Rossari Global DMCC Establishes Step-Down Subsidiary in Jebel Ali Free Zone

Rossari Global DMCC has established a step-down wholly owned subsidiary, Rossari Biotech Trading FZE, with a primary focus on trading and manufacturing activities, including the distribution and sales of chemicals and consumer products for export markets. This move marks an expansion of Rossari Biotech's operations, leveraging its position as a leading specialty chemicals manufacturing company in India. The new subsidiary, incorporated in the Jebel Ali Free Zone (JAFZA), will cater to the needs of the FMCG, apparel, poultry, and animal feed industries. This strategic move is expected to enhance Rossari Biotech's global presence and market share.

Key Takeaways:

• Rossari Global DMCC established a step-down wholly owned subsidiary, Rossari Biotech Trading FZE, on October 07, 2024.
• The new subsidiary will focus on trading and manufacturing activities, including the distribution and sales of chemicals and consumer products for export markets.
• Rossari Biotech Trading FZE will primarily serve the FMCG, apparel, poultry, and animal feed industries.
• The incorporation was facilitated through the order of Registrar of JAFZA received on October 08, 2024.

Key Statistics:

• Rossari Biotech is one of the leading specialty chemicals manufacturing companies in India.
• The company provides customized solutions to specific industrial and production requirements of its customers.
• Rossari Biotech's product portfolio includes home, personal care, and performance chemicals; textile specialty chemicals; and animal health and nutrition products.
• The step-down subsidiary will operate in the Jebel Ali Free Zone (JAFZA).

Sources:

• Accord Fintech, "Rossari Global DMCC has incorporated a step down wholly owned subsidiary in the name of 'Rossari Biotech Trading FZE'"