Estimated sales: 2,770 million CHF/$3,025.2 million
(accounting period: July 1 to June 30)
Estimated market share: 13.2%
CEO and Director: Patrick Firmenich
As with other key players in the industry, Firmenich has increasingly focused on the sustainability of its supply chains by going
to the source and working with local growing communities. By
its own count, the company purchases and processes more than
1,000 natural products from 170 botanical families from suppliers in more than 50 countries. A supply chain of this magnitude
increasingly requires involvement at-source.
Recently, the company began commercializing Bourbon vanilla
that has been sourced from farms in Madagascar to help a local
vanilla bean cooperative of more than 1,300 farming families
from 38 villages earn Rainforest Alliance certification.
“We are committed to the long-term sustainability of our
vanilla producers and supply chain; economically, socially and
environmentally, and believe that our customers value this commitment,” said Aldo Uva, president of Firmenich Flavors.
Meanwhile, Firmenich CEO Patrick Firmenich recently visited Haiti to build upon the company’s long-term commitment to
farmers in Haiti who cultivate high-quality vetiver in the region
of Les Cayes in the south of the country. In Haiti, more than
30,000 small-scale farmers cultivate vetiver in hillside fields,
providing an important source of income. In 2010, Firmenich
made a commitment under the Clinton Global Initiative platform
to work with vetiver farmers in Haiti to ensure the sustainable
production of vetiver oil. In 2012, at the Rio+ 20 Earth Summit,
Firmenich announced the formation of an official partnership
with the Swiss Development and Cooperation Agency (SDC)
in further support of vetiver farmers in Haiti.
Partnership goals of the Firmenich project include: improving
agricultural methods and training, recreating dynamic ecosystems
around the concerned farming communities, providing better
access to education, water, hygiene and nutrition; and offering
opportunities to local communities through job creation and
supplementary income for both women and men by diversifying crops and supporting entrepreneurial business ventures.
Firmenich, together with Haitian partner Agri-Supply, have
planted lime, bitter orange and ylang-ylang seedlings to provide
farmers with diversified crops. Firmenich selected the rural
agricultural village of Débouchette in the Les Cayes region to
pilot its sustainability work. Débouchette is the largest area in
Haiti producing high-quality vetiver.
“Many of our ingredients come from small holder farmers,”
said Firmenich. “Ultimately, our products connect consumers with communities around the world. We are committed to
sourcing and making these connections in a sustainable way.”
Patrick Firmenich; read Firmenich’s insights into renewable ingredients
on Page 16.
Meanwhile, Firmenich has agreed to expand its collaboration with Amyris Inc. to develop and commercialize renewable
ingredients for the flavors and fragrances market. Outside of
existing Amyris relationships, the new collaboration agreement
gives Firmenich exclusive access to the Amyris technology platform for the F&F market in exchange for significant funding
over the next six years. Exact amounts of the funding weren’t
Under a previous agreement established in November 2010,
Firmenich funded Amyris’s research and development to produce up to three F&F ingredients, with an initial fragrance oil
targeted for commercialization in early 2014. Under the new
agreement, Amyris and Firmenich will jointly select additional
target F&F ingredients that Amyris will develop and manufacture. Firmenich will market and distribute any ingredients
resulting from the collaboration exclusively in the F&F market. The companies said they will “both share in the economic
value derived from the sale of these ingredients.”