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Home›Marine financing›Fragrance creators applaud passage of shipping reform law

Fragrance creators applaud passage of shipping reform law

By Andre Cruz
June 16, 2022
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Featured Image for the Perfume Creators Association

Featured Image for the Perfume Creators Association

WASHINGTON, June 16, 2022 (GLOBE NEWSWIRE) — Farah K. Ahmed, President and CEO of the Fragrance Creators Association, released the following statement after the House passed and President Biden endorsed the ‘Ocean Shipping Reform Act, S. 3580:

“Fragrance Creators applauds the final passage and Presidential signing of the Ocean Shipping Reform Act (OSRA). We echo President Biden feelings that this bill is one piece of a puzzle to combat rising costs and inflation in the United States and were thrilled to see his swift signing on the bill making it law. We thank our more than 60 diverse member companies for enabling fragrance creators to play an active and integral role in advancing this legislation, directly engaging more than 50 congressional offices and indirectly targeting many more through through widely circulated letters.

“As the initiator of the legislation, together with our allied trades, we are pleased to play an active role in advancing this important legislation designed to address the shipping supply chain challenges that ultimately impact on consumers in the form of higher prices and emptying shelves.

“Fragrance is a critical input into a myriad of end products, including personal care, cleaning and sanitizing, and the delay in fragrance supply has a ripple effect on the value chain. why Fragrance Creators is fully committed to supporting supplier diversity, a strong, adaptable and resilient supply chain, and legislation such as OSRA.

“The Merchant Shipping Act was last amended over 20 years ago. The industry has changed significantly since that last update and because of this we are facing long term systemic issues. date of supply chain and port disruption and congestion. While they existed before 2020, the COVID-19 pandemic has only amplified these challenges. OSRA is helping to address both the issues long-standing and those exacerbated by the COVID-19 pandemic by enhancing the role of the Federal Maritime Commission to address practices such as unreasonable demurrage and other charges, to combat other unreasonable business practices, and Moreover.”

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Fragrance Creators Association is the primary fragrance trade association representing the majority of fragrance manufacturing in North America. We also represent fragrance-related interests throughout the value chain. The more than 60 member companies of Fragrance Creators are diverse, including large, medium and small companies that create, manufacture and use fragrances and fragrances for home care, personal care, home design, fragrances purposes and industrial and institutional products. , as well as those supplying fragrance ingredients, including natural extracts and other raw materials used in perfumery and fragrance blends. Fragrance Creators created and administers the Congressional Fragrance Caucus, ensuring ongoing dialogue with members of Congress and staff. We actively participate in IFRA and have a designated representative on the IFRA Board of Directors to ensure that association members are represented in global discussions and that the North American perspective is considered in positions. and global fragrance policies. Fragrance Creators also produces The Fragrance Conservatory, the comprehensive digital resource for high-quality fragrance information—www.fragranceconservatory.com. Find out more about the perfume creators on fragrancecreators.org—for people, fragrance and the planet.

Contact: Katie Cross

[email protected]

+1 571 317 1500

Related Images

Picture 1

Blue shipping container with the Fragrance Creators logo (a multicolored droplet) on it

This content was published via the newswire.com press release distribution service.

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