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MWV Specialty Chemicals Signs Distribution Agreements for Oleochemicals in Europe

Published on 2014-06-13. Author : SpecialChem

BRUSSELS, Belgium -- MWV Specialty Chemicals, a division of MeadWestvaco Corporation (NYSE:MWV), signed exclusive agreements, effective immediately, with three leading distribution companies to market and sell oleochemicals in Europe, including Russia, thus covering the region spanning from Lisbon on the Atlantic to Vladivostok on the Pacific Ocean.

The three new strategic partners will distribute Tall Oil Fatty Acid (TOFA) and Distilled Tall Oil (DTO) in the following countries:

  • Carroux Handelsgesellschaft mbH: in Germany
  • Quimidroga: in Spain and Portugal (excluding Metal Working Fluids segment)
  • Azelis: in all other European countries, including Russia, Belarus and Ukraine, and excluding Turkey, Romania, Bulgaria and Greece

TOFA is a special, natural, and free fatty acid built on sustainably and naturally grown feedstock offering better reactivity and upgrading potential than other vegetable fatty acids, but less influenced by seasonal and weather conditions. Primarily composed of C18 oleic acid, TOFA is therefore used in a wide variety of specialty and niche applications, including the manufacture of alkyd resins, dimer acids, hardeners for epoxy resins, metal working fluids, lubricating oils, hydraulic fluids, soaps and detergents, oilfield chemicals, rubber compounding, plasticizers, wetting and emulsifying agents, flotation reagents, and other specialty applications. While TOFA contains up to 9% of tall oil rosin, DTO has more than 10%, and metalworking is one of its primary applications.

“MWV is seriously committed to Europe, a highly innovative region with strong needs of green technologies. MWV wants to become the preferred partner of those innovative formulators looking for sustainable and renewable molecules, able to unlock their untapped potential. These partnerships with leading distribution companies are an essential complement to our own expanding sales force and will enable us to profitably grow in this key region by optimally serving our current and future customers with specialty intermediates that are truly renewable, not competing with the food-chain and with very low CO2-footprint. Our own facilities in the United States and Brazil, the production site in France operated by our strategic partner DRT, and the logistic capabilities we are building-up will guarantee the required security of supply,” said Nicolas Ivandic, Managing Director Europe, Middle East, Africa (EMEA), MWV Specialty Chemicals.

"We are very pleased about this agreement and the growth opportunities it represents for both companies in the countries mentioned," says Hans-Joachim Müller, CEO of Azelis. "We believe that by adding value and working with MWV, a global player in sustainable chemistry will benefit our customers. Our dedicated specialists will collaborate with MWV, exploring new applications and formulations for these special intermediates. Moreover, Azelis has recently formed a new Lubricant and Metal Working Fluids department including a new laboratory, providing the extra focus needed to support this fast growing market.”

“As a company focused on supplying oleochemicals with a high degree of service to mainly middle-sized and very innovative chemical-technical industrial companies – the typical German “Mittelstand”- we are expected to ensure punctual deliveries to our customers at all times,” said Helmut-Matthias Wilksch, owner of Carroux. “Partnering with a large manufacturer with a global network of production sites, secured access to raw materials and strong R&D like MWV guarantees high reliability as well as high flexibility and innovation.”

“We are excited about the opportunity to become a strategic partner of MWV in its ambitious plan to expand in the EMEA region,” said Vicente Muñoz, General Manager of Quimidroga. “In addition to providing sales and marketing support, we will also provide storage, handling and distribution of MWV’s TOFA. MWV’s product line matches up with ours perfectly and we are confident that our customers will benefit from our partnership.”

About MWV

MeadWestvaco Corporation (NYSE: MWV) is a global packaging company providing innovative solutions to the world’s most admired brands in the healthcare, beauty and personal care, food, beverage, home and garden, tobacco, and agricultural industries. The company also produces specialty chemicals for the automotive, energy, and infrastructure industries and maximizes the value of its development land holdings. MWV’s network of 125 facilities and 16,000 employees spans North America, South America, Europe and Asia. The company has been recognized for financial performance and environmental stewardship with a place on the Dow Jones Sustainability World Index every year since 2004.

About Azelis

Azelis is the leading global specialty chemicals distributor providing a diverse range of innovative products and services. We serve 20,000 customers in the coatings, chemicals, rubber & plastic additives, food & health, animal nutrition, pharma and personal care industries. Through sourcing and distribution channels in every major market around the world, Azelis with its corporate service centre in Antwerp, Belgium, offers chemical producers market penetration, in-depth local knowledge, value-added services and tailored multi-territory solutions. Azelis, backed by private equity investor 3i Investments PLC, has a turnover of €1 billion and employs around 1,100 knowledgeable people located in 37 facilities in 33 countries across Europe, China, Australia, Canada, India, Japan, Malaysia and Singapore.

About Carroux Handelsgesellschaft mbH

Carroux Handelsgesellschaft mbH is a renowned inter-branch trading company with many years of experience in the oleochemical business dedicated to keeping its customers satisfied. Among many other businesses, the company serves customers from the metal working as well as the building industry or the adhesives business. Carroux takes care that each service provider and business partner are professional experts in their field, and share Carroux’s philosophy of maximum competence to make the impossible possible. The company’s strongest value is its high flexibility which ensures tailor-made, on-time deliveries to meet customers’ short- and long-term demands, even in small quantities, at convincing prices.

About Quimidroga

Quimidroga, founded in 1944, is the leading distributor of a wide range of chemicals in the Iberian Peninsula, including industrial products like solvents, monomers, intermediates, inorganics as well as specialty chemicals for sectors as varied as food, feed, agricultural, pharmaceutical, cosmetics, detergents, water treatment, paper, reinforced plastics/composites, construction, coatings, adhesives, inks, polyurethanes and lubricants. In addition to Spain, Portugal and France, Quimidroga is also serving other Mediterranean and Northern African countries like Morocco, Algeria, Tunisia and Turkey. Quimidroga is committed to best-in-class customer service, secured through various regional and local warehousing sites, including a state of the art 68,000m2-warehouse in the Port of Barcelona with a capacity of 30,000 tons of packed products and 12,000m3 in 155 tanks. With a turnover of € 600 million and employing 400 people, Quimidroga serves more than 7,000 customers.

Source: MWV


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