Global Functional Food Ingredients Market Forecast to 2029 With Cargill, BASF, ADM, International Flavors & Fragrances, Arla Foods, Kerry, Ajinomoto, DSM, Ingredion, and Tate & Lyle Dominating

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International Flavors & Fragrances Gains EU Approval for Innovative Poultry Feed Solutions

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IFF Expands the Launch of Industry-leading Poultry Solutions in the EU

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Due to obstruction of the fragrance cartel investigation, international flavors & fragrances (IFF.US) has been fined over $17 million by the European Union.

Zhī tōng cái jīng APP learned that on Monday, the European Commission announced that a fine of 15.9 million euros (17.05 million US dollars) had been imposed on the American company International Flavors & Fragrances (IFF.US) and its French subsidiary. The reason was that the company obstructed an investigation into a conspiratorial manipulation of the supply of fragrances and fragrance ingredients. The European Commission said: "During the inspection period (March 2023), a senior employee of International Flavors & Fragrances deliberately deleted WhatsApp messages exchanged with competitors." "After being discovered, International Flavors & Fragrances immediately admitted to the fact and actively cooperated during and after the inspection period.

Zhitong FinanceJun 24 20:50