United Resins acquires 50% stake in Brazil's Florpinus

Portuguese pine chemical derivatives producer United Resins has acquired 50% of the share capital of Brazil's Florpinus Industria Quimica. The deal adds 35,000 t/yr pine oleoresin, 30,000 t/yr gum rosin processing, and 18,000 t/yr gum rosin derivatives capacity.

“Portuguese pine chemical derivatives producer United Resins has acquired 50pc of the share capital of Brazil's Florpinus Industria Quimica, the latter company said.”argusmedia.com

• 1 source
• argusmedia.comUnited Resins buys 50pc stake in Brazil’s Florpinus | Latest Market NewsLeonardo SiqueiraMar 25, 2024

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