IFF sells German nitrocellulose business to Czechoslovak Group

International Flavors & Fragrances (IFF) has completed the sale of its nitrocellulose business, including the Walsrode Industrial Park in Germany, to Czechoslovak Group (CSG).
The unit, part of IFF’s Pharma Solutions, served coatings and printing inks sectors.
CEO Erik Fyrwald said the move supports IFF’s deleveraging strategy and focus on core operations.Read More