Nestlé will be forced to drop the Swiss cross from 80 products manufactured in Switzerland following a new law on 'Swissness' set to come into force in January next year. "This is very unfortunate," the head of Nestlé Switzerland has...
Flavours and fragance house Givaudan, while posting third quarter results, said its decision to increase its prices will soften the impact of higher raw material input costs for products such as citrus and orange oil in 2011 and fully cover them in 2012.
Givaudan, the world's number one fragrance and flavour player, saw
sales in its flavour division slipping by 6.5 per cent for the
first quarter, impacted by a loss of products and a fall in prices,
writes Lindsey Partos.