Media release
DKSH has signed an exclusive distribution agreement with Synthomer, one of the world's foremost suppliers of aqueous polymers, for Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden.
Zurich, February 3, 2021 – As the exclusive and sole distribution partner for Synthomer Functional Solutions in the Nordic and Baltic region, DKSH will provide marketing and sales, distribution and logistics as well as customer management for Synthomer's broad range of water-based specialty polymers.
Synthomer offers a broad range of water-based specialty polymers, including acrylics, styrene acrylics, vinyl acetate copolymers, styrene-butadiene latexes, acrylonitrile butadiene latexes redispersible powders and more for various industries. Its long-standing and market-recognized trademarks include PLEXTOLTM, REVACRYLTM, EMULTEXTM, AXILATTM, LIPATONTM, HYDRO PLIOLITETM, PLIOTECTM, PLIOWAYTM and ROHAGITTM. Synthomer products can be used in various industrial applications, such as coatings, construction, adhesives, textiles, and health and personal care.
The agreement also includes a range of polymers from Omnova Solutions, a company acquired by Synthomer in 2020, which specializes in the innovation of emulsion polymers, specialty chemicals and engineered surfaces. DKSH also distributes Synthomer products in other European markets, Thailand, Vietnam and Cambodia. Its distribution excellence was recently recognized by Synthomer with a Gold Award as their top rated distributor in Europe over the last five years.
Olaf Schoen, Sales Director Europe, Synthomer, commented: “Following an impressive growth path as a distributor for specialty polymers over the past few years, we are confident that we have chosen the right partner for consolidating and further growing our distribution business in the Nordic and Baltic region. This move will capitalize on our current well-established position and market knowledge.”
John Roemling, Vice President Performance Materials Europe, commented: “We are very pleased to exclusively distribute Synthomer's specialty polymers in the Nordic and Baltic region. Our customer base of manufacturers will greatly benefit from the advantages that Synthomer products can bring.”
This expansion is in line with DKSH's strategic direction of expanding the Business Unit's leading position in specialty chemicals and ingredients distribution.
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About Synthomer
Synthomer is one of the world’s foremost suppliers of aqueous polymers and has leadership positions in many markets. Headquartered in London, with a significant presence in EMEA, Americas and Asia, we employ more than 4,700 people at sites, technical centers and offices worldwide. Our polymers help customers create new products and enhance the performance of existing products in key industries such as coatings, construction, textiles, paper and synthetic latex gloves. With the acquisition of Omnova Solutions in 2020, Synthomer grew its global manufacturing network, expanded its product portfolio and boosted its geographical presence, allowing it to better serve new and existing customers around the world. Discover how our products enhance our customers’ products and processes. Learn more: www.synthomer.com
About DKSH
DKSH is the leading Market Expansion Services provider with a focus on Asia. The Group helps companies to grow across the Business Units Healthcare, Consumer Goods, Performance Materials and Technology. The service portfolio covers sourcing, market insights, marketing and sales, eCommerce, distribution and logistics as well as after-sales services. Publicly listed on the SIX Swiss Exchange, the Group operates in 36 markets with 33,350 specialists, generating net sales of CHF 11.6 billion in 2019. With its Swiss heritage, DKSH has been deeply rooted in Asia Pacific since 1865. The DKSH Business Unit Performance Materials distributes specialty chemicals and ingredients for food, pharmaceutical, personal care and various industrial applications. With 46 innovation centers and regulatory support worldwide, we create cutting-edge formulations that comply with local regulations. With around 1,100 specialists, the Business Unit generated net sales of CHF 1.0 billion in 2019. Learn more: www.dksh.com/pm