DKSH has entered a distribution agreement with Stepan, a leading global manufacturer of specialty and intermediate surfactant chemicals, to provide its products to the agrochemicals industry in Korea.
Media release
Zurich, March 4, 2020 – DKSH Business Unit Performance Materials has become a key distribution partner for Stepan in Korea. Under the new agreement, DKSH will provide market insights, marketing and sales, distribution and logistics as well as technical support and after-sales services for Stepan's specialty products for agricultural applications in Korea.
DKSH already provides Market Expansion Services to Stepan for other industries in the Philippines, India, Korea, Sri Lanka, Vietnam, Thailand and Indonesia. In addition to its leading position within the distribution of specialty chemicals across Asia, DKSH was once again selected by Stepan thanks to its strong capabilities in logistics, extensive knowledge of the Korean market and proven track record in marketing and sales in the APAC region.
Eric Hernandez, Channel Manager – Asia Pacific, Stepan Asia, commented: “We at Stepan are very much looking forward to the many opportunities that will arise from our partnership with DKSH in Korea through the agrochemicals industry. We have a long-standing partnership with DKSH in APAC and we trust in their marketing and distribution capabilities to deliver growth for Stepan's specialties in Asia.”
Ramon J. Viñas, Vice President Global Specialty Chemicals Industry, DKSH, added: “We are very pleased to partner with Stepan, a well-recognized and trusted brand and valued business partner, to drive growth for the agriculture industry in Korea. We anticipate a lot of positive reactions from our customer base for Stepan's innovative and diverse specialties.”
For further information please contact:
DKSH Performance Materials
Daniel Hollister
Senior Manager, Group Marketing
Phone +44 20 8879 5500
daniel.hollister@dksh.com
Stepan Asia Pte Ltd
Joyce F. Wong
Marketing Manager
Phone +65 9725 9586
JFWong@stepan.com
About Stepan
Stepan Company is a major manufacturer of specialty and intermediate chemicals used in a broad range of industries. Stepan is a leading merchant producer of surfactants, which are the key ingredients in consumer and industrial cleaning compounds and in agricultural and oilfield solutions. The Company is a leading supplier of polyurethane polyols used in the expanding thermal insulation market and CASE (Coatings, Adhesives, Sealants, and Elastomers) industries. Headquartered in Northfield, Illinois, Stepan utilizes a network of modern production facilities located in North and South America, Europe and Asia.
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.