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Markets :: Specialty Chemicals :: Flavors and fragrances

IFF, Amyris sign biobased fragrance ingredients pact

2:37 PM MDT | April 29, 2013 | Rebecca Coons

International Flavors & Fragrances (IFF) and Amyris (Emeryville, CA) says they have agreed to a multi-year collaboration to jointly develop and commercialize a set of biobased fragrance ingredients. Under the terms of deal, IFF will have exclusive rights to these renewable fragrance ingredients for applications in the flavors and fragrances field, and Amyris will have exclusive rights in other fields. IFF and Amyris will share in the economic value derived from these ingredients. "Our collaboration with IFF is a critical element of our strategy to build...

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