Interesting snippet about Privi’s competitor.
Anthea Aromatics Pvt. Ltd. (AAPL) was founded by Dr. Vincent Paul in 1991 for manufacturing of chemical intermediaries used in Flavor and fragrances. AAPL has its in-house research and development center located in Rabale, Navi Mumbai which is headed by Dr. Vincent Paul. Through its in-house R&D and tie-ups with various research organizations, AAPL has been able to develop processes for a large basket of synthetic chemicals which find its applications in flavor & fragrances, Pharmaceuticals, and agrochemicals. AAPL has its manufacturing plant for Shanol, Trycyclodecane ketone, Ethyl Methyl Pentenoate, and other chemicals with total in-house manufacturing capacity of 120 MTPA; while other chemicals such as Anthember, Dihydromyrcenol, Piperonal etc. are manufactured by group companies DRT-Anthea Aroma Pvt. Ltd. (50-50 JV between AAAPL and DRT (France))and Crown Chemicals Pvt. Ltd. (JV between AAAPL and DRT (France)).
http://www.careratings.com/upload/CompanyFiles/PR/Anthea%20Aromatics%20Pvt.%20Ltd.-01-10-2019.pdf
Disc: Not invested or have any tracking positions.