Rose Oxides
7th August 2024
Full Market History
Aug 07th, 2024
As a result of a recent factory fire that occurred in a BASF plant in Germany, BASF has declared Force Majeure on deliveries of a wide range of products, including aroma ingredients such as ionones. The incident caused damage to the plant, which resulted in a shutdown and subsequent supply disruption of many BASF products. This has significant implications for the wider flavor and fragrance market, though the full impact has yet to be felt.
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