DKSH and Huntsman, an American manufacturer and marketer of chemical products for consumers and industrial customers, have signed an agreement appointing DKSH as distributor of Huntsman's range of Methyl Di-Isocyanate (MDI) and Polyol products in India.
Media release
Mumbai, India, March 15, 2019 – DKSH's Business Unit Performance Materials has been chosen by Huntsman to distribute its Polyol and MDI-based polyurethane solutions to the automotive industry in India.
Huntsman's portfolio caters for applications in seating, acoustics and other components to meet the demanding needs of OEMs. The solution also supports flexible polyurethane foam, one of the most versatile cushioning materials ever invented for bedding, furniture and many other applications, such as medical devices and toys in the North Indian market.
Under the agreement, DKSH will market and distribute Huntsman's Polyol and MDI to its large customer base in India. DKSH has been chosen for its solid logistics infrastructure and proven experience in providing Market Expansion Services along the entire value chain.
Prasanna Rao, National Sales Head – India & Subcontinent Polyurethanes, Huntsman, said: “We are very happy to partner with DKSH, with their expertise in the distribution of specialty chemicals, we are confident that this partnership will be mutually beneficial to both and help expand each other's businesses.”
Atul Nagarkar, Managing Director, DKSH India, commented: “We are delighted to partner with Huntsman in India. Our presence in the polyurethane segment will strengthen our existing portfolio and provide exciting, new opportunities in the field of formulation development for our customer base in some of our key specialty chemicals markets.”
For further information, please contact:
DKSH India Pvt.Ltd.
Olive Fernandes
Manager, Branding & Communications
Phone +91 98 1970 9478
olive.fernandes@dksh.com
DKSH Performance Materials
Daniel Hollister
Manager, Group Communications
Phone +44 20 8879 5500
daniel.hollister@dksh.com
About Huntsman
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2018 revenues of more than $9 billion. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer industrial end markets. We operate more than 75 manufacturing, R&D and operation facilities in approximately 30 countries and employ approximately 10,000 associates within our four distinct business divisions. For more information about Huntsman, please visit the company’s website at www.huntsman.com
About DKSH
DKSH is the leading Market Expansion Services provider with a focus on Asia. The Group helps other companies and brands to grow in the Consumer Goods, Healthcare, Performance Materials and Technology sectors. DKSH’s portfolio of services includes sourcing, market insights, marketing and sales, distribution and logistics as well as after-sales services. Publicly listed on the SIX Swiss Exchange, the Group operates in 35 markets with 33,000 specialists, generating net sales of CHF 11.3 billion in 2018. With its strong Swiss heritage and long business tradition since 1865, DKSH is deeply rooted in Asia Pacific. The DKSH Business Unit Performance Materials distributes specialty chemicals and ingredients for food, pharmaceutical, personal care and various industrial applications. With 29 innovation centers and regulatory support worldwide, we create cutting edge formulations that comply with local regulations. With around 1,080 specialists, the Business Unit generated net sales of CHF 960.4 million in 2018.