Nexeo Solutions to Expand Portfolio in Personal Care, Home Care and Agriculture Markets
THE WOODLANDS, Texas, March 22, 2018 (GLOBE NEWSWIRE) -- Nexeo Solutions, Inc. (NASDAQ:NXEO) a leader in chemicals and plastics distribution, announced today it has expanded its partnership with Solvay across a portfolio of products within Home Care, Personal Care and Agriculture markets. This decision comes as a result of consolidation and rationalization efforts that will help Solvay focus on the innovation pipeline for these key markets. Under this agreement, all specifications and manufacturing locations remain the same.
The agreement includes the following products: AG-RHOTM FM 3896, AG-RHOTM FM 5100, AG-RHOTM FM 5101, Cationic Activator 671, HYPONIC® OP-90, Mackadet® EQ 112, Mackalene® 426, Mackalene® 426 K, Mackalene® 426-100, Mackconditioner CBC Flake, Mackine® 301 Flake, Mackine® 601, Mackpearl® 202, Mackpearl® DR-113, Mackpearl® EQ-99, Miranate® B, Miranate® LEC-80, Polycare® 133, and Rhodoclean® ASP. Effective May 1st, Solvay will no longer offer these products for sale in the Americas and Nexeo Solutions will be the commercial source for these products.
“Solvay has very attractive technologies that will help us support customers and drive product development in home care and personal care, as well as agriculture. It is a very attractive segment of chemistries that support products from shampoos and hair conditioning all the way into floor care. This breadth of products offers Nexeo a unique chance to interact with our customers across broad market fields,” said Joey Gullion, Vice President of Specialty Chemicals at Nexeo Solutions. "We are eager for our experienced sales and technical teams to work with our customers and help them formulate complete solutions and products, with reliable chemistries across value chain and at varied price points.”
“This agreement continues our strong progress of deepening our portfolio in key markets, as part of our overall Chemicals strategy," said Brian Herington, Executive Vice President of Chemicals for Nexeo Solutions. “This agreement serves as another example of the strong relationship that we already share with Solvay across a broad range of markets.”
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.