Industry News

Innovia to Distribute Perstorp's Coalescing Agents, Caprolactones & more for Coatings in UK & Eire

Published on 2012-08-31. Author : SpecialChem

Following the overall review of the Group's use of sales channels, specialty chemicals company Perstorp announced that a new collaboration has been agreed between Perstorp and Innovia Solutions Ltd in Q3 2012.

Innovia Solutions Ltd will now be responsible for distributing a wider range of Perstorp products including polyalcohols, caprolactones, specialty polymers and coalescing agents. These products will mainly be aimed at customers in a number of key segments such as adhesives, coatings, resins, TPUs and plastics.

This agreement is an extension to the collaboration the companies have historically had with products specifically targeting the coatings and adhesives sectors.

"In our efforts to better support existing and potential customers in the coatings and adhesives markets in the UK and Eire, Innovia Solutions fits our requirements very well. We see Innovia Solutions as an important partner to support the growth and development in these markets as a complement to our own team," says Michael Austin, Market Development Manager - UK & Eire.

About Innovia Solutions

Formed in 2005, Innovia Solutions Ltd, is a growth orientated, speciality chemicals distribution company. They supply high performance, value added, raw materials from our range of partners, to the surface coatings, construction and adhesives industries in the UK and Ireland.

About Perstorp

The Perstorp Group is one of the world leaders in several sectors of the specialty chemicals market for a wide variety of industries and applications. Their products are used in the aerospace, marine, coatings, chemicals, plastics, engineering and construction industries. They can also be found in automotive, agricultural feed, food, packaging, textile, paper and electronics applications. Perstorp has approximately 2,200 employees and manufacturing units in eleven countries in Asia, Europe and North America. Sales amounts to SEK 14 billion (1.45 €billion). By the end of 2005 the Perstorp Group was acquired by Perstorp Holding AB, controlled by the French private equity company PAI partners.

Source: Perstorp

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