Press Release

# Company

21.10.2019   12:10

ALBIS receives distribution rights from COVESTRO for Southeast Europe

Hamburg, 21.10.2019 - From January 2020, ALBIS will distribute COVESTRO's entire polycarbonate and thermoplastic polyurethane product portfolio in Slovenia, Croatia, Serbia, Bosnia-Herzegovina, Montenegro, Kosovo, Albania, Northern Macedonia and Greece. Together with the existing distribution rights, the Hamburg-based family-owned company now represents the listed materials manufacturer headquartered in Leverkusen in almost all of Europe, North Africa and China.

"COVESTRO and ALBIS have a long-term, trusting and mutually beneficial worldwide partnership in the areas of distribution, contract and license compounding," says Horst Klink, Head of Distribution at ALBIS. "Thanks to our strong sales and logistical presence in the region, we are more than willing to expand our brand coverage here as well. We are very excited about the expanded cooperation".

Gábor Ladányi, Head of Distribution PCS EEMEA at Covestro International SA, says: "ALBIS brings many years of experience and competence in the European market for engineering plastics as well as a versatile and sustainable network. We still see a lot of potential in the area of project development with small and medium-sized customers and are fully confident in ALBIS's powerful and sustainable sales force".

COVESTRO and ALBIS share a similar vision, values and market orientation. COVESTRO's product offering is almost fully compatible and complementary to the ALBIS distribution portfolio and philosophy of value selling and technical expertise.

"The inclusion of the Southeastern Europe region in the ALBIS sales territory will reduce the complexity for COVESTRO," continued Klink. "This will create synergies on both sides and increase efficiency and effectiveness".

ALBIS serves more than 13,000 small and medium-sized customers worldwide, thinks globally and acts locally. By managing order volumes, prices, conditions and logistics, ALBIS increases customer benefit on behalf of COVESTRO.

Author

Lennart Meyer

Specialist Communication & PR

+49 40 78105-523 +49 40 78105-523

moc.sibla@reyem.trannel

ALBIS PLASTIC profile in brief

ALBIS PLASTIC is one of the leading globally operating companies in the distribution and compounding of technical thermoplastics and thermoplastic elastomers. In addition to the product portfolio of well-known plastic manufacturers, ALBIS offers the plastic processing industry a diverse product range of high performance plastics, compound solutions and masterbatches. In 2018, the ALBIS Group, which has more than 1400 employees, achieved sales of 1.1 billion EUR. With 26 locations worldwide, the Hamburg based company is strongly represented in Europe with a growing presence in North Africa, the Asia Pacific and the Americas. At five German locations as well as in Knutsford (UK), Duncan, South Carolina (USA) and Changshu (China), ALBIS produces compounds and masterbatches, in part specializing in high-quality recycled compounds and green materials. All sites are certified according to the IATF 16949 or ISO 9001 Standard. In 2018, ALBIS was certified according to European Corporate Social Responsibility standards by rating specialist EcoVadis.

For more information visit http://www.albis.com and http://www.albisamericas.com.