14.09.2012 | DKSH, the leading Market Expansion Services Group with a focus on Asia, and WACKER, the Munich-based chemical company have entered into a strategic regional partnership covering the whole of South East Asia, Greater China, and parts of the Indian subcontinent.
Zurich, Switzerland, September 14, 2012 – DKSH’s Business Unit Performance Materials, a leading specialty chemicals distributor, has started a strategic partnership with WACKER. Under the exclusive distribution agreement, DKSH will market WACKER’s Biosolutions products: fermenter cysteine and bioengineered cyclodextrins, which are premium sugar compounds marketed under the CAVASOL® and CAVAMAX® trademarks. The new regional agreement covers the whole of South East Asia, Greater China and parts of the India subcontinent, specifically India, Bangladesh and Sri Lanka.
WACKER is the world’s only company to produce vegetarian cystine and cysteine using an award-winning biotechnology process. The cysteine is purely vegetarian without any human or animal origin, hence ideally suitable for food applications such as bakery products or flavors. Moreover, it is also used in personal care products. Applications for cyclodextrins range from food and dietary supplement to personal care products.
“Thanks to our unparalleled distribution footprint in Asia, we can leverage on our size, experience, and industry know-how to provide tailored services and exceptional distribution opportunities for WACKER Biosolutions,” comments Cori Diaz, Vice President Key Client Management, DKSH Performance Materials. “In line with our focus on strategic business and relationship development with current and potential key clients, this cooperation with WACKER represents another milestone since establishing the new key client function in 2011. We are proud to be chosen by WACKER as a key distribution partner and look forward to a fruitful collaboration.”
WACKER Biosolutions is WACKER Group’s life science division. Based on advanced biotech processes, it offers tailored and innovative solutions and products for the food, pharmaceutical and agrochemical industries.
Expansion Services" suggests, DKSH helps other companies and brands to grow their business in new or existing markets.
Publicly listed on the SIX Swiss Exchange since March 2012, DKSH is a global company headquartered in Zurich, with 650 business locations in 35 countries – 630 of them in Asia – and 26,000 specialized staff. In 2011, DKSH generated net sales of CHF 7.3 billion.
DKSH Performance Materials
Business Unit is a leading specialty chemicals distributor and provider of Market Expansion Services for performance materials, covering Europe, Americas, and the whole of Asia. The Business Unit sources, develops, markets, and distributes a wide range of specialty chemicals and food ingredients to business partners in the food and beverage, personal care and cosmetics, pharmaceutical, and specialty chemical industries. In addition, it creates innovative and cutting-edge concepts and applications at 20 innovation centers located worldwide. 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.
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