Industry News

DKSH & Evonik Expand Collaboration to Distribute Evonik's Coatings & Additives in Asia

Published on 2012-10-26. Author : SpecialChem

ZURICH, Switzerland -- DKSH's Business Unit Performance Materials, a leading specialty chemicals distributor, has expanded the partnership in the field of coatings and additives with Evonik Industries.

This new alliance follows the time-proven collaboration between DKSH and Evonik that was established already in the late nineties. In accordance with the new umbrella contract DKSH will leverage on its extensive and deep local networks in Asia to distribute the high-quality TEGO® products in Indonesia and Thailand. Moreover, the Swiss Market Expansion Services provider will exclusively distribute Evonik's coatings and adhesives resins product portfolio in Indonesia and Vietnam. These products are used in a variety of paint, coatings, inks and adhesives applications.

"We are pleased to be named as the strategic partner for Evonik's coatings and additives portfolio as well as for their TEGO brand," says Natale Capri, Vice President Business Line Specialty Chemicals Industry, DKSH Performance Materials. "Evonik and DKSH have a long history of collaboration, and it is exciting to take this relationship to the next level so that we can provide our customers with the high-performance product portfolio they need to be successful in the industrial market."

About DKSH

DKSH is the leading Market Expansion Services Group with a focus on Asia. As the term "Market Expansion Services" suggests, DKSH helps other companies and brands to grow their business in new or existing markets. Publicly listed on the SIX Swiss Exchange since March 2012, DKSH is a global company headquartered in Zurich, with 650 business locations in 35 countries - 630 of them in Asia - and 26,000 specialized staff. In 2011, DKSH generated net sales of CHF 7.3 billion.

About DKSH Performance Materials

DKSH Performance Materials Business Unit is a leading specialty chemicals distributor and provider of Market Expansion Services for performance materials, covering Europe, Americas, and the whole of Asia. The Business Unit sources, develops, markets, and distributes a wide range of specialty chemicals and food ingredients to business partners in the food and beverage, personal care and cosmetics, pharmaceutical, and specialty chemical industries. In addition, it creates innovative and cutting-edge concepts and applications at 23 innovation centers located worldwide. With 80 business locations in 26 countries and over 1,000 specialized staff, Business Unit Performance Materials generated net sales of CHF 697 million in 2011.

Source: DKSH

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