IHS Chemical Week

IFF to close August plant

11:30 AM MDT | May 6, 2013

IFF says it will close its fragrance ingredient manufacturing plant at Augusta, Georgia by July 2014 as part of the company’s cost-cutting initiatives. IFF is aiming to consolidate its manufacturing operations to make them more cost-efficient, the company says. “With a changing competitive environment, we have decided to streamline those parts of our business that support lower value-added, commodity-like ingredients and remain focused on those areas that are more value-enhancing. Based on our ongoing business review, this is one of several actions we are...

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