DKSH has entered a partnership with IOI Oleo, a supplier of oleochemical specialties, for Australia, New Zealand, the Philippines, Taiwan, South Korea, and Vietnam.
DKSH's Business Unit Performance Materials, a distributor of specialty chemicals and ingredients, will provide business development, marketing, sales, logistics, and distribution services for IOI Oleo’s range of oleochemical specialties in six key Asian Pacific markets, including Australia, New Zealand, the Philippines, Taiwan, South Korea, and Vietnam. The distribution agreement will commence on April 1, 2022.
IOI Oleo produces a range of oleochemical products for industrial applications, such as APIs and excipients for the pharmaceutical industry. Under the agreement, DKSH will provide market expansion services for IOI Oleo’s triglycerides, lipids, oils, fatty esters, hard fats, liquid solubilisers, and specialties, including brands, such as Dynasan and Imwitor.
René Beyer, Head of Sales EMEA, LATAM & Strategic Accounts Pharma, IOI Oleo, commented: “We are very pleased to welcome DKSH to our international distribution partner network. We are convinced that, thanks to the high level of professionality and service of the local sales teams of DKSH, our collaboration will be of benefit for the pharmaceutical industry, and in turn for the patients.”
Zeljko Pockaj, VP Global Pharmaceutical Industry, DKSH, added: “We are delighted to partner with IOI Oleo for six key markets in Asia Pacific. IOI Oleo’s high quality specialties are an excellent fit for our product offering. We very much look forward to introducing their excipient brands to our large customer base and to increasing market penetration in the region.”