International Flavor & Fragrances Inc. provided yesterday an update regarding its integration of Bush Boake Allen and the progress of its reorganisation plan announced last year. IFF also outlined its perspectives on 2001. Richard A. Goldstein, Chairman and Chief Executive Officer, said "IFF began 2001 with two main priorities – continuing to focus on the integration of BBA and further implementing our reorganization. As a result, we have streamlined the Company, strengthened relationships with our key customers through enhanced customer service, invested in business development and implemented programs to retain and incentivize key employees. We are confident that this back-to-basics approach will enable IFF to achieve superior long-term operating results and enhance shareholder value."
