IHS Chemical Week

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Brenntag Expects Huge Growth in its Business in Asia

7:49 AM MDT | July 2, 2012 | Deepti Ramesh

Brenntag, the global leader in chemical distribution, expects to generate annual sales of about $1 billion in the Asia/Pacific region within five years, Steven Holland, CEO of Brenntag, tells CW. Brenntag, which entered the Asian market in 2008 through the acquisition of the chemical distribution business of Rhodia, currently has about a 2% share in the $40 billion-$42 billion chemical distribution market in the Asia/Pacific. Steven Holland was in Mumbai last week to open the company’s new head office in India. India offers huge growth opportunities for...

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