http://www.chemagility.com/ Chemagility.com the chemical distribution-focused search engine and directory providing a comprehensive listing of chemical distributors, traders and agents from around the world. en-us Copyright 2009 Chemagility Ltd. All Rights Reserved. Thu, 11 Feb 2010 13:00:01 GMT 60 http://www.chemagility.com/news-detail.asp?NewsID=63 The German-based Brenntag Group, the world’s largest chemical distributor, plans an initial public offering (IPO) within weeks even as many foreign companies pull the plug on issues amid turbulent markets. The company, majority-held by British private equity group BC Partners is believed to be planning a 500 million euro capital increase. Existing shares would also be placed on the Frankfurt stock exchange, but no more details have been forthcoming at this stage. Mon, 1 Mar 2010 18:05:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=63#1 http://www.chemagility.com/news-detail.asp?NewsID=62 Brenntag, the global full-line chemical distributor, has further increased their market presence in the Asia-Pacifc region by opening a new warehouse in Samutprakarn Province, Thailand as well as inaugurating a new headquarters office in Mumbai, India. Wed, 24 Feb 2010 18:23:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=62#2 http://www.chemagility.com/news-detail.asp?NewsID=61 Brenntag, the global full-line chemical distributor, has announced the acquisition of the chemical distribution assets of Metausel, headquartered in Strasbourg, France. Established in 1934, Metausel has sales of around €15M in 2009 and distributes primarily bulk liquid industrial chemicals to customers in the Alsace-Lorraine region in the North-East of France. Tue, 16 Feb 2010 16:23:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=61#3 http://www.chemagility.com/news-detail.asp?NewsID=60 Univar, a leading global chemical distributor, has signed an agreement to acquire the Quaron Group, a distributor of commodity chemicals in Belgium, France and the Netherlands from owners Bencis Capital Patrners. Quaron, who recently terminated their shareholding on the Penta Group, had sales of around €250M in 2009. Wed, 10 Feb 2010 12:01:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=60#4 http://www.chemagility.com/news-detail.asp?NewsID=59 Malaysian-based, industrial chemical distributor Samchem Holdings Bhd is expanding in to Indonesia by forming a new subsidiary to tap the growing chemicals market there, estimated to be at least three times the size of the Malaysian market. Sun, 24 Jan 2010 09:54:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=59#5 http://www.chemagility.com/news-detail.asp?NewsID=58 Eurochem Holding BV and Penta Chemikalien GmbH have announced that Eurochem have terminated their shareholding in the Penta Group, by mutual agreement, as of 1st January 2010. Eurochem is the holding company for chemical distribution companies trading under the “Quaron” brand in the Netherlands, Belgium and France. Mon, 4 Jan 2010 09:00:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=58#6 http://www.chemagility.com/news-detail.asp?NewsID=57 Despite the economic recession in the US, recently released results from the National Association of Chemical Distributors’ (NACD) Company Productivity Report (CPR)* showed NACD member companies continued to achieve profitability in 2008, though at slower levels than previous years. Fri, 4 Dec 2009 09:00:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=57#7 http://www.chemagility.com/news-detail.asp?NewsID=54 Dutch-based IMCD Group has expanded its presence in China by establishing a sales and distribution organisation in Shanghai under the name IMCD (Shanghai) Trading Co., Ltd. The company started its activities on the 01/11/2009 under the management of Eugen-Carsten Rothermel, who has over ten years of working experience in China and the Far East. Sun, 8 Nov 2009 13:01:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=54#8 http://www.chemagility.com/news-detail.asp?NewsID=56 German polymer distributor K.D. Feddersen (Hamburg) has set up an affiliated company in the UK. Geared towards markets in the UK and Ireland, the Birmingham-based, K.D. Feddersen UK will distribute a range of engineering polymers, including PP compounds, polyamides, POM, polyesters, long fibre-reinforced compounds and high performance polymers like PPA from renowned producers. Fri, 6 Nov 2009 09:56:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=56#9 http://www.chemagility.com/news-detail.asp?NewsID=55 Brenntag, the global leader in chemical distribution, has acquired 100% of the outstanding shares of its former joint venture partner East-Chem Inc on the October 1, 2009. ith this move, Brenntag has expanded its presence in the industrial chemicals business in Newfoundland and Labrador in the North-East of