Algol Chemicals and Omya will establish a joint venture in Russia for distribution of calcium carbonate and specialty chemicals
Algol and Omya have agreed to establish a Joint Venture in Russia to strengthen their activities in the Calcium Carbonate and Specialty Chemicals distribution. Omya Algol Rus will provide to customers and principals in polymers, paints and coatings, food, personal care and agricultural industries a one-stop-shop opportunity as well as provide the customers with high-value services.
Omya Algol Rus builds a strong platform for future growth in the large and rapidly growing Russian market for Specialty Chemicals and value added Calcium Carbonate products. The aim is to increase market share especially in polymers, paints and coatings, food, personal care and agricultural segments and to offer existing and new customers an extended product portfolio and improved services. Omya Algol Rus will offer its customers a full range of local and imported Omya products combined with a broad range of Specialty Chemicals and experienced technical application support.
Juha Jokinen, Managing Director of Algol Chemicals, says: “We are delighted to begin the next steps of strengthening of our chemicals distribution business in our home market in North and Eastern Europe. Having combined our forces with Omya we will become even stronger partner to our customers and suppliers in Russia.”
“As leading supplier of high quality calcium carbonate products and one of the largest distributors of specialty chemicals worldwide, we are very excited to significantly expand both our chemical products portfolio and our geographical presence in Russia. Algol, whom we enjoy successful cooperation with since 1956, is the right partner for us in this development.”, comments Harald Pfaller, CEO Region Greater South & East of Omya.
Omya Algol Rus will have sales offices in Moscow, St. Petersburg, Yekaterinburg and Rostov with further planned expansion of its sales network.
Press release 23.9.2014 (In English and Russian) >>