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IFF To Invest Over $50 Million In Jakarta, Indonesia To Support Growth In ASEAN Markets

Stocks in this article: IFF

About IFF International Flavors & Fragrances Inc. (NYSE: IFF) is a leading global creator of flavors and fragrances used in a wide variety of consumer products. Consumers experience these unique scents and tastes in fine fragrances and beauty care, detergents and household goods, as well as beverages, sweet goods and food products. The Company leverages its competitive advantages of consumer insight, research and development, creative expertise, and customer intimacy to provide customers with innovative and differentiated product offerings. A member of the S&P 500 Index, IFF has more than 5,800 employees working in 32 countries worldwide. For more information, please visit our website at www.iff.com.

Forward-Looking Statements This press release contains forward-looking statements under the Federal Private Securities Litigation Reform Act of 1995, which are often identified by words like “believe,” “assume,” “expect,” “should” or similar expressions, and includes statements regarding our expectations with respect to (i) the timing and amount of the investment in the Indonesia facility, (ii) the dates by which the Indonesian creative center will open and when the manufacturing expansion will be completed and (iii) the benefits to us and our customers of the added manufacturing capacity and new creative center. These forward-looking statements are qualified in their entirety by cautionary statements and risk factor disclosures contained in IFF’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K filed with the Commission on February 26, 2013. We wish to caution readers that certain important factors could cause actual results to differ materially from those expressed in any forward-looking statements made in this press release, including (1) the timing of, and ability to receive, regulatory and other third party approvals necessary for the manufacturing expansion and the opening of the new Indonesian creative center, (2) the ability to complete these projects within the anticipated budgets and (3) the economic climate in the ASEAN markets and future customer demand in the ASEAN markets for IFF’s products.



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