Pine Rosins

What Pine Rosins does

Pine Rosins (legal entity: KEMI – Pine Rosins Portugal, S.A.) is a Portuguese specialty chemical manufacturer founded in 2017 in Cantanhede, Portugal, that converts crude gum rosin and wood rosin into refined derivatives through proprietary esterification and polymerization processes. Its core technology includes a distinctive tubular reactor enabling continuous ester production with lower energy consumption and higher yield than traditional batch reactors. The product portfolio spans approximately 14 specialty SKUs, including disproportionated gum rosin, glycerol esters, pentaerythritol esters, diethylene glycol esters, maleic and fumaric rosin adducts, polyterpene resins, custom compounds, water-based dispersions, and—in April 2025—a newly launched 100% bio-based polymer resin line developed under the RN21 Integrated Project.

The company serves seven primary industrial verticals: adhesives (water-based, solvent-based, hot-melt, and pressure-sensitive formulations), food and beverage (chewing gum base and beverage weighting agents, supported by FSSC 22000, Halal, and Kosher certifications), road marking (thermoplastic paint binders), cosmetics (depilatory waxes and film-forming agents), rubber (tackifiers for natural rubber, SBR, butyl, SIS, EVA), paper sizing (internal and surface sizing agents), and inks and varnishes (flexographic and solvent-based systems). Food & Beverage and Adhesives are identified as the primary segments. Headcount is 51–100 employees across manufacturing, R&D, and commercial functions.

Pine Rosins operates a sales-led B2B industrial model with direct distribution through an in-house commercial team, selling in bulk to industrial manufacturers via quote-based pricing with no public price list. Go-to-market is supported by participation in international trade fairs (European Coatings Show, FEICA, Food Ingredients Europe, Intertraffic, Cosmoprof, ISM Cologne, China Gum Rosin Trade Conference) and direct field engagement. Geographic reach currently spans Portugal, Germany, Spain, Netherlands, China, and Italy, with international sales projected to scale from €2.24M to €11.91M under the BioTack Resins Internationalization 2020–22 project. Growth has been financed primarily through non-dilutive EU structural funding (FEDER, FSE, COMPETE 2020/2030, and Portugal's Recovery and Resilience Plan), totaling approximately €1.14M in grants across three projects between 2016 and 2022.

Name

Pine Rosins

Legal name

KEMI - Pine Rosins Portugal, S.A.

Website

https://pinerosins.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Pine Rosins (KEMI – Pine Rosins Portugal, S.A.) is a Portuguese specialty chemical manufacturer producing rosin-based derivatives—polymerized rosins, esters, polyterpene resins, and bio-based dispersions—for B2B industrial customers in adhesives, food and beverage, road marking, cosmetics, rubber, paper, and inks.

Ownership category

akta.pro rank

Product category

Specialty Chemicals

NAICS

Adhesive Manufacturing (325520)

SIC

Adhesives & Sealants (2891), Converted Paper & Paperboard Prods (No Contaners/Boxes) (2670)

akta.pro primary industry

Bio-based Adhesives, Coatings & Sealants (lignin/tannin/soy-based) (IMAMALAG)

akta.pro secondary industry

Textile, Leather & Paper Specialty Chemicals (IMAEABAM)

Keywords

• Rosin specialty chemicals
• Polymerized gum rosin
• Polyterpene resin production
• Bio-based adhesive tackifiers
• Pine resin derivatives

Headquarters

HQ city

Cantanhede

HQ country

Portugal

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Specialty Chemical Sales: Manufacture and sale of rosin derivatives including gum rosin, wood rosin, disproportionated rosin, polymerized rosins, glycerol esters, pentaerythritol esters, diethylene glycol esters, polyterpene resins, maleic rosin adducts, and fumaric rosin adducts. Products sold in bulk quantities to industrial manufacturers.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Pine Rosins (legal name: KEMI – Pine Rosins Portugal, S.A.) is a Portuguese specialty chemical manufacturer that converts crude gum rosin and wood rosin into refined derivatives, including polymerized rosins, glycerol and pentaerythritol esters, diethylene glycol esters, polyterpene resins, maleic and fumaric rosin adducts, water-based dispersions, and custom compounds. The products are sold in bulk to industrial manufacturers in the adhesives, road marking, cosmetics, food & beverage, rubber, paper sizing, and inks & varnishes sectors, with food-grade grades backed by FSSC 22000, Halal, and Kosher certifications.

