MOSCOW (MRC) -- French specialty chemicals firm Arkema and Omya, a Switzerland-based global provider and distributor of specialty chemicals, have entered into an exclusive pan-European distribution agreement, said the producer in its press release.
Under this distribution agreement, Omya will market Arkema's plastic additives range for various polymer markets (impact modifier and processing aid solutions): Plastistrength, Durastrength, Clearstrength and Biostrength across Europe, except Spain and Portugal. This agreement is based on genuine synergy between the two companies. By leveraging its distribution network in Europe, Omya will bring extensive business opportunities for Arkema and provide a complete plastic additives range as well as tailor-made services to its clients.
"We are pleased that Arkema has chosen Omya as its exclusive distributor in most of Europe to trade its plastic additives. We have a strong customer base established over the past 130 years. We are confident that our customers will appreciate this opportunity to have access to Arkema’s plastic additives," commented Bill Cardew, Vice President Sales Europe, Omya.Martin Burki, Arkema’s Plastic Additives Commercial Director, added, "This distribution agreement fits perfectly with our long-term development strategy for plastic additives in Europe. Arkema products will achieve a deeper market penetration while further enhancing our customer service. We are excited by the many synergies that will emerge from our two companies’ combined know-how."
As MRC wrote before, Arkema announced a comprehensive range of PEKK (Poly Ether Ketone Ketone) ultra high performance polymers comprised of three families of products whose properties meet the requirements of aerospace, oil exploration and electronics applications. These new materials significantly expand Arkema’s high performance materials offerings to high added value markets.
Omya is a leading global producer of industrial minerals – mainly fillers and pigments derived from calcium carbonate and dolomite – and a worldwide distributor of specialty chemicals. The company’s major markets are forest products (fiber based products such as paper, board and tissue), polymers, building materials (paints, coatings, sealants, adhesives and construction) as well as life sciences (food, feed, pharmaceuticals, cosmetics, environment and agriculture).
Arkema is a leading European supplier of chlorochemicals and PVC. Kynar and Kynar Flex are registered trademarks of Arkema Inc. As MRC reported previously, Moody's Investors Service had upgraded Arkema S.A.'s senior unsecured rating to Baa2 from Baa3. The outlook on the rating was changed to stable from positive.
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