DKSH expands distribution agreement with Stepan in India and South Korea

DKSH has expanded its distribution agreement with Stepan, a leading global manufacturer of specialty and intermediate surfactant chemicals, to provide its products for metalworking applications in India and South Korea.

Media release

Zurich, May 20, 2021 – DKSH's Business Unit Performance Materials, a leading ingredients and specialty chemicals distributor, has expanded its distribution agreement with Stepan in India and South Korea. Under the agreement, DKSH will be the exclusive partner to provide marketing and sales, distribution and logistics as well as customer management for Stepan's portfolio of specialty and intermediate chemicals to the metalworking fluids market. DKSH and Stepan had already started the cooperation in this application segment in Thailand last year.

In addition to its leading position as a distributor of specialty chemicals and ingredients in Asia Pacific, DKSH was once again selected by Stepan thanks to its strong capabilities in logistics, deep market insights and proven track record of marketing, sales and distribution.

Eric R. Hernandez, Channel Manager – Asia Pacific, Stepan Asia, commented: “We are looking forward to building on our already successful relationship with DKSH. The expansion in India and South Korea is a great opportunity for us to jointly increase our market growth.”

Ramon J. Viñas, Vice President, Global Specialty Chemicals Industry, Performance Materials, DKSH, added: “We are grateful to Stepan for their continued trust in our organization and are very excited to diversify their specialties into metalworking applications. With extensive market coverage in India and South Korea, supported by strong technical expertise and innovation center capabilities, we are confident to rapidly penetrate this growing segment.”

For further information, please contact:

DKSH Performance Materials

Daniel Hollister

Senior Manager, Group Marketing

Phone +44 20 8879 5500

daniel.hollister@dksh.com

Stepan Asia Pte Ltd

Joyce F. Wong

Marketing Manager

Phone +65 9725 9586

JFWong@stepan.com