Specialty chemical marketing and sales distributor Viachem Ltd. has reported a record third quarter to investors, exceeding gross margin and sales targets for the three-month period. Citing new producer partner agreements with international specialty chemical manufacturers and sustained success in end-use sales, the company also predicts strong sales to continue through the end of the year.
Viachem recently announced
exclusive distribution agreements with Japan’s Marubeni Specialty Chemicals Inc. to provide North American
distribution of Asahi Kasei F310 Polyvinylidene Chloride (PVDC) Resin. In the
agreement, Marubeni switched all sales, service and marketing responsibilities
for the specialty ingredient from Bellevue, WA-based ChemPoint, a Univar
service company. Viachem also recently secured exclusive North American sales
and distribution rights for the MAXGARD®line of UV
stabilizers from Lycus, Ltd. The two
agreements were significant in expanding Viachem’s footprint during the third
quarter, according to Mike Efting, CEO of Viachem.
“While sustaining our
success in sales and marketing of specialty ingredients for food and personal
care products, we made significant gains in the coatings market through our
recent agreements with Marubeni and Lycus,” said Efting. “Together, with the
accomplishments of our team responsible for selling the specialty and fine
products we market, these translated into a record quarter on both sides of our
business, despite slow economic conditions.”
Viachem focuses solely on
the marketing and sales of specialty and fine chemicals. Its technical sales
team works with producers and their customers to offer product development
expertise and logistics solutions to optimize sales and supply chain efficiency.
For more information, visitwww.viacheminc.com.