International Flavors & Fragrances Launches Madagascar Center for Vanilla Development

MT Newswires Live05-11

International Flavors & Fragrances (IFF) has opened a new center in Madagascar to support its vanilla supply chain, the company said Monday.

The company said the facility in Toamasina, dubbed the Vanilla Innovation Center, combines laboratory analysis, extraction, flavor creation and application development at a single site located near vanilla cultivation and processing operations.

The center is expected to support product development, supply chain monitoring, traceability and work with farmer networks, while helping the company respond to climate and crop-related challenges, according to International Flavors & Fragrances.

Shares of the company were down 1.6% in Monday trading.

Price: 79.68, Change: -1.38, Percent Change: -1.70

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