...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/IFF-and-Amyris-advance-biobased-fragrance-collaboration_59081.html
February 25, 2014
Frutarom (Haifa, Israel) announced today that it has acquired citrus specialty ingredients maker CitraSource (Winter Haven, FL) for $7.5 million plus an additional future payment...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Frutarom-acquires-Florida-citrus-ingredients-maker_59090.html
February 21, 2014
Sensient Technologies today released a letter to shareholders criticizing the motives of activist hedge fund FrontFour Capital (New York), which proposed a slate of directors to...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-letter-blasts-activist-hedge-fund_59029.html
February 19, 2014
Hedge fund FrontFour Capital (New York) said today that it would nominate four directors for Sensient Technologies’ board, raising the possibility of a proxy battle....
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Hedge-fund-says-it-will-seek-four-seats-on-Sensient-board-updated_58903.html
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