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Azelis & Marubeni Collaborate to Strengthen their Specialty Chemicals Business in Asia

Published on 2012-08-01. Author : SpecialChem

Marubeni Corporation and Azelis announced a joint cooperation agreement to work together in Asia. This win-win deal is seen to considerably strengthen both parties and will help to further drive their shared ambition for rapid expansion and sustainable business development in the region.

Many complimentary synergies exist between the two companies to provide opportunities for future profitable growth for principals, customers and the two partners.

Quote from Marubeni: "We are confident that the combination of Marubeni's 150 years of trading experience across Asia with the value added distribution business model of Europe's leading specialty chemicals distributor will result in effective market expansion. Specifically, customers in Asia gain efficient access to European specialty chemicals and the technical application support Azelis is renowned for in Europe."

Joris Coppye CEO, Azelis confirms: "This partnership with Marubeni allows our Principals unparalleled penetration into Asia's growth markets, in particular in China. Finding a reliable distribution partner who provides in-depth market insights to define the winning approach to the market has been a challenge for western specialty producers. Marubeni and Azelis aim to change that, by providing a sound business platform for growth, coupled with an innovative approach to the market."

Initially the cooperation will focus on China. With a large number of Japanese corporations operating production transfers into China, this growth market is of particular importance to the cooperation.

About Azelis

Azelis is the leading Pan-European specialty chemicals distributor providing a diverse range of innovative products and services. They serve 50,000 customers in the coatings, MPA, chemicals, composites, rubber, food & health, animal nutrition, pharma and personal care industries. Through sourcing and distribution channels in every major market around the world, Azelis with its corporate service centre in Antwerp, Belgium, offers chemical producers market penetration, in-depth local knowledge, value-added services and tailored multi-territory solutions. Azelis, backed by private equity investor 3i, has a turnover of €1,200 million and employs 1,300 knowledgeable people located in 37 facilities in 32 countries across Europe, China, Canada, India and Australia.

About Marubeni

Marubeni is involved in the handling of products and provision of services in a broad range of sectors. These areas encompass importing and exporting, as well as transactions in the Japanese market, related to food materials, food products, textiles, materials, pulp and paper, chemicals, energy, metals and mineral resources, transportation machinery, and includes offshore trading.

The Company's activities also extend to power projects and infrastructure, plants and industrial machinery, finance, logistics and information industry, and real estate development and construction. Additionally, Marubeni conducts business investment, development and management on a global level.

Source: Azelis

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