| NYSE: SXT |
S&P 400 Component
|Industry||Colors, Flavors and Fragrance|
|Headquarters|| U.S. Bank Center |
|Paul Manning, CEO|
|Products||Colors, Flavors and Fragrances|
|Revenue||$ 1,468 million (2013)|
Number of employees
Sensient Technologies is a global manufacturer and marketer of colors, flavors and fragrances based in Milwaukee, Wisconsin. Their products are used in many foods and beverages, pharmaceuticals, cosmetics, home and personal care products, specialty printing and imaging products, computer imaging and industrial colors. Sensient reported revenue of $1,468 million in 2013. Subdivisions include the Sensient Flavors & Fragrances Group and the Sensient Color Group. Within the Flavors & Fragrances Group is Sensient Natural Ingredients.
Sensient Technologies was founded in 1882 as Meadow Springs Distilling Company. In the late 19th century, the company changed its name to National Distilling Company. By 1919 the company was threatened by prohibition but by then it had created a business selling yeast under the Red Star Yeast brand. Accordingly, the company changed its name to Red Star Yeast and Products Company.
By the 1960s, the company had become a highly diversified food company and changed its name again to Universal Foods Corporation. In 1977 the company listed its stock on the New York Stock Exchange (SXT).[ citation needed ]
In 1984 Sensient acquired Warner-Jenkinson Co. (color applications). Together with some other acquisitions this developed into the cosmetic color division. This division is now called 'Sensient Cosmetic Technologies'.
Kenneth P. Manning, Sensient Technologies' Chairman and CEO, joined the company in 1987 as Group Vice President. When Manning was named CEO of Universal Foods in 1996, he accelerated its expansion by making strategic acquisitions. Since 1997, the corporation has acquired 20 companies.
In 2000 Universal Foods changed its name to Sensient Technologies Corporation. Following this name change, Sensient sold Red Star Yeast in 2001.
Sensient Natural Ingredients received Non-GMO Project Verification for its California-grown garlic, onion and parsley in March 2016.
Sensient is a member of the European Flavour Association.The company does not test its products or raw materials on animals except when required by law.
Flavor, flavour, or taste is the perceptual impression of food or other substances, and is determined primarily by the chemical senses of the gustatory and olfactory system. The "trigeminal senses", which detect chemical irritants in the mouth and throat, as well as temperature and texture, are also important to the overall gestalt of taste perception. The taste of food, can be altered naturally or artificially.
Yeast extracts consist of the cell contents of yeast without the cell walls; they are used as food additives or flavorings, or as nutrients for bacterial culture media. They are often used to create savory flavors and umami taste sensations, and can be found in a large variety of packaged food, including frozen meals, crackers, snack foods, gravy, stock and more. They are rich in B vitamins, and so are of particular importance to vegans and vegetarians. Yeast extracts and fermented foods contain glutamic acid, an amino acid which adds an umami flavor. Glutamic acid is found in meat, cheese, fungi (mushrooms), and vegetables—such as broccoli, and tomatoes.
Tequila is a distilled beverage made from the blue agave plant, primarily in the area surrounding the city of Tequila 65 km (40 mi) northwest of Guadalajara, and in the Jaliscan Highlands of the central western Mexican state of Jalisco.
Perfume is a mixture of fragrant essential oils or aroma compounds, fixatives and solvents, usually in liquid form, used to give the human body, animals, food, objects, and living-spaces an agreeable scent.
The organic movement broadly refers to the organizations and individuals involved worldwide in the promotion of organic food and other organic products. It started during the first half of the 20th century, when modern large-scale agricultural practices began to appear.
Kashi is a maker of whole grain cereals and other plant-based foods sourced from regular farming practices. Founded in San Diego in 1981, the company makes over 90 products sold in the U.S. and Canada. Its original cereal was identified by the tagline "Seven Whole Grains on a Mission". The company name is a blended term derived from "kashruth", meaning kosher or pure food, and "Kushi", the last name of the founder of American macrobiotics, Michio Kushi.
Firmenich SA is a private Swiss company in the fragrance and flavor business. It is the largest privately owned company in the field and ranks number two worldwide. Firmenich has created perfumes for over 100 years and produced a number of well-known flavors.
Kerry Group plc is a public food company headquartered in Ireland. It is quoted on the Dublin ISEQ and London stock exchanges.
Arrack is a distilled alcoholic drink typically produced in the Indian subcontinent and Southeast Asia, made from the fermented sap of coconut flowers or sugarcane, and also with grain or fruit depending upon the country of origin. It is sometimes spelled arak, or simply referred to as 'rack or 'rak. It is not to be confused with the anise-flavored distilled spirit called Arak or Araq.
Givaudan is a Swiss multinational manufacturer of flavours, fragrances and active cosmetic ingredients. As of 2008, it is the world's largest company in the flavour and fragrance industries.
International Flavors & Fragrances is an American corporation that produces flavors, fragrances, and cosmetic actives, which it markets globally. It is headquartered in New York City and has creative, sales, and manufacturing facilities in 44 different countries. The company is a member of the S&P 500 Index.
Quest International was a major producer of flavors, fragrances and food ingredients with sales of £560 million in 2005 before its acquisition by rival Givaudan. Quest created and marketed flavours and fragrance concepts and solutions for the fast-moving consumer goods industries. With operations in 31 countries, Quest made ingredients for foods, snacks, beverages, personal care, fine fragrances, and home hygiene products.
Frutarom Industries Ltd. is an Israeli-based company that specializes in the production and distribution of extracts for flavor and fragrance. In 2015 it had sales of over $872 million.
The company’s shares are traded on the London Stock Exchange and the Tel Aviv Stock Exchange, where it is a constitute of the TA-25 Index of leading shares.
Cosmetics ingredients come from a variety of sources but, unlike the ingredients of food, are often not considered by most consumers. Cosmetics often use vibrant colors that are derived from a wide variety of sources, ranging from crushed insects to rust.
Red Star Yeast Company, LLC is a joint-venture of Lesaffre, and Archer Daniels Midland Company.
Bell Flavors & Fragrances was founded in 1912 as the William M. Bell Company in Chicago, Illinois. The founder had been a flavor chemist with Kraft Foods in their confectionery and caramel division. In the early years, Bell sold his flavors to local shops and candy companies.
Robertet Group is a French fragrance and flavor manufacturer that specializes in natural raw materials founded in 1850.
Women's Voices for the Earth (WVE) is a feminist, womxn-led, North American environmental organization that specializes in research and advocacy regarding toxic chemicals used in products that disproportionately impact women's health, including cosmetics, menstrual care products, professional salon and cleaning products. WVE is a non-profit organization whose mission is to amplify women's voices to eliminate toxics that harm communities and health. With its inclusive vision of environmental work WVE has become a hub for visionary feminist environmentalism that recognizes the systemic connections between health, class, race, and the environment. Addressing the inter-connectivity of these various channels of exposure to toxic chemicals has been key to WVE's approach which is multi-scalar: targeting consumer behaviors, corporate practices, and government policies.
European Flavour Association (EFFA) is a non-profit European-level trade association of the flavor industry, based in Brussels, Belgium. Founded in 1961, the organisation originally focused on both flavours and fragrances, but has focused solely on flavours since 2006. Its members include 12 national and 10 direct member companies.