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Implementation costs could exceed $2 billion, according to IFRA.
June 22, 2022
By: TOM BRANNA
Editor
Proposed sustainability regulations in the European Union could negatively impact the global fragrance industry. A new study on the business impact of the EU Commission’s proposed Chemicals Strategy for Sustainability put the fragrance industry at a crossroads, with transformations needed to safeguard and promote prosperity of the sector in Europe, according to The International Fragrance Association (IFRA). The study, conducted on behalf of IFRA, suggests a negative impact on the industry of...
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