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, notes a press release.
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.”