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Givaudan
Givaudan S.A. () is a Swiss multinational manufacturer of flavours, fragrances and active cosmetic ingredients. As of 2008, it was the world's largest company in the flavour and fragrance industry. Overview The company's scents and flavours are developed for food and beverage makers, and also used in household goods, as well as grooming and personal care products and perfumes. The company has two business areas: * ''Taste & Wellbeing'' offers flavours, taste, functional and nutritional solutions for the food industry (savoury, dairy, sweets and beverages). * ''Fragrance & Beauty'' creates fragrances and develop beauty and wellbeing solutions for personal care, fabric care, hygiene, home care, fine fragrances, and beauty. Givaudan's flavours and fragrances are usually custom-made and sold under confidentiality agreements. Givaudan uses ScentTrek, a technology that captures the chemical makeup of smell from living plants. The company has locations in Europe, Africa and the ...
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Quest International
Quest International was a major producer of Flavoring, flavors, fragrances and food ingredients with sales of £560 million in 2005 before its acquisition by rival Givaudan. Quest created and marketed flavours and fragrance concepts and solutions for the fast-moving consumer goods industries. With operations in 31 countries, Quest made ingredients for foods, snacks, beverages, personal care, fine fragrances, and home hygiene products. Quest Flavours and Food Ingredients was headquartered in Naarden, Netherlands; Quest Fragrances was based in Ashford, Kent, UK. Major competitors included Firmenich, Givaudan, International Flavors and Fragrances and Symrise. History Some highlights in the 100-year history of Quest include - 1905 N.V. Chemische Fabriek "Naarden" is established. It is to become widely known simply as "Naarden", the name of the nearby ancient fortress town. In English, the name is Chemical Factory Naarden (CFN). The company starts operations with 14 employees at th ...
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Seveso Disaster
The Seveso disaster was an industrial accident that occurred around 12:37 on 10 July 1976, in a small chemical manufacturing plant approximately north of Milan in the Lombardy region of Italy. It resulted in the highest known exposure to 2,3,7,8-tetrachlorodibenzo-p-dioxin (TCDD) in residential populations, which gave rise to numerous scientific studies and standardized industrial safety regulations, including the European Union's Seveso III Directive. This accident was ranked eighth in a list of the worst man-made environmental disasters by ''Time'' magazine in 2010. Location of disaster The Seveso disaster was named after Seveso, the community most affected, which had a population of 17,000 in 1976. Other affected neighbouring communities were Meda (19,000), Desio (33,000), Cesano Maderno (34,000) and to a lesser extent Barlassina (6,000) and Bovisio-Masciago (11,000). The industrial plant, located in Meda, was owned by the company (Meda Chemical Industries S.A., o ...
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Firmenich
Firmenich SA was a Swiss company in the fragrance and flavor business. The company has created perfumes for over 125 years and produced a number of well-known flavors. Founded in 1895, it merged in May 2023 with the Dutch company DSM to form DSM-Firmenich. It employed 10,000 people across 46 manufacturing plants and six research and development centers. History The company was founded as Chuit & Naef in 1895 in Geneva by chemist Philippe Chuit and businessman Martin Naef. Fred Firmenich joined in 1900 and later became the majority partner. The company was renamed Firmenich SA. Originally a fragrance company, Firmenich branched into the flavor business by creating a raspberry substitute in 1938, followed by creations of citrus and strawberry flavor. Other synthetic flavors followed for use in ultra-processed foods and preserved foods. In 1939, Firmenich Director of Research and Development Lavoslav Ružička was awarded the Nobel Prize in Chemistry "for his work on poly ...
