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Symrise AG and DRT have signed an agreement for DRT to acquire Pinova Inc., a manufacturer of specialty resins and chemical intermediates in Georgia, USA, for $150 million. Symrise and DRT will cooperate on product development and raw material supply.
“DRT will acquire Pinova Inc. and its diversified portfolio of industry applications as well as its Brunswick manufacturing site from Symrise.”symrise.com
Summarized from public sources; check the original articles before acting on it.