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Nexeo Solutions and Borealis Sign Distribution Agreement for North America


10/9/2012 10:09:26 AM

THE WOODLANDS, Texas, Oct. 9, 2012 /PRNewswire/ -- Nexeo Solutions, a global leader in plastics distribution, and Borealis, a leading provider of chemical and innovative plastics solutions, announced today that they have signed a distribution agreement to offer Bormed products, dedicated to healthcare applications in North America.

(Logo: http://photos.prnewswire.com/prnh/20121008/MM89025LOGO)

Nexeo and Borealis' partnership began through Nexeo's acquisition of Ashland. Ashland had been distributing Borealis produced polypropylene (PP) and polyethylene (PE) in Europe over the last 15 years. The distribution agreement has been expanded to include new products such as Borealis' Borstar® PP and PE solutions. Currently, Nexeo Solutions distributes 500+ Borealis products to over 3,000 customers throughout Europe. These solutions mainly serve the advanced packaging market but also include the automotive, healthcare and infrastructure sectors.

The partnership's continued success has been the result of notable improvements including the centralization and automation of transactional processes and the improved alignment of marketing activities.

Building on this experience, the two companies are looking forward to providing premium products and service to customers in the USA.

"Nexeo Solutions is ready to expand the relationship from Europe to USA and offer the Bormed materials as part of our dedicated, high-quality healthcare portfolio," said Jim Harris, Nexeo Solutions Vice President of Product Management. "Nexeo Solutions has a strong strategic commitment to the global healthcare market. This will strengthen our capability to provide targeted winning solutions to our medical device manufacturing and processing customers that value service of a consistent product specification between the continents."

"Building on a strong partnership in Europe, we look forward to extending our distribution agreement with Nexeo in North America. By leveraging their extensive local knowledge of the healthcare customer requirements, we will be able to increase the presence of our Bormed products in the healthcare segment," added Alfred Stern, Borealis Executive Vice President Polyolefins.

About Nexeo Solutions

Nexeo Solutions is the only global plastics distributor with a centralized business model. The company provides broad logistics capabilities, in-depth market knowledge and dedicated technical expertise. As a private company employing more than 2200 employees with operations across North America, Europe and Asia, Nexeo Solutions is a leading distributor in chemicals, plastics, composites and environmental services. Learn more at www.nexeosolutions.com.

About Borealis is a leading supplier of innovative products and solutions for the healthcare industry. As reliable partner, we help partners to advance their applications and meet their needs for lightweight, aesthetic, processing and convenience-related solutions thanks to over 30 years of experience. Borealis offers an ever expanding portfolio of dedicated global products, including the Bormed polyolefins range, security of supply and technical support for the specialized and strict requirements of the market. Taking on today's challenges, we focus on high quality and long-term commitment, by providing superior technical performance for medical devices, pharmaceuticals and diagnostic packaging.

For more information visit:

www.nexeosolutions.com
www.borealisgroup.com
www.borouge.com
www.waterfortheworld.net

Bormed, Borlink and Water for the World are trademarks of the Borealis group.

Borstar is a registered trademark of the Borealis group.

SOURCE Nexeo Solutions



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