MeadWestvaco acquires Brazilian pine chemicals company

MeadWestvaco Corp.’s subsidiary MWV Specialty Chemicals says it has completed the purchase of Brazilian-based Resitec Industria Quimica, a producer of products for the rubber, lubricants, food and adhesives markets—mainly serving the Latin American pine chemicals industry. Resitec’s operations include a manufacturing facility at Rio de Janeiro, Brazil as well as an administrative office in Rio de Janeiro and a tall oil refinery at Santa Catarina, Brazil. “We welcome our new colleagues to MWV,” says Ed Rose, president of MWV Specialty...

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