Euroresins sells UK distribution business of Hexion specialties

Euroresins, the distribution subsidiary of DSM Composite Resins, announces the sale of its Hexion specialties distribution business in the UK to Albion Chemicals.

The Hexion specialties, with trade names which includes Epikote, Epicure, Heloxy and Cardura, have a customer base typically outside of the Composite area. The decision to divest this business was taken to reinforce the focus of Euroresins in its core activity which is composite distribution. This move is a step towards the fulfillment of the DSM strategy which is to build a leading pan European composite distributor.

Euroresins has been the distributor for Hexion specialties in the UK since 1993 and has been very successful in establishing a strong market position for their specialty products.

Three key employees of Euroresins, who were instrumental in the role of building and supporting the business will continue to do so with Albion. To ensure continuity of supply to customers, Euroresins will support the entire transition of the Hexion specialty products to Albion.

Albion Chemicals, part of the Brenntag group, is a distributor of chemical products and services For Brenntag, already a distributor for Hexion in continental Europe, the specialties distribution business in the UK is an excellent fit to expand their geographical reach and forms an attractive addition to Albion’s product portfolio.

About Albion Chemicals
Albion Chemicals Group is the UK and Eire’s leading chemical distributor, and forms part of Brenntag, the world’s leading chemical distributor. Albion Chemicals employs over 850 people at 18 strategic UK sites and serves 18,000 customers each year. Albion Chemicals provides both industrial and speciality products and services to a wide range of market sectors.

About Euroresins
Euroresins is a growing network of European distribution companies specialized in the composites and allied industries and serving more than 20.000 customers. Euroresins is operating in Benelux, United Kingdom, Italy, Spain, Norway, Sweden and France. The group is owned by the Swiss based DSM Composite Resins, one of the Europe's largest producers of structural Resins.

Source : DSM Resins

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Euroresins sells UK distribution business of Hexion specialties

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