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THE WOODLANDS, Texas, Feb. 06, 2017 – Solvay and Nexeo Solutions, Inc. (NASDAQ:NXEO) announce that effective March 1, 2017, Nexeo Solutions will be channel-to-market for the Rhodoline® Defoamer product line in the United States, Canada and Mexico. This decision comes as a result of consolidation and rationalization efforts that will help Solvay focus on the continued development of solutions for the Coatings and Emulsion Polymerization markets. Solvay will continue to supply with the same manufacturing location, process and sales specifications.
"The Rhodoline® Defoamer product line is highly complementary to our product offering as well as our customer base. We are looking forward to both servicing and growing this important product line," said Joey Gullion, Vice President of Specialty Chemicals at Nexeo Solutions.
Solvay Novecare is a worldwide leader in specialty surfactants and a major player in polymers, amines, guar, and phosphorus derivatives. Solvay Novecare engineers and develops formulations that provide consumer products and state-of-the-art industrial applications with specific functional qualities designed to modify fluid behavior and deliver cleansing, dispersal, gelling, moisturizing, penetrating, softening or texturizing properties. These formulations are used in shampoos, detergents, paints and lubricants as well as in crop protection, mining and energy production and stimulation.
An international chemical and advanced materials company, Solvay assists its customers in innovating, developing and delivering high-value, sustainable products and solutions which consume less energy and reduce CO2 emissions, optimize the use of resources and improve the quality of life. Solvay serves diversified global end markets, including automotive and aerospace, consumer goods and healthcare, energy and environment, electricity and electronics, building and construction as well as industrial applications. Solvay is headquartered in Brussels with about 30,000 employees spread across 53 countries. It generated pro forma net sales of € 12.4 bn in 2015, with 90% made from activities where it ranks among the world's top 3 players. Solvay SA (SOLB.BE) is listed on Euronext in Brussels and Paris (Bloomberg: SOLB:BB - Reuters: SOLB.BR).
About Nexeo Solutions, Inc.
Nexeo Solutions is a leading global chemicals and plastics distributor, representing products from world-class producers to a diverse customer base. From product specification to sustainable solutions, the Company goes beyond traditional logistics to provide value-added services across many industries, including chemicals manufacturing, oil and gas, coatings, personal care, healthcare, automotive and 3D printing. The Company leverages a centralized technology platform to identify efficiencies and create solutions to unlock value for suppliers and customers. Learn more at www.nexeosolutions.com.
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Media Relations, Nexeo Solutions