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DRT Acquires Stake in Indian Firm
5:06 AM MDT | April 13, 2011 | Deepti Ramesh
Dérivés Résiniques & Terpéniques (DRT; Dax, France), a company that specializes in the development of rosin and turpentine extracted from pine resin, says it has acquired shares in Crown Chemicals (Thane, India), a manufacturer of synthetic piperonal. Further details of the transaction were not disclosed. Crown Chemicals is a subsidiary of DRT’s Indian joint venture partner Anthea Aromatics (Navi Mumbai), a producer of ingredients for flavors and fragrances. Through the investment in Crown Chemicals, DRT says it reaffirms its...
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