Safic-Alcan enters South American market with Brazil-based distributor

PARIS-LA DÉFENSE—French distributor Safic-Alcan S.A.S. has entered the South American market with the acquisition of Brazil-based specialty chemicals distributor Proquimil Produtos Químicos Ltda.

Established over 40 years ago in Rio de Janeiro, Proquimil is a major chemicals distributor, specializing in rubber and plastic polymers as well as additives, Safic-Alcan said in a Sept. 20 news release.

The integration of the company will be led by Luiz Maranho, who has been described as "a seasoned Brazilian executive in the chemical distribution sector."

Maranho recently joined the Safic-Alcan Group to become the general manager of Safic-Alcan Brasil, the newly established entity in the region.

Proquimil, according to the French group, is a "recognized leader" in the field of rubber and plastic distribution and represents a portfolio of blue-chip producers.

"The establishment of Safic-Alcan Brasil, the acquisition of Proquimil and the onboarding of Luiz are major steps towards our goal for ongoing geographical diversification," said Safic-Alcan CEO Yann Lissillour.

"The core business of Proquimil is rubber, so it is quite fitting to start our activities in South America in a sector very much entrenched in our DNA," added Lissillour.