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Member news

Member news

Brenntag acquires a regional US specialty chemicals distributor and a lubricants business
Brenntag has acquired New England Resins & Pigments Corporation, a regional distributor of specialty chemicals and packaging solutions with commercial operations predominantly in the New England states. The company services mainly the coatings and constructions, adhesives and other specialty industries. See here.

In addition, Brenntag signed an agreement to acquire the lubricants division of Reeder Distributors. Reeder Distributors that is a regional, integrated lubricant distributor headquartered in Fort Worth, Texas, USA. Reeder Distributors' fuel and equipment divisions are not part of the acquisition. See here.

In addition Brenntag has agreed regional partnerships with Infineum (here and here),  Wanhua America (here), 3M (here), Hexion (here), MANE (here) and Tee Hai Chem Pte (here).

Univar completes acquisition of Nexeo Solutions and re-launches as Univar Solutions
Univar has completed the acquisition of Nexeo Solutions. The company is rebranding the combined business as Univar Solutions. Earlier it was announced that Univar and Nexeo Solutions would divest its Nexeo Solution’s plastics distribution business to One Rock Capital Partners for an enterprise value of $640 million, subject to customary closing adjustments. See here and here.

STOCKMEIER acquires the industrial chemicals division of Spanish distributor, Indukern
The German-headquartered STOCKMEIER Group has bought the industrial chemicals distribution division of the Spanish Indukern. The division generated sales of € 80 million with 70 employees last year. The agreement was a result of Indukern's decision to focus its growth strategy on life sciences. See here.

Azelis acquires companies in India, Poland and Canada
Azelis has acquired 100% of family-owned distributor, MK Ingredients & Specialties and SSD Industries in India. MK is well respected in the local market and has strong relationships with customers in food applications such as confectionery, bakery and dairy. Non-food segments include paints and coatings as well as chemicals for industrial markets. Azelis will also take over MK’s food laboratory. All employees and management will be joining Azelis India. See here.

Next to this, Azelis has agreed to acquire 100% of Euroconsultant, a Polish distributor of flavours, shelf life extenders and other products predominantly for the meat segment. The transaction sees all employees joining the Azelis team and the deal is expected to be completed in the first quarter of 2019. See here.

Azelis has also strengthened its presence in Canada through the acquisition of Chemroy, a Canadian distributor of specialty chemicals and food ingredients. The transaction will place Azelis as one of Canada's leading specialty distributors with a strong position in the CASE (coatings, adhesives, construction and ink), food, pharmaceutical, nutraceutical and personal care segments. See here.

Lastly, Azelis has extended its distribution agreement with BASF Colors & Effects in Turkey, for their range of pigments used in paints, inks and special applications (here) and with WeylChem Performance Products, a supplier to the homecare, industrial & institutional cleaning and surfactant markets (here).

Biesterfeld acquires distribution rights for Solvay’s sulfone polymers in UK and Ireland
Biesterfeld is strengthening its partnership with Solvay Specialty Polymers. With effect from April 2019, the distributor will handle sales of the sulfone polymers Udel PSU, Radel PPSU and Veradel PESU in the UK and Ireland. See here.

Caldic expands offering in Italy and Benelux
Caldic Italia has announced the agreement with Spanish company ABT - Agarose Beads Technologies for the distribution of their products (here). In Italy Caldic and Cargill have signed an agreement which makes Caldic Italia the exclusive distribution partner in Italy for the whole product range from Cargill’s cocoa and chocolate business (here). Meanwhile, Caldic Benelux has signed an agreement with Armor Pharma for the distribution of their products in the Benelux (here).

Cornelius expands product offering
Cornelius has announced a new principal, Algaia, for the distribution of Algaia’s range of eco-friendly proprietary ingredients. These are formed using algal extracts derived from brown seaweed, including Satialgine and Algogel (here). Cornelius has also signed an agreement to distribute Pritty Pearlescent Pigments bronze powder substitute to the UK manufacturing industry (here).

The NRC Group is now known as Nordmann
The multinational chemical distribution company known as The NRC Group has repositioned its brand and is now operating under the uniform brand name Nordmann. This step is part of a new strategy that the distributor of chemical and natural raw materials and specialty chemicals has taken up in response to changes in the global market (here).

VELOX announces distribution partnership with Porcher Industries
VELOX, an IMCD company, announced a distribution partnership with the global company Porcher Industries in Benelux, UK, Ireland, Norway, Sweden, Finland, Denmark and Spain/Portugal. See here.

Chemlink Specialities Ltd and Addi-Tec Ltd are now part of the Harke Group
Harke Group has acquired Chemlink Specialities and Addi-Tec, both formerly businesses within the Chemlink Group in the UK.  This provides Harke Group with a strong UK base and expands the products and services offered to Chemlink Specialities and Addi-Tec customers. Harke Group plans to implement additional lab resources at the Chemlink Specialities head office in Manchester.

Chemlink Specialities was established in 1994. It operates as a speciality distributor of chemicals across UK and Eire. Their focus is on personal care, household and industrial, and pharmaceutical industries in particular.  Established in 2005, Addi-Tec is active in the chemical distribution to the paints, coatings, and plastic processing industries by offering an application and for mulation led approach backed by a comprehensive product range from quality manufacturers.

ICTA President joins Advisory Board of international sustainable chemistry centre

ICTA President joins Advisory Board of international sustainable chemistry centre

The ISC3 (international sustainable chemistry center of collaboration) has set up an Advisory Board for dialogue on strategic and thematic issues. The ISC3 has asked ICTA President Edgar Nordmann to take a seat in the Advisory Board, which he has accepted. The first meeting of the board in Bonn (Germany) was dedicated to the discussion on the strategy and the work program of the ISC3.

ICTA opens door for cooperation with Indian chemical industry

ICTA opens door for cooperation with Indian chemical industry

With one of the largest chemical production industries worldwide and a fast growing home market, India is increasingly interesting for ICTA members. At the same time, the Indian chemical distribution market faces challenges relating to safe working conditions, corruption and environmental pollution.

In order to help its members to be successful on the Indian market, ICTA has signed a formal agreement of cooperation with the Indian Chemical Council (ICC). In the agreement, both parties have expressed their commitment to jointly drive improvements in health, safety, product stewardship, security and environmental impacts of chemical products along the supply chain. They will also coordinate their positions when representing the interests of the global chemical distribution industry.

This year Robert Stuyt presented at the ICC Annual Conference on the regulations for the transport of dangerous goods. Next year he will give another presentation to introduce ICTA and its members. ICTA and ICC will jointly determine in the coming months on how to further shape this cooperation.

The ICC was established in 1938 and is dedicated to the growth and promotion of both the chemical production and the chemical distribution industry in India. It already cooperates with ICCA on Responsible Care, which it considers as imperative for sustained growth of business in India. ICC has successfully started the Nicer Globe initiative, which helps chemical distributors in India to transport their goods safely and securely.

     
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