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DKSH & Stepan Sign Agreement to Provide Market Expansion Services to Stepan in Asia

Published on 2012-05-15. Author : SpecialChem

ZURICH, Switzerland -- DKSH and Stepan have signed an agreement under which DKSH's Business Unit Performance Materials, a leading specialty chemicals distributor, provides sales, marketing, logistics, and distribution services to Stepan in South and Western India, Indonesia, Japan, Korea, and the Philippines. The regional contract was signed in March 2012 at Stepan's Asian headquarters in Singapore, further strengthening the regional partnership.

Under the arrangement, DKSH will distribute Stepan's high performance surfactants and foam boosters for consumer and household care products, which are used in fabric softeners, household cleaners, industrial and institutional care, among others.

"We are delighted that Stepan has chosen DKSH as their Market Expansion Services partner across Asia because of our excellent reputation and expertise in the specialty chemicals industry. Moreover, we have a strong customer base that has been established over 150 years of doing business in Asia, and we are confident that our local business partners will be excited about the opportunity to have access to Stepan's products through our extensive distribution network," said Cesar Saez, Vice President, Business Line Personal Care Industry, DKSH Performance Materials.

About Stepan

Stepan Company is a major manufacturer of specialty and intermediate chemicals used in a broad range of industries. Stepan is a leading merchant producer of surfactants, which are the key ingredients in consumer and industrial cleaning compounds. The company is also a principal supplier of phthalic anhydride used in polyester resins, alkyd resins and plasticizers. Polyurethane polyols and foam systems are used in the expanding thermal insulation market primarily by the construction and refrigeration industries. Headquartered in Northfield, Illinois, Stepan utilizes a network of modern production facilities located in North and South America, Europe and the Philippines.

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. With 650 business locations in 35 countries - 630 of them in Asia - and over 24,000 specialized staff, it is one of the top 20 Swiss companies ranked by sales and employees. In 2011, DKSH generated Net Sales of CHF 7.3 billion.

DKSH's Performance Materials Business Unit is a leading speciality chemicals distributor and global provider of market expansion services for performance materials. The Business Unit sources, develops, markets, and distributes a wide range of specialty chemicals and ingredients to business partners in the food and beverage, personal care, pharmaceutical, and specialty chemical industries. 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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