MVW Specialty Chemicals, France-based DRT enter alliance
MWV Specialty Chemicals, a division of MeadWestvaco Corp., recently announced that it has entered into a strategic alliance with French company DRT, a producer of plant-based rosin and turpentine derivatives.
According to information released by MWV Specialty Chemicals, the alliance is a manufacturing and distribution agreement for core products to both companies. Under the terms of the agreement, MWV will purchase and market pine-based derivatives from DRT in North America and Europe, while DRT will focus on core markets and manufacturing expertise.
The companies state that the alliance will provide customers with access to additional materials, a dedicated team of technical experts in Europe and North America, and state-of-the-art research applications development laboratories. MWV Specialty Chemicals also noted that customers will benefit from improved production and distribution, and will also gain access to the latest technological advancements and innovations.
“This partnership will certainly benefit our respective customers as it brings together two market leaders known for differentiated, innovative products and strong technical expertise,” said Christian MacIver, general manager, Pine Chemicals, MWV Specialty Chemicals. “It also expands our manufacturing footprint, offering better access to key raw materials and overall improved service for our global customers.”
While Biorefining Magazine was unable to reach representatives of the either company for further comment, DRT’s website notes that the company has specialized in the development of rosin and turpentine extracted from pine resin since 1932. According to information published by the company, these materials are used to produce more than 250 end products, including perfume, adhesives and rubber.
Regarding its resin products, information published by DRT specifies that they are based on tall oil, gum rosin and terpenes derived from renewable resources. Products in DRT’s resin can be used as plant-based binders for the road sector, gum-based chewing gums or in the polymerization of rubber. DRT’s products can also be used in paints and varnishes. Terpenes, alternatively, are an ingredient used in natural essences and essential oils.