THE NATURE OF OUR BUSINESS – STABLE GROWTH - Symrise
THE NATURE OF OUR BUSINESS – STABLE GROWTH - Symrise
THE NATURE OF OUR BUSINESS – STABLE GROWTH - Symrise
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Flavor & Nutrition<br />
Beverages<br />
Sweet<br />
Savory Tobacco<br />
Mint<br />
Flavor & Fragrances Market<br />
Scent & Care: Innovations and Focuses<br />
In 2008, Scent & Care launched a number of product innovations<br />
(see the research and development section), made a number of<br />
future-oriented acquisitions, and established several partnerships:<br />
› Acquisition of the US business activities of Manheimer Fragrances<br />
and Intercontinental Fragrances has made us one of the leading<br />
fragrance manufacturers in the US market for air fresheners and<br />
scented candles (the air care market). We are planning to open<br />
a global air care center in 2009 in the United States. With the acquisition<br />
of Manheimer Fragrances, moreover, we now have access<br />
to raw materials as well as development and production<br />
capacities in the organic fragrances segment.<br />
› The strategic partnership between <strong>Symrise</strong> and Cambridge<br />
Theranostics is enabling us to tap potential in the rapidly growing<br />
“beauty from within” segment. On the basis of <strong>Symrise</strong>’s<br />
active substances, we are currently jointly developing new products<br />
in the health and medical food segments.<br />
Annual Report 2008 <strong>Symrise</strong> AG 59<br />
Fine<br />
Fragrances<br />
Fragrances<br />
Personal<br />
Care<br />
Business Divisions<br />
Business Sectors<br />
Application Areas<br />
Cosmetic<br />
Ingredients<br />
Life Essentials<br />
Active<br />
Household Functionals<br />
Ingredients<br />
UV-<br />
Protection<br />
Botanicals<br />
Sensates<br />
(Menthol)<br />
Scent & Care<br />
Aroma<br />
Molecules<br />
Fine Aroma<br />
Chemicals<br />
Special<br />
Fragrance<br />
& Flavor<br />
Ingredients<br />
Cosmetic Ingredients Market Aroma Chemicals Market<br />
› Our stake in the US biotech company Therapeutic Peptides Inc.<br />
has given us access to the highly innovative, forward-looking<br />
peptide substance group. These substances are used primarily<br />
in anti-aging and hair growth products.<br />
› We opened a new Creative Center in Shanghai to take advantage<br />
of the rising importance of China and the entire north Asian<br />
region. The center bundles all of the departments and creative<br />
resources of the Scent & Care division. Located in the heart of<br />
the historic old town of Puxi in the middle of a cultural, lifestyle<br />
and art center, it is ideally situated for obtaining useful information<br />
on Chinese consumer preferences and consumer trends<br />
and for implementing successful product concepts together with<br />
our customers.<br />
Group Management<br />
Report
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