Solvay’s Novecare business appoints Nexeo Solutions as distribution partner for United States
THE WOODLANDS, Texas, March 14, 2018 (GLOBE NEWSWIRE) -- Nexeo Solutions, Inc. (NASDAQ:NXEO), a leader in chemicals and plastics distribution, announced today it will expand its business relationship with Solvay to distribute home care surfactant and polymer products into the North American market.
This decision comes after the Novecare business unit of Solvay USA Inc. embarked on a realignment and consolidation strategy for its distribution network involving the Home Care Market in the United States and reassessed their distribution needs. Based on this assessment, Solvay made the decision to appoint Nexeo Solutions to support its current and future Home Care Product needs.
“We are pleased to deepen our relationship with Solvay by adding their market leading Home Care products to our portfolio. The addition of home care surfactant and polymer chemistries complement Nexeo’s portfolio of products sold into the Home Care market,” said Joey Gullion, Vice President of Specialty Chemicals at Nexeo Solutions. “We are excited about the development opportunities the products will bring to our valued customers.”
“This agreement serves as an example of the strong relationship that we already share with Solvay across a broad range of markets,” said Brian Herington, Executive Vice President of Chemicals for Nexeo Solutions. “This authorization continues our strong progress of accelerating our specialty mix, a key component of our overall Chemicals strategy."
Explore Nexeo Solutions line card at www.nexeosolutions.com/suppliers/chemicals-solvay/
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.
FOR FURTHER INFORMATION PLEASE CONTACT
Nexeo Solutions, Inc.