As the clean revolution takes root in beauty, fine fragrance is one category where consumers are looking for meaningful transparency when it comes to what’s inside the bottle.
Frutarom businesses in Russia and Ukraine may have made “improper” payments to customers, IFF said in SEC filings.
Scent ingredients were challenged by raw material costs coupled with volume declines, the company said.
The business recently closed a merger with Frutarom that expanded its natural ingredient portfolio.
The company has achieved its goals in water usage, greenhouse gas emissions and hazardous waste.
Mirzayantz is the president of fragrances for IFF.
The new fragrance ingredients plant in Jiande, China helps further the company’s sustainability goals.
The fragrance manufacturer has opened its newly renovated facility in Cairo, Egypt, on Monday.