DKSH has expanded the distribution agreement with Stepan, a leading global manufacturer of specialty and intermediate surfactant chemicals, to provide its products in India and Vietnam.
Media release
Zurich, June 18, 2020 – DKSH Business Unit Performance Materials has become a key distribution partner for Stepan in India and Vietnam. Under the new agreement, DKSH will provide marketing and sales as well as distribution and logistics for Stepan's specialty products for the emulsion polymerization, coatings and inks segments.
DKSH has already been providing Market Expansion Services to Stepan for other industries in India and Vietnam and is collaborating with Stepan in Indonesia and Thailand for the emulsion polymerization segment. In addition to its leading position as a distributor of specialty chemicals and ingredients in Asia, DKSH was once again selected by Stepan thanks to its strong capabilities in logistics, deep market insights and proven track record of marketing, sales and distribution in Asia.
Eric R. Hernandez, Channel Manager – Asia Pacific, Stepan Asia, commented: “We are looking forward to continuing our successful relationship with DKSH by further penetrating India and Vietnam. With DKSH's capabilities, including its technical know-how and formulation expertise, we are excited to see what new business opportunities will arise from this further expansion.”
Ramon J. Viñas, Vice President, Global Specialty Chemicals Industry, Performance Materials, DKSH, added: “We are very pleased to be entrusted with Stepan's innovative range of products for the emulsion polymerization, coatings and inks segments. We look forward to bringing these solutions to our large customer base in India and Vietnam and to expanding DKSH's and Stepan's market share.”
For further information, please contact:
DKSH Performance Materials
Daniel Hollister
Senior Manager, Group Marketing
Phone +44 20 8879 5500
daniel.hollister@dksh.com
About Stepan
Stepan Company is a global leader in the manufacturing of chemicals including 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. Learn more: https://www.stepan.com/default.aspx
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.