WESTPORT, CT/MEXICO CITY – Megafarma, an Azelis company, has been authorized by BASF Monomers, a leader in the development, production and sale of polyurethanes, to distribute its polyurethane raw materials in Mexico. The exclusive distribution agreement includes BASF’s lines of Lupranate® isocyanates and Pluracol® polyols. The agreement is effective immediately.
This agreement further strengthens Azelis’ strategic acquisition of Megafarma earlier this year to expand into the Latin American CASE market. It leverages existing Azelis Americas CASE assets, including application labs, digital platforms, and technical and market intelligence, in the Mexican market. The agreement is in line with Azelis’ corporate strategy of organic growth through the expansion of existing relationships with key principals into new territories.