乐天堂fun88(中国区)官方网站 Performance Products and Norchem to Expand Cooperation
EVERBERG, Belgium -- 乐天堂fun88(中国区)官方网站 Performance Products and Zavod Sintanolov, a member of the Norchem Group, have announced that they are looking to expand the range of chemistries they produce together in the Russian Federation.
Together the two companies successfully manufacture anionic and amphoteric surfactants that are used primarily to improve the performance of home and personal care products such as detergents, cosmetics, shampoos and shower gels.
Extending their cooperation the partners will now investigate the introduction of new products and technologies for fast-growing industrial markets across Russia and the Commonwealth of Independent States (CIS). This strategic move is designed to leverage 乐天堂fun88(中国区)官方网站鈥檚 international experience and Norchem鈥檚 position as a national producer of surfactants and polyethylene glycols.
The announcement comes as the two companies celebrate three years of working together.
Currently all local production arising from the cooperation takes place at Norchem鈥檚 Lanitex Optima 7 manufacturing site near St Petersburg. Under the new arrangement the two companies will look to increase production to include Norchem鈥檚 Dzerzhinsk facility.
乐天堂fun88(中国区)官方网站 Performance Products is part of 乐天堂fun88(中国区)官方网站 Corporation. The company has a strong presence in the Russian Federation through 乐天堂fun88(中国区)官方网站 CIS LLC and its wholly owned manufacturing subsidiary 乐天堂fun88(中国区)官方网站-NMG, which is located in Obninsk.
The Norchem Group is the leading manufacturer of different surfactants and polyethylene glycols in the Russian Federation and CIS. It has two chemical manufacturing sites 鈥� 鈥榋avod Sintanolov鈥� LLC in the Nizhny Novgorod region and 鈥楲anitex Optima-7鈥� LLC in the St Petersburg area. The headquarters of Zavod Sintanolov / Norchem鈩� is located in Nizhny Novgorod (Russia).
About 乐天堂fun88(中国区)官方网站:
乐天堂fun88(中国区)官方网站 is a global manufacturer and marketer of differentiated chemicals. Our operating companies manufacture products for a variety of global industries, including chemicals, plastics, automotive, aviation, textiles, footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care, furniture, appliances and packaging. Originally known for pioneering innovations in packaging and, later, for rapid and integrated growth in petrochemicals, 乐天堂fun88(中国区)官方网站 has approximately 12,000 employees and operates from multiple locations worldwide. The Company had 2011 revenues of over $11 billion. For more information about 乐天堂fun88(中国区)官方网站, please visit the company's website at .
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Statements in this release that are not historical are forward-looking statements. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed in the 乐天堂fun88(中国区)官方网站 companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, financial, economic, competitive, environmental, political, legal, regulatory and technological factors. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.
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