Israel shares lower at close of trade; TA 35 down 1.36%
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Frutarom Industries Ltd., through its subsidiary, develops, produces, and markets flavors and fine ingredients for use in food, beverages, flavors, fragrances, pharma/nutraceuticals, cosmetics, and personal care products worldwide. It offers savory solutions, including flavors, natural colors, seasonings, functional ingredients, and natural antioxidants primarily for the meat and fish industry; natural health ingredients for use in dietary supplements, infant and elderly nutrition, cosmetics, and personal care; and natural colors, and fruit and vegetable concentrates for food, beverage, and cosmetics. The company also provides natural antioxidants and antimicrobials for natural food preservation and shelf life extension to beverages, cosmetic and healthcare products, and pet food and feed additives; flavor compounds and foods; and specialty fine ingredients, including botanical extracts, distillates, essential oils, and aroma chemicals for flavors and fragrances. The company was formerly known as Frutarom NewCo (1995) Ltd. and changed its name to Frutarom Industries Ltd. in 1996. Frutarom Industries Ltd. was founded in 1933 and is headquartered in Hertzliya, Israel. As of October 4, 2018, Frutarom Industries Ltd. operates as a subsidiary of International Flavors & Fragrances Inc.