Azelis and Marubeni join together for strength in Asia
Marubeni Corporation and Azelis announced a joint cooperation agreement to work together in Asia.
This win-win deal is seen to considerably strengthen both parties and will help to further drive their shared ambition for rapid expansion and sustainable business development in the region.
Many complimentary synergies exist between the two companies to provide opportunities for future profitable growth for principals, customers and the two partners.
Quote from Marubeni: “We are confident that the combination of Marubeni’s 150 years of trading experience across Asia with the value added distribution business model of Europe’s leading specialty chemicals distributor will result in effective market expansion. Specifically, customers in Asia gain efficient access to European specialty chemicals and the technical application support Azelis is renowned for in Europe.”
Joris Coppye CEO, Azelis confirms: “This partnership with Marubeni allows our Principals unparalleled penetration into Asia’s growth markets, in particular in China. Finding a reliable distribution partner who provides in-depth market insights to define the winning approach to the market has been a challenge for western specialty producers. Marubeni and Azelis aim to change that, by providing a sound business platform for growth, coupled with an innovative approach to the market.”
Initially the cooperation will focus on China. With a large number of Japanese corporations operating production transfers into China, this growth market is of particular importance to the cooperation.
Other news from the department business & finance
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.