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PLYMOUTH, Mich., Oct 24, 2013 - (ACN Newswire) - Resinate Materials Group, Inc., a provider of polyurethane dispersion (PUD) resin technology and products to the coatings industry, has entered into a distribution agreement with Connell Brothers, the largest marketer and distributor of specialty chemicals and ingredients in Asia-Pacific. Under the agreement Connell Brothers would have exclusive rights to distribute Resinate's line of PUDs resins in China, Taiwan, Japan, South Korea and India.
The agreement marks Resinate's first major venture outside of North America and gives Connell Brothers' clients access to Resinate's novel PUD resin products. The relationship further expands Connell Brothers' already extensive portfolio of chemical products to include PUDs for diverse coating applications such as wood, automotive, architectural and industrial products. Both companies will benefit from the growing importance of PUDs, which are enjoying increased acceptance in the coatings industry because of their compatibility with low VOC formulations and protective properties.
Resinate is currently in the midst of an aggressive growth strategy to expand its PUD business. Earlier this year Resinate secured distribution relationships with firms in the U.S. and Canada and has made significant strides to enhance its research and development activities and infrastructure. Mr. Brian Phillips, CEO of Resinate Materials Group is pleased with the new relationship; "We see the distribution agreement with Connell Brothers as a key driver for the success of our company. They are the industry leader in Asia and can open many doors for us. In turn, we believe Connell Brothers' clients will benefit greatly from our high-quality, low VOC resins."
"We believe that bringing Resinate's quality PUDs to the Asia-Pacific region aligns with our portfolio growth strategy," said Alex Grantz, business development manager for Connell Brothers. "We look forward to the future successes that this partnership will bring to both our companies."
About Resinate Materials Group, Inc.
Resinate Materials Group, Inc. is a provider of high quality, low VOC polyurethane dispersion (PUD) resins headquartered in Plymouth, Michigan. Since 2007, Resinate's mission has been to create sustainable coating solutions that meet the diverse needs of the coating industry. Our current products and those in development target key application substrates such as metal, wood, plastic and a variety of specialty materials. Resinate(R) brand PUD resins are an excellent choice for companies seeking to develop low VOC, quality coatings for their commercial and industrial products. Learn more at www.resinateinc.com or call us at +1-800-891-2955.
About Connell Brothers
Founded in 1895, Connell Brothers is a division of Wilbur-Ellis Company and is the largest marketer and distributor of specialty chemicals and industrial ingredients in Asia-Pacific with a keen focus on technical service, customer support, and environmental, health, and safety. Connell Brothers provides complete supply chain management from transportation, documentation, warehousing, and sales and distribution in 17 countries and in 37 offices located throughout Asia-Pacific. For more information, please visit www.connellbros.com.
Resinate PR Contact:
Christopher F. Paulik
Director of Marketing and Sales
+1-314-422-4716
Connell Brothers Contact:
Sandra Gharib
Corporate Communication
Connell Brothers, a division of Wilbur-Ellis Company
+1-415-772-4036
Topic: Licensing Agreement
Source: Connell Brothers Company
Sectors: Design Process, Engineering, Chemicals, Spec.Chem, Science & Nanotech
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
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