Grupo M.Cassab to Market Perstorps Range of Caprolactones in Brazil

Following the overall review of Perstorps use of sales channels and the greater focus from the Group on the South American business, Perstorp has announced that during the second half of 2012, a new and extended distribution agreement was signed between Perstorp AB and Grupo M.Cassab.

Besides its role as distributor for Perstorps range of Caprolactones in the Brazilian market, Grupo M.Cassab is taking over responsibility for distributing a range of Perstorp building blocks for the coating resins market (such as Trimethylol-propane, Neopentyl glycol and Isophthalic Acid) as well as coalescing agents NX 795 and NX 800.

The collaboration with Grupo M.Cassab will complement Perstorps own sales force in serving small and mid-sized customers in Brazil.

"Grupo M.Cassab has been one of Perstorps partners for many years in selected areas and its natural to formalize and expand our collaboration. Both companies have clear ambitions for growth in the Brazilian market and we are confident that together we can expand our business activities in several areas," says Claudio Gaino, Perstorps Latin America Director.

About Grupo M.Cassab

With 84 years on the Brazilian market, Grupo M.Cassab owns three large business areas: Distribution, Consumption and Real Estate Investments which totally comprises 15 performance areas and three thousand direct and indirect employees. The Group differential is the innovation and specialty on diversity, built on productivity, quality, socio environmental responsibility and future vision. With a growth projection of 23% for 2012, M.Cassab is present in big capitals of Brazil, United States, United Arab Emirates, China, Argentina and Uruguay.

About Perstorp

The Perstorp Group is one of the world leaders in several sectors of the specialty chemicals market for a wide variety of industries and applications. Their products are used in the aerospace, marine, coatings, chemicals, plastics, engineering and construction industries. They can also be found in automotive, agricultural feed, food, packaging, textile, paper and electronics applications. Perstorp has approximately 2,200 employees and manufacturing units in eleven countries in Asia, Europe and North America. Sales amounts to SEK 14 billion INSERT INTO [lzx].[dbo].[tb_new]([id],[type],[title],[source],[personal],[image],[contents],[time],[number]) VALUES (1.45 ?illion). By the end of 2005 the Perstorp Group was acquired by Perstorp Holding AB, controlled by the French private equity company PAI partners.

Source: Perstorp