Camlin Fine Sciences’ wholly owned subsidiary — CFS de Mexico Blends, S.A.P.I. DE C.V. (CFS Blends), has acquired 33.50% stake in Dresen Quimica S.A.P.I. DE C.V. (Dresen) from Controladora De Servicios Riso S.A.P.I. de C.V. (Joint venture partner) for an consideration amount of $8.50 million. The Company (along with CFS Blends) now holds 98.50% stake in Dresen.
Camlin Fine Sciences is the world’s second largest manufacturer and marketer of food grade antioxidants BHA (butylated hydroxyanisole) and TBHQ (Tertiary Butylhydroquinone).
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.