News Article 2014

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September 30 2014, David R Brown

Omya and Algol Chemicals to establish Russian JV for the distribution of calcium carbonate and specialty chemicals

Omya and Algol are to establish a joint venture in Russia to strengthen their activities in calcium carbonate and specialty chemicals distribution. The JV company, Omya Algol Rus will provide customers and principals with a 'one-stop-shop' as well as providing a range of added-value services from offices in Moscow, St. Petersburg, Yekaterinburg and Rostov.

As one of the largest distributors of specialty chemicals worldwide, we are very excited to expand our presence in Russia

Harald Pfaller
CEO Region Greater South & East of Omya.

Omya Algol Rus aims to strengthen its presence in polymers, paints and coatings, food, personal care and agricultural markets and to offer existing and new customers a more extensive product portfolio and improved services. Omya Algol Rus will offer its customers a full range of local and imported Omya products combined with a broad range of specialty chemicals and experienced technical application support.

“As a leading supplier of high quality calcium carbonate products and one of the largest distributors of specialty chemicals worldwide, we are very excited to significantly expand both our chemical products portfolio and our geographical presence in Russia. Algol, whom we enjoy successful cooperation with since 1956, is the right partner for us in this development.” commented Harald Pfaller, CEO Region Greater South & East of Omya.

Juha Jokinen, Managing Director of Algol Chemicals, said, “We are delighted to begin the next steps of strengthening of our chemicals distribution business in our home market in North and Eastern Europe.”

About Omya Group
Omya (www.omya.com) is a leading global producer of industrial minerals and a worldwide distributor of specialty chemicals. The company's major markets are forest products (paper, board and tissue), polymers, building materials (paints, coatings, sealants, adhesives and construction) as well as life sciences (food, feed, pharmaceuticals, cosmetics, environment and agriculture). Founded in 1884 in Switzerland, Omya has a global presence extending to more than 180 locations in over 50 countries with 8,000 employees.

About Algol Chemicals
Algol Chemicals offers a wide range of industrial and specialty chemicals as well as polymers used in various industries. Algol Chemicals has a leading position in the distribution of industrial chemicals in Finland and a well-established position in Russia, Scandinavia, the Baltics, Ukraine and Belarus. Algol Chemicals is part of the Algol Group, with Group's total sales over 200 million euros and 500 employees.

Source(s): Algol Chemicals Press Release

Further Information

Visit: http://www.algolchemicals.com