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Swiss Market Index
The Swiss Market Index (SMI) is Switzerland's blue-chip stock market index, which makes it the most followed in the country. It is made up of 20 of the largest and most liquid Swiss Performance Index (SPI) stocks. As a price index, the SMI is not adjusted for dividends. The SMI was introduced on 30 June 1988 at a baseline value of 1,500 points. It closed above the symbolic level of 10,000 points for the first time on 2 July 2019. It reached the 12,000 point milestone on 17 June 2021. It is currently in a bear market, which it entered on 22 September 2022 after losing more than 20%. This ended the bull market that had reached an all-time record closing price short of 13,000 on 28 December 2021. Its composition is examined once a year. As of September 2022, it contains 18 large-caps and two mid-caps. Calculation takes place in real-time. As soon as a new transaction occurs in a security contained in the SMI, an updated index level is calculated and displayed. However, the inde ...
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Symrise
Symrise AG is a German chemicals company that is a major producer of flavours and fragrances with sales of €4.999 billion i2024 Major competitors include Givaudan, Takasago International Corporation, International Flavors and Fragrances and Döhler. Symrise is a member of the European Flavour Association. In 2021, Symrise was ranked 4th by FoodTalks' Global Top 50 Food Flavours and Fragrances Companies list. History Symrise was founded in 2003 by the merger of Bayer subsidiary Haarmann & Reimer (H&R) and Dragoco, both based in Holzminden, Germany. Haarman & Reimer Haarman & Reimer (H&R) was founded in 1874 by chemists Ferdinand Tiemann and Wilhelm Haarmann after they succeeded in first synthesizing vanillin from coniferin. Holzminden was the site where vanillin was first produced industrially. In 1917, H&R supported Leopold Ružička's unsuccessful three-year project to synthesize irone, a fragrance of violets. In 1953, H&R was acquired by Bayer. Dragoco Dragoco was ...
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Canton Of Geneva
The Canton of Geneva, officially the Republic and Canton of Geneva, is one of the Cantons of Switzerland, 26 cantons of the Switzerland, Swiss Confederation. It is composed of forty-five Municipality, municipalities, and the seat of the government and parliament is in the Geneva, city of Geneva. Geneva is the French-speaking westernmost canton of Switzerland. It lies at the western end of Lake Geneva and on both sides of the Rhone, its main river. Within the country, the canton borders Vaud to the east, the only adjacent canton. However, most of Geneva's border is with France, specifically the region of Auvergne-Rhône-Alpes. As is the case in several other Swiss cantons (Ticino, canton of Neuchâtel, Neuchâtel, and canton of Jura, Jura), Geneva is referred to as a republic within the Swiss Confederation. One of the most populated cantons, Geneva is considered one of the most cosmopolitan regions of the country. As a center of the Calvinism, Calvinist Protestant Reformation, Re ...
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Louisville Factory Explosion
On November 12, 2024, at around 3 p.m., an explosion at a manufacturing facility for food coloring in Louisville, Kentucky killed two people and injured 12 workers. Injured people, two of whom were in critical condition, were transported to University of Louisville Hospital and Baptist East Hospital. As of November 13, The cause of the explosion is not known. Background Givaudan Color Sense, the plant operator, is a food coloring brand associated with the international Swiss manufacturer Givaudan. The facility was previously owned and operated by D.D. Williamson & Co. (DDW). The facility was the site of another explosion in April 2003, when, while owned by DDW, one person was killed after a process vessel became overpressurized and catastrophically failed. In May 2023, the plant was cited by the Louisville Air Pollution Control District for failing to provide compliance reports for air quality control operations. In December of the same year, the plant was cited again for re ...
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Grasse
Grasse (; Provençal dialect, Provençal in classical norm or in Mistralian norm ; traditional ) is the only Subprefectures in France, subprefecture of the Alpes-Maritimes Departments of France, department in the Provence-Alpes-Côte-d'Azur Regions of France, region on the French Riviera. In 2017, the Communes of France, commune had a population of 50,396. Considered the world's capital of perfume, Grasse obtained two flowers in the ''Concours des villes et villages fleuris'' and was made ''Ville d'Art et d'Histoire'' (City of Art and History). Festivals There is an annual ''Fête du Jasmin'' or ''La Jasminade'', at the beginning of August. The first festival was on August 3–4, 1946. Decorated Float (parade), floats drive through the town, with young women in skimpy costumes on board, throwing flowers into the crowd. Garlands of jasmine decorate the town centre, and the fire department fills a fire truck with jasmine-infused water to spray on the crowds. There are fireworks, ...
