Dipol strengthens plastics arm

摘要

US-owned Dipol, Ukraine's largest distributor of plastics and speciality chemicals, has signed a "memorandum of long-term cooperation" with Dow Europe, its Russian joint venture Dow Izolan and regional white goods producer JSC Nord "aimed at implementing novel rigid polyurethane (PU) formulations offering combined high energy efficiency and fast productivity for outstanding performance" to the "rapidly increasing" domestic appliances sector within the former Soviet Union (FSU). With an output of around 1.5m units per annum, JSC Nord is one of the leading players on the local white goods market and this year alone is expected to consume around 6,000 tonnes of PU. For the past 11 years, the bulk of this material has been sourced from Dow via a formulation joint venture formed between Nord and Dow distributor Dipol.