The main components of frankincense oil are ketonic alcohol (olibanol), resinous matters (30 to 60 percent) and terpenes such as a-and p - pinene, camphene, dipentene and phellandrene.12 It also contains alpha pinene, actanol, bornyl acetate, linalool,
octyl acetate, incensole and incensyl acetate.13
Advising Solvay on: the sale of its Ionquest 290 and
octyl phosphonic acid business units to Italmatch Chemicals, a speciality chemical company based in Italy; and the proposed sale of its cellulose
acetate tow business to a private equity fund managed by Blackstone.