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Geneva, Switzerland
Geneva ( , ; ) ; ; . is the second-most populous city in Switzerland and the most populous in French-speaking Romandy. Situated in the southwest of the country, where the Rhône exits Lake Geneva, it is the capital of the Republic and Canton of Geneva, and a centre for international diplomacy. Geneva hosts the highest number of international organizations in the world, and has been referred to as the world's most compact metropolis and the "Peace Capital". Geneva is a global city, an international financial centre, and a worldwide centre for diplomacy hosting the highest number of international organizations in the world, including the headquarters of many agencies of the United Nations and the ICRC and IFRC of the Red Cross. In the aftermath of World War I, it hosted the League of Nations. It was where the Geneva Conventions on humanitarian treatment in war were signed. It shares a unique distinction with municipalities such as New York City, Basel, and Strasbourg as ...
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Swiss Leader Index
The Swiss Leader Index (SLI) is an index comprising large and mid-cap companies primarily listed on SIX Swiss Exchange. It is made up of 30 of the largest and most Market liquidity, liquid Swiss Performance Index (SPI) large- and mid-cap stocks. As a price index, the SLI is not adjusted for dividends, but there exists a total-return version as well. The SLI was introduced on July 2, 2007 and computed back to December 30, 1999, with a baseline value of 1,000 points on this starting date. The capping model of the SLI makes it suitable as a benchmark for a broader range of products and markets than other indices offered by SIX Swiss Exchange, because it is compatible with regulatory requirements in the European Union as well as in the United States. With its 9/4.5 caps, the SLI is more diversified, and its risk/return profile is more tilted towards smaller capitalizations, than other indices such as the SMI and SPI. In 2020, the SLI, along with other SIX indices, was endorsed under ...
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Swiss Performance Index
The Swiss Performance Index (SPI) is a wide total-return index that tracks equity primarily listed on SIX Swiss Exchange with a free-float of at least 20%, and excluding investment companies. The index covers large, mid and small caps and is weighted by market capitalization. Most constituents, although not all, are domiciled in Switzerland or the Principality of Liechtenstein. The SPI is Switzerland's most closely followed performance index. It is used as a benchmark for mutual funds, index funds and ETFs, and as an underlying index for derivative financial instruments such as options, futures and structured products. In 2020, the SPI, along with other SIX indices, was endorsed under the EU Benchmarks Regulation and is registered with the European Securities and Markets Authority, which means that it can be used as an underlying for financial products sold in the EU. SPI Universe The underlying share universe of the SPI is the Swiss All Share Index and includes approx ...
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International Flavors & Fragrances
International Flavors & Fragrances Inc. (IFF) is an American corporation that creates products across taste, texture, scent, nutrition, enzymes, cultures, soy proteins, and probiotics categories, which it markets globally. It is headquartered in New York City and has creative, sales, and manufacturing facilities in 44 countries. The company is a member of the S&P 500 index. History International Flavors & Fragrances was formed in 1958 by the merger between Polak & Schwarz (P&S) and van Ameringen-Haebler. Polak & Schwarz was founded in 1889 by Leopold Schwarz, who had an interest in spices, flavors, and fragrances, and his brother-in-law, Joseph Polak in the small Dutch town of Zutphen. P&S quickly grew to 36 sites globally. Arnold Louis (A.L.) van Ameringen was hired by Polak & Schwarz to open P&S's US office in 1917 before losing his job with them. Relieved of his duties, he opened van Ameringen & Co. at 13 Gold Street in Manhattan, took over Morana, Inc. in 1920, and became ...
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