Media release
DKSH has extended its distribution agreement with Honeywell, the American multinational technology conglomerate, to provide its range of high-quality polyethylene waxes to Malaysia.
Zurich, November 24, 2021 – DKSH's Business Unit Performance Materials, a leading distributor of specialty chemicals and ingredients, and Honeywell have extended their partnership. Under the new agreement, DKSH will provide marketing and sales, distribution and logistics, business development, and customer management for Honeywell's broad range of low-molecular-weight polyethylene waxes in Malaysia.
Honeywell's product range of compounders and formulators, including brands AC waxes, Acumist, Cohesa, Acyln, and RheoChem, are used for applications in plastic compounding, coatings, inks, and adhesives.
Building on a successful existing cooperation with Honeywell in Japan, started in 2017, DKSH further expanded Honeywell in May 2021 to Australia, China, New Zealand, and the Philippines. DKSH was once again chosen for its proven track record in sales, marketing and distribution.
Ramon Viñas, Global Vice President, Specialty Chemicals Industry, DKSH commented: “We are delighted to once again be entrusted by Honeywell. This extension is testament to DKSH's distribution capabilities, high levels of services and ability for rapid market penetration. We look forward to introducing Honeywell's range of high-quality low-molecular-weight polyethylene waxes to our large customer base in Malaysia.”
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About DKSH
DKSH’s purpose is to enrich people’s lives. For more than 150 years, we have been delivering growth for companies in Asia and beyond across our Business Units Healthcare, Consumer Goods, Performance Materials, and Technology. As a leading Market Expansion Services provider, we offer sourcing, market insights, marketing and sales, eCommerce, distribution and logistics as well as after-sales services. Listed on the SIX Swiss Exchange, DKSH operates in 36 markets with 32,450 specialists, generating net sales of CHF 10.7 billion in 2020. The DKSH Business Unit Performance Materials distributes specialty chemicals and ingredients for food, pharmaceutical, personal care and various industrial applications. With 48 innovation centers and regulatory support worldwide, we create cutting-edge formulations that comply with local regulations. With around 1,260 specialists, the Business Unit generated net sales of CHF 1.1 billion in 2020. www.dksh.com/pm