IHS Chemical Week
DISTRIBUTION

Distribution slows

2:21 PM MDT | May 21, 2013

Our cover story this week shows how the traditional resilience of the distribution sector is being tested by the recession in Europe (p. 23)...


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Distribution: Momentum slows in a challenging market

Europe’s chemical distributors struggled to increase revenue last year....

UK-based distributor joins FECC

Cornelius Group (Bishops Stortford, UK) has joined the European Association of Chemical Distributors (FECC; Brussels) as a company member, FECC says. Cornelius is an independent distributor of specialty chemicals and ingredients with operations in France...

Koda Distribution acquires PA-based specialty chemical distributor

Koda Distribution Group (Stamford, CT), a specialty chemical distributor, has announced that it has acquired EW Kaufmann (Bristol, PA). Koda says this acquisition will strengthen its coatings, adhesives, sealants, and elastomers (CASE) market in the United...

NatureWorks names distributor for Brazilian market

NatureWorks (Minnetonka, MN) has named Cromex (São Paulo) as its distributor for Ingeo biobased polymers in Brazil, NatureWorks has announced. Cromex will distribute NatureWorks' biobased polymers to its customer base of thermoformers, film extruders...

Univar acquires commodities distributor in Mexico

Univar says it has acquired Quimicompuestos (Monterrey, Mexico), a distributor of commodity chemicals in Mexico. Financial terms of the agreement were not disclosed. Quimicompuestos has relationships with more than 50 key suppliers and delivers in excess of...

Brenntag acquires AdBlue distributor in Australia

Brenntag says it has signed a purchase agreement to acquire the distribution business of Blue Sky Environment (Brisbane, Australia). Blue Sky is a distributor of AdBlue with a national storage and dispensing network across Australia. AdBlue is a non-toxic and...

Isagro reports €3.3-million net loss during first quarter owing to poor weather conditions

Isagro (Milan) reports a €3.3-million ($4.3 million) net loss during the first quarter of 2013 compared with a €668,000 profit in the same period last year. Ebitda also contracted to €1.01 million during the reporting period compared with...

Chemicals sector rail traffic rises 1.7%

Chemicals sector rail traffic in North America rose 1.7% year-on-year (YOY) during the week ended 4 May, to 44,540 cars, according to the Association of American Railroads (AAR; Washington). US traffic was down 0.1%, to 30,446 cars. Canadian traffic rose...

Brenntag's earnings fall on weak economy

Brenntag reports a 12% drop in first-quarter profit after tax compared with the same period of 2012, to almost €70 million ($92 million), on sales up 1.4%, to €2.4 billion. Gross profit edged up 0.6% year-on-year (YOY), to €478 million, but...

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