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September 22, 2022 12:18 PM

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

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    Safic-Alcan acquires Brazil-based specialty chemicals distributor Proquimil Produtos Químicos

    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."

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    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.

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