Canada. Sun, 1 Nov 2009 21:00:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=55#10 http://www.chemagility.com/news-detail.asp?NewsID=52 DistriConsult, a specialist consulting company to the chemical and the chemical distribution industries, announces a change at the helm of the company in line with its strategy to ensure long term continuity and expansion, as it enters into its second decade of activity. Fri, 9 Oct 2009 09:50:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=52#11 http://www.chemagility.com/news-detail.asp?NewsID=51 Following recent announcements about the changes in leadership at the Azelis Group the company has now announced they are spinning off their polymer activities into a new distribution company called Allandis. Allandis will be a major player in the field of polymer distribution distributor with activities in France, Italy, UK, Benelux, Nordic and Eastern Europe. Thu, 1 Oct 2009 10:35:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=51#12 http://www.chemagility.com/news-detail.asp?NewsID=50 Speculation is growing that BC Partners Ltd, a leading international private equity firm, is believed to be preparing to float Brenntag Holding on the German stock exchange during the first half of 2010. The German chemical distributor was bought by the company for about 3 billion euros ($4.4 billion) three years ago from Bain Capital. Tue, 29 Sep 2009 09:05:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=50#13 http://www.chemagility.com/news-detail.asp?NewsID=48 Effective October 1st 2009, François Minec will take up his position as General Manager of VELOX GmbH, and will join the company board with Max Schlenzig and Bernard Goursaud - the company founders and owners. VELOX management functions will be shared between the 3 board members. Thu, 24 Sep 2009 22:00:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=48#14 http://www.chemagility.com/news-detail.asp?NewsID=49 The foundation of its own subsidiary in Poland is another milestone in the ambitious growth strategy of chemicals distributor KRAHN CHEMIE GmbH, headquartered in Hamburg, Germany. The company, which celebrates its 100-year-old anniversary this year, founded KRAHN CHEMIE Polska Sp. z o.o., based in Poznan, on July 27, 2009. Thu, 24 Sep 2009 22:00:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=49#15 http://www.chemagility.com/news-detail.asp?NewsID=53 Canadian chemical wholesaler and distributor Phancorp Inc has announced it will merge with Fielding Chemical Technologies, Canada’s largest refrigerant reclaimer and producer of recycled chemicals. Phancorp will relocate from its Brampton offices to the Fielding offices in Mississauga and will operate under the Fielding name. Thu, 10 Sep 2009 11:54:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=53#16 http://www.chemagility.com/news-detail.asp?NewsID=47 Brenntag, the global leader in chemical distribution, has inaugurated a new location in Hong Kong building on the company’s entry into the Asian Pacific market less than 12 months ago when they took control of Rhodia’s chemical distribution operations in Australia, India, Taiwan, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam. Mon, 17 Aug 2009 09:44:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=47#17 http://www.chemagility.com/news-detail.asp?NewsID=46 US Private equity firm, the Carlyle Group has taken a big writedown on Neochimiki with losses of €56.6m in 2008. This was in stark contrast to analysts’ expectations of a €60m net profit. The company, which has chemicals storage plants in Serbia, Bulgaria and Romania, has been hard hit by the global slowdown. Since Carlyle took over, about 5 per cent of its Greek workers have been made redundant. Sun, 9 Aug 2009 10:55:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=46#18 http://www.chemagility.com/news-detail.asp?NewsID=45 The Board of Azelis Group has announced that Joris Coppye, currently Group Director Operations, as new Chief Executive Officer (CEO) of the Group. The appointment came after a major a strategy review resulted in significant growth targets being set for the next 3 years – full backed by its main shareholder 3i. Selected acquisitions will form part of the objective to make Azelis the leading pan-European distributor of specialty chemicals providing value added services in selected market segments. Fri, 24 Jul 2009 16:23:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=45#19 http://www.chemagility.com/news-detail.asp?NewsID=43 Biesterfeld AG, Germany had a successful year in 2008, posting record results despite the impact of the ’credit crunch’ and the global recession. The company’s consolidated sales increased by 2.1% to €853.7m and EBIT rose 12% over previous year to €36.4m. Sun, 5 Jul 2009 15:32:00 GMT http://www.chemagility.com/news-detail.asp?NewsID=43#20