BARCELONA, Spain – Ashland Performance Materials, a commercial unit of Ashland Inc., has formed a partnership with Composite Trade, a Russian distribution company, to tap into Russia’s growing demand for composite resins. The new alliance, Ashland Rus, combines Ashland’s resin technology with Composite Trade’s established network and local market knowledge.

“This partnership will place both companies in an ideal position to better serve customers in the growing Russian composites market,” said Rafail Aminov, Director General of Composite Trade.

With Ashland Rus, Ashland is creating a local platform to make its technology more easily accessible to the market segment of direct and larger accounts. This will be in addition to the current distribution model for Composite Trade and its customers, which will remain unchanged.