IHS Chemical Week
DISTRIBUTION

Jarchem Industries partners with California distributor

January 11, 2017 | Jing Chen

Jarchem Industries (Newark, New Jersey) says it that it has selected Pacific Coast Chemicals (San Francisco, California) to distribute its personal-care products on the West Coast, effective 1 January. Terms of the partnership have not been disclosed. Pacific...

Advent's GTM acquires Brazilian distributor quantiQ

January 10, 2017 | Vincent Valk

Distributor GTM Holdings (San Jose, Costa Rica), which is owned by private equity firm Advent International (New York), has acquired quantiQ, a major Brazilian chemical distributor, from Braskem. The deal is valued at R$550 million ($172 million). QuantiQ is...

Queen Elizabeth honors founder of chemical distributor 2M for services to industry

January 10, 2017 | Ian Young

The award recognizes job creation, exports, and helping young people with STEM education....

Chemtura announces distribution agreement with Azelis

January 6, 2017 | Jing Chen

Chemtura has named Azelis Americas as the sole distributor for its flame retardant products in the US and Canada, effective 1 February. The distribution agreement with Azeliz will include Chemtura’s complete brominated and phosphorus flame retardant...

Azelis opens office in Ivory Coast

January 4, 2017 | Ian Young

Specialty chemicals distributor Azelis (Antwerp, Belgium) has opened an office at Abidjan, Ivory Coast. The office will initially focus on the supply of specialty ingredients to the food and health and personal-care markets. Teams from Azelis's French...

IMCD buys specialties distributor in Turkey

December 22, 2016 | Ian Young

IMCD (Rotterdam, Netherlands) says it has acquired Feza Kimya (Istanbul, Turkey), a distributor of specialty chemicals to the coatings, plastics, rubber, lubricants, and detergents sectors in Turkey. The company had sales of €8 million in 2015. The...

Evonik to end APAC cooperation with Chr. Hansen

December 19, 2016 | Michael Ravenscroft

Evonik Industries says that it will end its cooperation with Chr. Hansen (Hørsholm, Denmark), a bioscience company specializing in cultures, enzymes, and fermentation, in the APAC region, effective 31 December. Evonik had been a distributor for Chr...

Maroon Group acquires Connecticut specialty chemicals distributor

December 19, 2016 | Jing Chen

Chemicals distributor Maroon Group (Avon, OH) has acquired Cadence Chemical (Stamford, Connecticut), a distributor of specialty chemicals. Terms of the transaction were not disclosed. Following the close of the deal, Cadence’s management team, led by...

Nexeo earnings fall on weak results in chemicals

December 8, 2016 | Vincent Valk

Distributor Nexeo Solutions today reported fiscal fourth quarter net income down 10.3% year-on-year (YOY), to $8.7 million, on sales down 8.4%, to $851.4 million. Profits fell due to lower sales volumes, a result of weak demand from industrial customers...

Ravago Chemical acquires California distributor

December 7, 2016 | Jing Chen

Ravago Chemical (Orlando, Florida) has acquired specialty chemicals distributor Pacific Coast Chemicals (San Francisco, California) for an undisclosed amount. Pacific Coast Chemicals will continue to operate under the same name, and business will not be...

Gazechim acquires distribution business from Rubis

December 5, 2016 | Ian Young

Logistics and distribution company Rubis (Paris, France) says it has decided to sell its Multigas (Domdidier, Switzerland) subsidiary to Gazechim (Béziers, France). Multigas is a distributor of ammonia, LPG, and special gases. The decision follows a...

SABIC completes divestment of Polymershapes to Blackfriars

December 1, 2016 | Clay Boswell

SABIC has completed the sale of Polymershapes (Huntersville, North Carolina) to investment firm Blackfriar Corp., which says the business, a distributor of plastic sheet, rod, tube, film, and related products, is now operating as a standalone company. The deal, announced in September, was closed on 28 November. Financial terms were not disclosed....

Distributor Safic-Alcan establishes subsidiary in Hungary

November 28, 2016 | Ian Young

Specialty chemical distributor Safic-Alcan (Paris, France) sayd it has formed a new subsidiary, Safic-Alcan Magyarország that will service Hungary's industrial manufacturing sector, effective immediately. The new entity, based near Budapest, will...

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