Industry News

Perstorp Signs Agreement with Oxiquim Quimica to Strengthen its Coating Resins Business in Brazil

Published on 2012-06-01. Author : SpecialChem

Following the overall review of the Perstorp Group's use of sales channels, as well as the Group's greater focus on its South American activities, Perstorp is pleased to announce that a new, extended distribution agreement has been signed between Perstorp and Oxiquim Quimica Ltda.

As of Q1 2012, Oxiquim Quimica Ltda will be responsible for distributing the wider range of Perstorp's products for the coating resins market with the main focus being on Perstorp's various polyalcohols such as Pentaerythritol, Trimethylolpropane and Neopentyl glycol.

The collaboration with Oxiquim Quimica Ltda will complement Perstorp's own sales force in serving small and mid-sized coating resin producers in Brazil.

"As a result of the sales channel review, Perstorp has identified key players who have the capabilities of being chosen as Perstorp partners for the various core segments in which we operate. Oxiquim Quimica Ltda is one of these. With their history in the industry and effective operation in Brazil, we are convinced that they will support our growth targets in Brazil and South America," says Per Westberg, Sales Director, Perstorp.

"For South America and especially Brazil the supply of resin raw materials is very important for our Group. To be a dedicated player supporting Perstorp and offering our range of building blocks to customers across the regions, starting with Pentaerythritol, is key and we are very happy with this agreement," says Claudio Gaino, Perstorp's Director for Latin America.

About Oxiquim Quimica Ltda

Oxiquim Quimica Ltda, a branch of Oxiquim International Investments, has been present in the Brazilian market since 1975, providing distribution services to various industries, including resins, coatings, tannery, water treatment, reinforced plastics, paper and cellulose.

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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