Nexeo Solutions and Solvay Announce Home Care Surfactant and Polymer Products Distribution Agreement
March 14 2018 - 7:00AM
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
Media Relations +1.281.297.0851
Media.Relations@nexeosolutions.com Investor Relations
+1.281.297.0856 Investor.Relations@nexeosolutions.com
Nexeo Solutions, Inc. (NASDAQ:NXEO)
Historical Stock Chart
From Mar 2024 to Apr 2024
Nexeo Solutions, Inc. (NASDAQ:NXEO)
Historical Stock Chart
From Apr 2023 to Apr 2024