Nepal Rosin and Turpentine Limited was established & operated in 1987 as a Limited Liability Company by then His Majesty's Government of Nepal (HMG/N) with the financial & technical assistance from the former USSR. HMG/N also had made an investment through its Ministry of Finance and Forest Product Development Board. The plant was designed by the ZNILCH works at Nizhny Novgorod, Russia.
It was privatized by Nepal Government in April, 2007 through competitive bidding under the privatizations scheme and is currently known as Divya Rosin and Turpentine Pvt. Ltd. after acquisition.

Since the acquisition, Divya Rosin has employed numerous quality oriented team of people and has increased the production of resin to 2800 Metric Tons.
It has installed capacity of 8000 Metric Tons plants located at two different locations, Attariya (Far Western region of Nepal) & Biratnagar (Eastern region of Nepal) which can cover all Resins produced from East to West of Nepal. The factories are located nearest to delivery locations outside Nepal.
The company is managed with Corporate Governance by reputed Board of Directors, General Manager along with different departments & stake holders.