Azelis’ Megafarma adds BASF’s performance chemicals portfolio in Mexico
2 November 2021
Megafarma, an Azelis company, was appointed the exclusive distribution partner for BASF’s Plastic Additives and Fuel & Lubricant solutions in Mexico. BASF’s Plastic Additives and Fuel & Lubricant solutions complement Megafarma’s existing distribution portfolio. Target segments for the new portfolio of products include automotive and transportation, construction, agriculture, textile and fibers, packaging, electric components, and recycling markets. The effective date of this agreement was October 1st, 2021.
Highlights & rationale
- The new distribution agreement adds to the existing portfolio of Azelis’ products available from BASF to customers across Mexico and North America.
- BASF Plastic Additives and Fuel & Lubricant solutions will increase Megafarma’s product offering to key industry segments in Mexico.
- The agreement with BASF is in line with Azelis’ strategic ambition to expand existing relationships into new territories
Dan Gruber, Managing Director, New Business Development CASE, Azelis Americas, said:
“Azelis is thrilled to grow our strategic relationship with BASF-EVP in Mexico with Megafarma. BASF-EVP has been a long-time strategic partner of Azelis in North America. The addition of the Mexico market mandate with EVP demonstrates the commitment by Azelis to strengthen our presence in the plastics market throughout North America.”
Eduardo Salinas, Managing Director Azelis Latin America, added:
“With the addition of the BASF EV business line Azelis confirms its strategic intent to become a leading player in specialties distribution in Mexico by strengthening our presence in the plastics market. Partnering with BASF Mexico’s EV team and building a world-class fully-equipped plastics applications lab in our Mexico Innovation Center will allow us to provide unparalleled technical services to our valued customers.”