Customer overlap for both flavors and fragrances is minimal, says Mr.
Public Company: In 5. With regard to food flavors, local tastes and customs in individual countries as well as a host of different government regulations had to be taken into account.This work led to the synthesis of these materials into flavor and fragrance ingredients that could be produced to exacting standards. Additionally, he views some of BBA's assets as non-strategic and as possible divestiture candidates and, as such, he says there is reason to think that IFF could deliver EPS meaningfully in excess of its projection. Of the remaining aroma chemical producers, Arizona Chemical could hold the most promise. It takes about 10 years to build up that skill. James Press, The addition of BBA gave Union Camp greater manufacturing capability to produce a broad range of these chemicals. Beta pinene was being used in the production of synthetic aroma chemicals such as geraniol, citronellol, and citral. Sweet flavors included a full range of fruit flavors as well as flavors such as vanilla, coffee, chocolate, and cola. Of BBA's fragrances, sales for cleaners and air fresheners accounted for 39 percent, soaps and detergents for 30 percent, and cosmetics and toiletries for 23 percent. In compounding expertise, the product lines don't provide any overlap, either. Its flavor products also included essential oils, natural extracts, spice extracts, and seasonings derived from fruits, vegetables, nuts, herbs, and spices as well as ingredients enhanced by enzymes. Other analysts are not that optimistic. Sales of natural products used as flavoring items in their own right and also as raw materials for fragrances and compounding flavors accounted for the remaining 22 percent. BBA's presence abroad also continued to increase, extending to 27 countries in and 30 in
In it opened new facilities in Jamaica, Japan, and Thailand, and it also acquired Grundy Thompson, an Australian powdered-flavor company. Either way, he notes, the decision won't take long.
However, a merger of those two companies could create regulatory and antitrust issues, as the combined entity would approach a 90 percent market share of pinene produced worldwide. BBA was the first company to produce aroma chemicals both from terpene and petrochemicals.
The company says adverse currency exchange rates--particularly for the euro, which is down over 13 percent since June--as well as weak flavor operations in North and Latin America, contributed to the downward revision.
BBA also was producing, at other locations in England, continental Europe, the Americas, and the Far East, a wide variety of spice products and essential oils such as citrus and mint from natural ingredients such as vanilla and fruit extracts.
Bush Boake Allen had, at this time, 13 manufacturing or compounding facilities on five continents. Bush Boake Allen was constantly creating new compounds in order to meet the many and changing characteristics of its customers' end products.
Boake Roberts Ltd. A large part of Bush Boake Allen's development activity in aroma chemicals was taking place in London and at a plant in Widnes, England, where operations began inBush Boake Allen's range of fragrance products included a line of compounds based on extensive analysis of scents from living plants and flowers, marketed under the Generessence trade name. It will also increase its foothold in aroma and terpene chemicals, although there is already some speculation that part of that cyclical business could be sold off. Concurrently, IFF has revised its sales and earnings estimates for the remainder of the year due to certain market trends and business issues, and is accelerating its share repurchase program. Boake Roberts Ltd. Sales of natural products used as flavoring items in their own right and also as raw materials for fragrances and compounding flavors accounted for the remaining 22 percent. These were being sold in liquid, powder, and paste forms. Either way, he notes, the decision won't take long. Bush Boake Allen had, at this time, 13 manufacturing or compounding facilities on five continents. BBA's aroma chemicals are primarily used as raw materials in fragrance compounds. During that time, I emphasized our commitment to take the necessary steps to ensure that IFF remains the standard by which all others are measured in the flavor and fragrance industry.