 "A Schulman ropes in Snetor Chimie to expand masterbatch business in Africa")
A Schulman Inc, the US-based supplier of high-performance plastic compounds and resins, will expand its presence in the African masterbatch market through a strategic partnership with Snetor Chimie, headquartered in Courbevoie Cedex, France.
A Schulman has appointed Snetor Chimie, the leader of plastics distribution in the region, as its privileged partner to commercialise its complete range of white, black and coloured masterbatches and additives. The commercial activities will be focused exclusively on countries and partners which comply with US and EU trade restrictions and laws.
With an average GDP of 5 percent and an improved political situation, Africa has become an attractive continent for investors. A Schulman has already partnered with direct customers in the area and this further solidifies its presence through the partnership with Snetor Chimie which has numerous offices and warehouses in various African countries.
Heinrich Lingnau, SVP & general manager of A Schulman - Europe, Middle East and Africa, commented, “The partnership with Snetor Chimie is a strategic move for us and a clear commitment to our African customers. The continent is very dynamic, especially for masterbatch. It is paramount for us to be well represented in this market. With Snetor Chimie being one of the market leaders in this region, we are accelerating our market penetration.”
A Schulman has appointed Snetor Chimie, the leader of plastics distribution in the region, as its privileged partner to commercialise its complete range of white, black and coloured masterbatches and additives. The commercial activities will be focused exclusively on countries and partners which comply with US and EU trade restrictions and laws.
With an average GDP of 5 percent and an improved political situation, Africa has become an attractive continent for investors. A Schulman has already partnered with direct customers in the area and this further solidifies its presence through the partnership with Snetor Chimie which has numerous offices and warehouses in various African countries.
Heinrich Lingnau, SVP & general manager of A Schulman - Europe, Middle East and Africa, commented, “The partnership with Snetor Chimie is a strategic move for us and a clear commitment to our African customers. The continent is very dynamic, especially for masterbatch. It is paramount for us to be well represented in this market. With Snetor Chimie being one of the market leaders in this region, we are accelerating our market penetration.”