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Azelis Extends its Partnership with Momentive to Penetrate the Russian Coatings Market

Published on 2012-10-16. Author : SpecialChem

Benoit Fritz, Business Director Industrial states, "We are delighted to extend our existing European agreements with leading supplier Momentive. Both companies have enjoyed a successful relationship for many years with these products. This is a major step forward for the Azelis Coatings business in Russia."

Momentive's extensive range of polymer dispersions allows customers to explore performing and innovative solutions. With new upcoming legislations for the use of volatile organic compounds (VOC) in paint and coatings, Momentive has recognized the need for improved key raw materials for water-based systems. The AXILAT™ polymer dispersion range includes many products based on Momentive's key technologies, targeting various applications in paints and coatings that are field and factory applied.

Michel Dumusois, International Business Director Coatings adds, "Coupled with Momentive's support, Azelis will leverage our existing knowledge of these products to facilitate our local teams to effectively penetrate the attractive growth market for Momentive products in Russia."

Azelis' Russian operations have grown since its formation in 2008. Igor Loginov, General Manager Russia continues "We will utilize our international logistics infrastructure together with local warehousing, stringent SHEQ standards and full REACH compliance. Our established local technical and commercial teams are well placed to provide first class service to customers. "

Azelis also plans to further invest in people and facilities and is building a new Coatings laboratory in Sankt Augustin (Germany). Planned for completion by the end of 2012, Azelis will further support customers by providing in-depth knowledge of the latest raw materials and their use in pioneering coatings applications.

About Azelis

Azelis is the leading pan-European speciality chemicals distributor. They provide a diverse range of products and innovative services to more than 50,000 customers. Their in-depth local knowledge is supported by an international structure and value-added services including high levels of technical support and tailored solutions.

About Momentive

Momentive was formed in October 2010 through the combination of the parent holding companies of Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. (formerly known as Hexion Specialty Chemicals Inc.). Momentive is a global leader in specialty chemicals and materials, with a broad range of advanced specialty products that help industrial and consumer companies support and improve everyday life. Momentive uses its technology portfolio to deliver tailored solutions to meet the diverse needs of customers around the world. Momentive Performance Materials Holdings LLC is the ultimate parent company of Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. Momentive is controlled by investment funds affiliated with Apollo Global Management, LLC.

Source: Momentive


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