BASF Signs Distribution Agreement With Nexeo Solutions
THE WOODLANDS, TX/FLORHAM PARK, NJ — BASF has signed an exclusive distribution agreement with Nexeo Solutions, a privately owned chemical distributor, for the distribution of BASF’s specialty high-performance solvents in the United States and Canada. Through this exclusive relationship, Nexeo gains access to a BASF product offering that is well aligned with its focused markets.
BASF is a leading domestic producer of certain specialty high-performance solvent chemistries including:
- glycol diethers (or glymes), a reactive solvent used in inks, specialty coatings, adhesives and cleaning compounds;
- 1,3-dioxolane: a solvent or re-agent used to dissolve polar polymers such as polyesters, epoxies and urethanes; and
- 1,4-dioxane: a process and reaction solvent mainly used in the manufacture of active pharmaceutical ingredients (APIs) and fine chemicals.
“Nexeo’s market knowledge and technical sales approach make them the right distributor for BASF on these products,” said Eduardo Padilla, Director of Corporate Distribution, BASF. “Customers in the U.S. and Canada will benefit from their excellent service and capabilities.”
“This is a tremendous opportunity to extend what is already a strong business relationship between BASF and Nexeo,” said Federico Montaner, Business Director-Specialty Chemicals.