Symrise: Price Increases in Scent & Care Di...

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Given the unprecedented increases in the costs of energy,
transportation and raw materials, Symrise's Scent & Care division has
announced today price increases for its products with immediate
effect. In selective areas, prices will increase by up to 10 % and
more.

Gerold Linzbach, Symrise CEO, described the steps as "not very
popular but unavoidable".
"The Scent & Care division has been particularly hit by the increases
in petrochemical raw materials, energy and transportation", he said.
"We have been able to compensate some of it through efficiency
improvements, and the dollar rate helped to a certain extent. But as
the trajectory shows no sign of changing, we now have to pass some of
the increases on to the market."

About Symrise

Symrise is a global supplier of fragrances, flavorings and raw
materials and active ingredients for the perfume, cosmetics and food
industry.

Its sales of ¤1.27 billion in 2007 place the company among the top
four in the international flavors and fragrances market.
Headquartered in Holzminden, Germany, Symrise is represented in more
than 30 countries in Europe, Asia, the United States and South
America.

With more than 40 first patent applications per year, Symrise is one
of the most innovative manufacturers on the market. Used by
manufacturers of perfumes, cosmetics and foods, our products are an
inseparable part of daily life. At Symrise we combine an awareness of
consumer trends with cutting-edge technologies, focusing on
innovative fashion and lifestyle products that have additional
practical value for the consumer. Symrise - always inspiring more...

www.symrise.com


Contact:
Achim Daub
Global President Scent & Care
phone: [phone]
e-mail: [e-mail]


 
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Symrise AG
Mühlenfeldstraße 1 Holzminden Germany

WKN: SYM999; ISIN: 
DE000SYM9999; Index: MDAX, TecDAX;
Listed: Amtlicher Markt in Frankfurter Wertpapierbörse, Freiverkehr 
in Bayerische Börse München, 
Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr 
in Börse Berlin, 
Freiverkehr in Börse Düsseldorf, Freiverkehr in Börse Stuttgart, 
Prime Standard in Frankfurter Wertpapierbörse;