IHS Chemical Week

Services :: Financial

Sensient announces further restructuring, raises dividend

11:30 AM MST | March 4, 2014 | Vincent Valk

Sensient Technologies announced today that it is initiating a new restructuring program, which will consolidate manufacturing plants and “eliminate underperforming operations,” the company says. The program will cut costs by $20-25 million/year, “significantly improve profitability and margins within the flavors and fragrances (F&F) group,” and improve the company’s return on invested capital, Sensient adds. Sensient will incur $90 million in pre-tax charges related to the restructuring, which is expected to be complete in 2015...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa