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NEWS BULLETIN
CHEMICAL DISTRIBUTION
OQEMA SIGNS DEAL WITH CHEMADA
The Oqema Group has entered into an exclusive agency and sales partnership with leading Israeli fine and speciality chemicals manufacturer Chemada Industries. Oqema will act as an agent and distributor in Europe for Chemada’s entire range of brominated intermediates and bromination reagents. In addition, order syntheses based on other technologies will also deliver to the Benelux, France, Germany, Denmark, Switzerland, the UK, the Czech Republic, Slovenia, the Baltic States, Italy and Hungary. “For us as a leading distributor of special products, currently represented in 21 European countries, Chemada’s intermediate products business means a strong expansion of our portfolio,” says Dr James Berwick, group director specialties at Oqema AG. “As the Oqema Group would like to further expand its range of chemical intermediates, we are making every effort to bring industry leaders and innovators with a strong brand and market reputation into important areas of our portfolio. Our teams of technical sales experts are well equipped to offer the Chemada products in our network.” For Chemada, the market presence of
HCB MONTHLY | MAY 2020
Oqema and the professional competence of its teams are crucial, as Eyal Azulay, CEO of Chemada Industries, explains: “We are looking forward to this new partnership with the Oqema Group. The Oqema Group’s extensive market and application experience in the life science and technical industries, its proven performance in terms of value creation in the distribution markets, and its willingness and ability to represent the entire Chemada product range, guarantee successful cooperation.” The deal with Oqema coincides with Chemada Industries taking over direct control of the marketing, sales and distribution of its products, after 45 years of working through Israel Chemicals Ltd (ICL). “We take this opportunity to express our sincere thanks and appreciation to ICL and its people, for many years of great collaboration,” the company says. oqema.com AZELIS BIG IN ASIA
Azelis has acquired CosBond, a Chinese distributor of speciality chemicals and food ingredients. Headquartered in Hong Kong, CosBond has offices and warehouses in
Hong Kong, Shanghai, Guangzhou and Beijing. It represents more than 30 global principals, largely in the personal care sector. “Azelis China has enjoyed a steady growth since its inception in 2013 and has grown to become one of the main international players in the Chinese distribution industry,” says Laurent Natag, CEO/president of Azelis Asia Pacific. “We have a strong presence in the food and nutrition market and we have been growing over past years in serving the personal care, homecare, agro and coatings industries. We are very excited to be able to now extend this vast technical knowledge to CosBond’s principals and customers.” “China has a large and fast-growing personal care market, so now is the right moment to enhance our service offering,” adds Jackson Chu, managing director of Azelis China. “The combination of CosBond’s extended customer base, our joint good market knowledge and strong technical and formulation capabilities of Azelis’ Personal Care team will result in a more comprehensive specialty offering in China. In addition, we are confident this acquisition will bring ample cross-selling opportunities as well