13-04-2010: Ashland Performance Materials, a commercial unit of Ashland Inc., announced it has agreed with Boytek Resins of Istanbul, Turkey, to enter into a toll manufacturing and two-way distribution relationship. Boytek currently serves as a distributor for Ashland’s high-performance Derakane® epoxy vinyl ester resins in Turkey.
Under the proposed agreement, Boytek will produce Ashland’s Aropol™ unsaturated polyester resins at its manufacturing facility in Cerkezkoy Tekirdag, Turkey. Boytek also will add Ashland’s Maxguard™ gelcoats, Aropol pultrusion resins and Hetron™ fire retardant resins to its distribution portfolio in Turkey. Ashland will now offer Boytek resins in addition to its own extensive resin and gelcoat product portfolio to customers throughout Europe, with specific focus on Central Eastern Europe.