Product overview

Pine Rosins (KEMI – Pine Rosins Portugal, S.A.) is a manufacturer of natural rosin and pine resin derivatives offering a comprehensive portfolio of chemically modified products. The product line includes: Gum Rosin variants (Disproportionated, Non Crystallizing, Polymerized); Rosin Esters such as Glycerol Esters (PR315), Pentaerythritol Esters (PR268), Diethylene Glycol Esters (PR388), and Maleic/Fumaric modified esters; Polyterpene Resins (PR938); Water Base Dispersions (PR1000); and specialty Compounds (PR900). These products serve diverse industrial markets including adhesives, road marking, cosmetics, food & beverage, rubber, and paper sizing. In 2025, the company launched its first 100% bio-based polymer resin as part of its sustainable innovation strategy, aligning with the RN21 Integrated Project for bioeconomy development.

Differentiator

Problem solved

Functional benefit

Brands

• KEY SOLUTIONS: Strategic supplier brand positioning for high-value specialty resin solutions across industrial applications including cosmetics, adhesives, and food ingredients.

Products and services

• Disproportionated Gum Rosin (PR097) A modified rosin with enhanced thermal stability and oxidation resistance, used by industrial manufacturers in adhesives, coatings, and related applications.
• Non Crystallizing Gum Rosin (PR537) Gum rosin specially processed to prevent crystallization, maintaining clarity and consistency across industrial formulation applications.
• Polymerized Gum Rosins (PR059) Chemically polymerized rosins with improved hardness, higher softening point, and enhanced resistance properties for industrial adhesive and coating applications.
• Diethylene Glycol Ester (PR388) Viscous liquid ester obtained by esterification of rosin with diethylene glycol, used as a tackifier and plasticizer in floor coating adhesives, depilatory waxes, and road marking paints.
• Pentaerythritol Ester of Gum Rosin/Wood Rosin (PR268) Ester of rosin with pentaerythritol providing excellent thermal and oxidation resistance, compatible with EVA, SIS, SBR, natural rubber, and hydrocarbon resin systems.
• Glycerol Ester of Gum Rosin (PR315) Ester produced by reacting rosin with glycerol at high temperature, with higher softening point, lower acid value, and higher thermal resistance; used as a tackifier in adhesives, depilatory waxes, road marking paints, chewing gum base, softeners, and beverage weighting agents.
• Pentaerythritol Ester of Modified Gum Rosin (PR154) Modified gum rosin ester offering enhanced performance properties for demanding adhesive and coating applications.
• Maleic Rosin Adduct Partially Esterified with Glycerol (PR161) Maleic-modified rosin adduct esterified with glycerol, providing enhanced tackifying properties for industrial adhesive formulations.
• Fumaric Rosin Adduct (PR048) Diels-Alder reaction product of rosin with fumaric acid, offering high softening point and excellent performance in flexographic inks and road marking paints.
• Rosin Fumarated Polymer with Glycerol (PR106) Resin obtained by Diels-Alder reaction of fumaric acid with rosin and esterified with glycerol, with high softening point and high acid value for flexographic inks and road marking applications.
• Polyterpene Resins (PR938) Food-grade polyterpene thermoplastic resins with pale color, excellent aging, UV and thermal stability derived from copolymerization of alpha and beta pinene; suitable for chewing gum compositions and thermoplastic adhesive systems.
• Water Base Dispersions (PR1000) Water-based dispersion products of rosin derivatives designed for environmentally friendly adhesive and coating formulations.
• Custom Compounds (PR900) Custom formulated rosin-based compound products designed for specific industrial applications and customer-specific requirements.
• 100% Bio-Based BioPolymer Resins First 100% bio-based polymer resin launched by Pine Rosins, developed from fully renewable sources and offering a sustainable alternative for industrial applications with reduced carbon footprint.

