LyondellBasell and De Monchy, an international trading company, have entered a distribution agreement. From 1 July 2020, De Monchy International BV has been appointed to distribute LyondellBasell Koattro mPB-1 product portfolio within the Hot Melt Adhesives (HMA) segment. The geographic distribution area will be the north-western and central Europe.
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LyondellBasell appoints De Monchy International BV as distributor
Johanna Jones, Marketing Director Europe at LyondellBasell, said: “To be successful in the Hot Melt Adhesives segment, dedicated expertise and a separate focus from our traditional thermoplastics applications is required. De Monchy provides a network and complementary product portfolio to position and grow our Koattro mPB-1 products within the HMA segment. We look forward to growing the business together.”
Gerko Snel, Managing Director at De Monchy, added: “De Monchy is extremely pleased and proud to represent LyondellBasell. LyondellBasell, is recognising the Hot Melt Adhesives market as a potential growth market, and De Monchy is able to support and realise this growth based on its local market expertise, technical knowhow and network. A welcome and good fit for a successful and flourishing partnership. ‘’
Both companies believe that the Hot Melt Adhesives market has a big growth potential. There is a clear trend within this industry towards using metallocene products as polymer backbone of HMA formulations. Koattro mPB-1 products offer unique characteristics, such as very low volatile organic compounds (VOCs), that meet the increasingly demanding requirements of the end-use applications. HMA’s are mainly used in the construction, automotive, wood working and profile wrapping, mattresses, upholstery, packaging, and in the hygiene non-woven industries.
