FIRMENICH SUCCESSFULLY COMPLETES REACH REGISTRATION FOR TRANSPARENT INGREDIENTS
Geneva, Switzerland, June 29, 2018 – Firmenich proudly announces that it has successfully completed the registration of chemical substances as part of the European Union’s REACH regulation. Designed to improve the protection of human health and the environment, REACH is a major European chemical law, standing for Registration, Evaluation, Authorization and Restriction of Chemicals.
“Building on our 123-year legacy of responsible business, it is an absolute priority for Firmenich to work with safe and sustainable ingredients, while offering transparency to our customers,” said Gilbert Ghostine, CEO, Firmenich. “I am very proud that we have demonstrated that our entire perfumery palette is fully REACH ready.”
“We successfully completed all REACH registration phases with over 500 ingredients registered, thanks to the continued efforts of our broad industry-leading team of experts,” said Jane Sinclair, General Counsel. “A key outcome of this process is how we are aligned with our customers and suppliers to pursue relentlessly all aspects related to human health and the environment, and we will keep pushing for more breakthroughs in these areas.”
Adopted in 2007, REACH transfers the primary burden of proof to demonstrate the safety of chemical substances from regulatory authorities to individual companies who manufacture or import chemicals into the European Union. The industry had until 31st May 2018 to demonstrate compliance, or face market exclusion and/or restrictions on production.
Following the completion of registration in the European Union, Firmenich will continue to work with regulatory authorities in the European Union to ensure ongoing compliance, as well as registration for similar REACH regulations in additional countries and regions, including Korea and Turkey.
Firmenich is the world’s largest privately-owned company in the fragrance and flavor business. Founded in Geneva, Switzerland, in 1895, it has created many of the world’s best-known perfumes and flavors that billions of consumers enjoy each day. Its passion for smell and taste is at the heart of its success. It is renowned for its world-class research and creativity, as well as its thought leadership in sustainability and exceptional understanding of consumer trends. Each year, it invests 10% of its turnover in R&D, reflecting its continuous desire to understand, share and sublimate the best that nature has to offer. Firmenich had an annual turnover of 3.34 billion Swiss Francs at end June 2017.