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Stock impact report

Sensient Colors Offers Recommendations to Manufacturers Facing Switch from Red 3 [Yahoo! Finance]

Sensient Technologies Corporation (SXT) 
Last sensient technologies corporation earnings: 2/14 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.sensient.com/investor-overview
Company Research Source: Yahoo! Finance
ST. LOUIS March 4, 2025 /PRNewswire/ -- On January 15, 2025 , the FDA announced their decision to revoke the authorization for the use of FD&C Red No. 3 in food and ingested drugs. This will be effective January 15, 2027 , for food products and January 18, 2028 , for ingested drugs. Manufacturers will need to reformulate and remove Red 3 to meet these dates but should start sooner to get ahead to avoid the consequences of being left behind. The conversion to natural color is only accelerating in food and beverage. See how to make the change here A Limited Supply of Natural Color It only takes one large company to take all the current supply of a natural product. If companies wait, they may have to reformulate with another available product that does not provide the desired color, cost, or performance. Natural resources are finite, and a total conversion cannot be made overnight. Food Color & Consumer Preference It is not just legislation that food and beverage companies sho Show less Read more
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