Quantifiable outcome

• International sales increased from €2,235,983 to projected €11,910,000 following BioTack internationalization project
• +2 more outcomes

Named customers7 records

Segments7 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• University of Coimbra - Department of Chemical EngineeringcoreStrategic or Co-development Partner · 7 April 2020R&D collaboration with 4 university researchers supporting the BioTack project for developing rosin-based polyurethane adhesive agents. The partnership contributes expertise in chemical engineering and provides access to research facilities for developing and testing new formulations.
• CoLAB ForestWISEcoreStrategic or Co-development PartnerCollaborative research laboratory focused on forest-based industries. The director of RN21 project, Rogério Rodrigues, is from CoLAB ForestWISE. The consortium demonstrates strategic potential of natural resin in national bioeconomy.
• RN21 Consortium (Resina Natural 21)coreStrategic or Co-development PartnerIntegrated Project 'Innovation in the Natural Resin Sector to Strengthen the Bioeconomy' involving multiple organizations working on sustainable resin applications. Pine Rosins contributed to tubular reactor optimization and biopolymer development. Project concluded May 2026 with 20 new products and 11 industrial prototypes.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Teckrez: Specialty manufacturer of tackifier resins including rosin esters and terpenes for adhesives and sealants. Comparable because it targets similar hot-melt and pressure-sensitive adhesive formulators with bio-derived tackifier chemistries.
• Eco Green Resins (Sumei Chemical): Emerging Asian producer of rosin-based and terpene-based specialty resins marketed as bio-based alternatives for adhesives and coatings. Comparable because it pursues the same bio-based sustainability positioning as Pine Rosins' 2025 BioPolymer launch.

Broad incumbents

• Kraton Corporation (DL Chemical): Global leader in styrenic block copolymers and tackifying resins including terpene and rosin esters for hot-melt, pressure-sensitive, and construction adhesives. Comparable product portfolio in tackifiers and polyterpene resins serving similar adhesive and rubber customers.
• Lawter (a Harima Chemicals group company): Producer of tackifier resins, terpene phenolic resins, and rosin-based products for adhesives, inks, and chewing gum. Comparable because it serves the same adhesives and food-ingredient end-markets with rosin-derived chemistries.
• Eastman Chemical Company: Global specialty chemicals platform that produces rosin-based tackifiers, terpene resins, and polymer modifiers for adhesives, chewing gum, and coatings. Comparable because it serves the same downstream applications (adhesives, food ingredients, rubber) with rosin-derived chemistries, but at vastly greater scale and across a broader portfolio.

Direct peers

• Foreverest Resources: China-based producer of gum rosin, polymerized rosin, and rosin esters for adhesives, chewing gum, and coatings. Direct peer because it competes in the same upstream-natural-resin value chain and downstream ester markets.
• DRT (Dérivés Résiniques et Terpéniques): French producer of rosin and terpene derivatives for adhesives, road marking, inks, and chewing gum. Direct peer because DRT and Pine Rosins share the same natural-resin upstream, the same esterification and polyterpene chemistry, and overlapping end-markets (adhesives, road marking, food).
• Florachem Corporation: US-based producer of gum rosin derivatives and terpene-based specialty chemicals for adhesives, flavors, and fragrances. Comparable because it serves overlapping food-grade and adhesive customers with rosin and terpene chemistries.
• Arakawa Chemical Industries: Japanese specialty chemical manufacturer focused on rosin esters, terpene phenolic resins, and adhesive tackifiers. Direct peer because Arakawa produces the same families of glycerol and pentaerythritol rosin esters for hot-melt, pressure-sensitive, and rubber-tackifying applications as Pine Rosins.

Regional players

• Baolin Chemical Industry Co. China-based gum rosin and rosin-derivative producer serving primarily Asian adhesive, rubber, and ink customers. Comparable because it competes in the same rosin ester and polyterpene resin space but is geographically anchored to Asia rather than Europe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pine-rosins

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pine Rosins