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Givaudan accelerates speciality ingredients focus

16-Jan-2003

Swiss fragrance and flavours company Givaudan has agreed with Swiss chemical firm Roche to terminate supplies of sunscreen filters out of the Givaudan Vernier site by end of 2003.

According to Givaudan, the aim of the move is to provide Givaudan with the opportunity to accelerate the realignment of its ingredients portfolio towards higher value added aroma chemicals used as captive ingredients in perfumery and sold as proprietary specialities in the market.

The company hopes that the realignment will have a long term positive impact on Givaudan's performance.

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