Adhesives & Sealants Headlines / Composites / News / Raw Materials and Chemicals

Ashland Announces Russian Resin Partnership

March 14, 2013
KEYWORDS expansion / resins
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Ashland Performance Materials, a commercial unit of Ashland Inc., recently announced the formation of a partnership with Russian distribution company Composite Trade 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.

Ashland’s product range reportedly provides properties that are required in Russia’s growing building and construction, transportation, and marine markets. With Ashland Rus, Ashland intends to create a local platform to make its global 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.

For additional information, visit at www.ashland.com.

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