By Vladislav Vorotnikov, Russia Correspondent
Moscow - Chemtura has signed a distribution agreement with Tentonn of St Petersberg, Russia for the supply of Chemtura's chemicals for polyurethane foams and Bisamin A product in Russia. The parties did not disclose the financial details of the agreement.
According to the heads of Chemtura, this step will strengthen the position of the company in regions of the country away from the major cities of Moscow and St Petersburg, where it is often very hard to deal with the logistic issues of the polyurethane foam due to the huge size of the country.
In particular, the Republic of Sakha, where many purchasers of polyurethane foams are located, has around 3000 km² of territory, five times larger than France. Infrastructure is very poor in this region, so the experience of Tentonn will be very valuable here, Chemtura said.
According to a Chemtura spokesperson, based in Moscow, "The partnership between our company and LLC Tentonn will let us to strengthen our presence and support the growth of sales of our products in the [far away] regions as well as it will help us to provide a better services to our customers".
Chemtura said that Tentonn's significant experience in the polyurethane foam industry is also supported by good market coverage. Tentonn already has a and operating network of warehouses and offices, both in the central and industrial areas of the country, but also in less populated and more distant areas, were previously the delivery of Bisamin A and other Chemtura products was "simply impossible.", Chemtura representatives said.
Tentonn is currently working with about 30 foreign companies supplying different type of chemicals at all regions of Russia.
"Chemtura constantly aims to satisfy the growing demands of its customers to retain its positions in the global market as well as provide an appropriate range of final products to meet certain market demands that often depends on the country," a Chemtura spokesperson said.
According to the Chemtura, all the agreements are signed and the first deliveries will take place later this year.