Solvay, a leading global producer of ingredients of flavour and fragrance, has concluded an equity investment to take a significant minority shareholding in Catàsynth Speciality Chemicals.
This will be the company’s first investment in India in a joint venture. The amount of investment in Phase I by Solvay and the Anthea Group, which has set up Catàsynth, is $40 million. Solvay is a 155-year-old company headquartered in Brussels with around 24,500 employees in 61 countries and net sales of 10.3 billion euros in 2018.
Anthea Aromatics Private, a leading manufacturer of speciality chemicals in India, makes downstream products
This will be the company’s first investment in India in a joint venture. The amount of investment in Phase I by Solvay and the Anthea Group, which has set up Catàsynth, is $40 million. Solvay is a 155-year-old company headquartered in Brussels with around 24,500 employees in 61 countries and net sales of 10.3 billion euros in 2018.
Anthea Aromatics Private, a leading manufacturer of speciality chemicals in India, makes downstream products

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