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Chemical Week Magazine :: Cover Story

Azelis adjusts strategy, improves financial standing

7:23 AM MDT | May 9, 2014 | —Ian Young

Müller: Setting ambitious growth targets. Azelis (Antwerp), a specialty chemicals distributor and one of Europe’s top five distributors, with sales of about €1 billion/year, altered its course in October 2012 when it appointed CEO Hans-Joachim Müller. Müller is a veteran of the chemical manufacturing industry, having held senior executive positions at the former Süd-Chemie and Clariant. Azelis’s majority owners, private equity firm 3i, decided that Azelis needed to focus on different priorities after the former management...

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