Press Release 13.10.2009
Brenntag and Evonik Expanding Cooperation in Europe
Effective October 1, 2009, Essen, Germany-based Evonik Industries announces the extension of its current cooperation with Brenntag GmbH, based in Mülheim an der Ruhr, Germany, for distribution of the product groups VESTAMID®, TROGAMID®, VESTODUR®, and VESTAMELT®. The sales territory covers Western and Eastern Europe, with the exception of Italy and Scandinavia.
"This move is the result of our efforts to harmonise the European distribution landscape, a process that has stated in the fall of 2007. We’re convinced that this strategic decision to appoint a new distributor will release synergies that will allow us to strengthen our relationships with smaller customers further," said Dr. Joachim Leluschko, head of the High Performance Polymers Business Line, explaining the change.
For many years, Brenntag has been a distributor for Evonik Röhm’s PLEXIGLAS® molding compounds and a service provider for small-scale compounding of PLEXIGLAS® in Germany and Eastern Europe. In January 2009 this successful cooperation was extended to France. "our extended cooperation with Evonik is enormously important for us. It’ll allow us to enlarge our polymers portfolio considerably and thus to offer our customers innovative and individual product and compounding solutions in a more targeted manner. We are dedicated to building long-term partnerships and are happy to have Evonik at our side," said Steve Holland, Chief Operating Officer Brenntag Group.
Brenntag worldwide
With over 11,000 employees at more than 300 sites worldwide, Brenntag generated sales of €7.4 billion (US$10.8 billion) in fiscal 2008. Today the company provides its customers and suppliers in 64 countries with wide-ranging value-added services and global supply chain management from a single source, making Brenntag a leader in international chemicals distribution. Brenntag also offers its customers and suppliers worldwide a highly developed and comprehensive distribution network for industrial and specialty chemicals.
www.brenntag.com
www.brenntag-polymers.com
Company information
Evonik Industries is the creative industrial group from Germany which operates in three business areas: Chemicals, Energy and Real Estate. Evonik is a global leader in specialty chemicals, an expert in power generation from hard coal and renewable energies, and one of the largest private residential real estate companies in Germany. Our strengths are creativity, specialization, continuous self-renewal, and reliability. Evonik is active in over 100 countries around the world. In its fiscal year 2008 about 41,000 employees generated sales of about €15.9 billion and an operating profit (EBITDA) of about €2.2 billion.
Disclaimer
In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.