DAX, France — February 9, 2018 — DRT, global producer of ingredients derived from plant-based chemistry, and Mangalam Organics Ltd., an Indian manufacturer of resins, have entered into a supply and distribution alliance for terpene phenolic resins.
DRT will become the worldwide distributor of Mangalam’s terpene phenolic resins, reinforcing its position on the Indian and Asian regions. With this alliance, DRT will complete its broad range of resins for tire and adhesive markets on which it has gained a worldwide recognition thanks to its expertise.
Mangalam Organics will benefit from this alliance to develop its turnover on this product line.
As explained by Eric Moussu, sales and Marketing director of DRT: “With its compelling portfolio and impressive access to Indian markets, Mangalam Organics Limited is an ideal partner. This agreement will allow us to reinforce our position in Asia with highly competitive resins produced locally for growing market like tire or adhesive industries. We will also have a dedicated technical team which will be able to give its support to the existing and future customers. We see a lot of opportunities for growth as we combine our activities, providing more value to customers.”
Posted February 9, 2018
Source: AUTEFA Solutions Germany GmbH