INEOS Oligomers appoints IMCD Group as sole distributor for Indopol® polybutenes in India
ROTTERDAM, The Netherlands (15 March, 2011) – INEOS Oligomers have appointed IMCD Group B.V. as their sole distribution partner for the Indopol® polybutenes product range in India. Indopol® polybutenes are commonly used in lubricants, personal care, adhesives, plastic, sealants, bitumens, fuels and coating formulations.
INEOS and IMCD have a long and successful partnership in a number of product ranges in Europe, Russia, South Africa and China. Deciding factors for this particular deal included the proven track record IMCD has in developing growth through technical innovation and the fact that IMCD is able to offer the same technical and laboratory support to customers in India. In addition, IMCD offers vast logistical expertise and is able to offer tailor-made solutions to meet any customer requirement.
Marcus Jordan, IMCD’s Group Development Director, says about the deal: “INEOS Oligomers have been a valued and strategic partner to the IMCD Group for many years. We are thrilled about this partnership extension as it further enhances our Group knowledge of this exciting product range and follows our strategy for growth in the Asian region.”
Marco Madeddu, IMCD’s European Commercial Manager for INEOS talks about the plans in India as a result of this deal: “IMCD’s success in Europe with PIB is largely due to the efforts we put into customer specific technical developments, supported by our dedicated technical experts and lab facilities. We have an extraordinary team in Mumbai and through our unique structure we will be able to technically support and proactively share the knowledge we have acquired in Europe.“