Apr 03, 2018
Ingevity announces agrochemical business partnership with DRT
PRESS RELEASE
NORTH CHARLESTON, S.C., April 3, 2018 – Ingevity has announced a global joint-development partnership with French chemical company Dérivés Résiniques et Terpéniques (DRT) involving the companies’ agrochemical businesses. This agreement will leverage Ingevity’s global technical sales and marketing network to maximize sales of DRT’s specialty agrochemical adjuvants, fruit coatings and sulfur milling products.
“Partnering with DRT strengthens our commitment to providing value-added products and sustainability to our customers,” said Thomas Sisson, global business manager at Ingevity. “By offering a broader portfolio of products based on natural terpene, wood and gum rosins in addition to Ingevity’s lignin and tall oil derivatives, we are able to serve our clients better.”
Beginning in March 2018, this supply and distribution alliance will provide Ingevity customers with global access to DRT’s innovative products. This will allow Ingevity to expand its resin product offerings for the global agrochemical markets.
“This partnership will expand DRT’s reach in the fast-growing agrochemical adjuvants segment,” said Isaac Moussan, vice president of sales and segment head agrochemicals for DRT. “Ingevity’s strong global team, in combination with DRT’s unique technologies, will aid customers in finding solutions that meet the challenges the industry faces today.”
Ingevity: Purify, Protect and Enhance
Ingevity provides specialty chemicals and high-performance carbon materials and technologies that purify, protect and enhance the world around us. Through a team of talented and experienced people, Ingevity develops, manufactures and brings to market products and processes that help customers solve complex problems. These products are used in a variety of demanding applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, publication inks and automotive components that reduce gasoline vapor emissions. Headquartered in North Charleston, South Carolina, Ingevity operates from 25 locations around the world and employs approximately 1,500 people. The company is traded on the New York Stock Exchange (NYSE: NGVT). For more information visit www.ingevity.com.
About Dérivés Résiniques et Terpéniques
Dérivés Résiniques et Terpéniques (DRT) specializes in the development of rosin and turpentine extracted from pine resin. DRT mainly supplies high-value products to more than 20 industries including perfume, adhesive, tire and health and nutrition markets. DRT has numerous sales offices and industrial sites across the globe, including four factories in France, two in the U.S., one in China and three in India through a joint venture. Headquartered in Landes, France, DRT employs approximately 1,300 people and boasts sales of €500 million. To learn more about DRT, visit www.drt.fr/en.html.
