04-06-2012: Univar Inc. announced it has signed a new agreement with BASF to market and distribute its plastic additives and polymers in Turkey.
The agreement includes over forty BASF products such as IRGANOX® and SICOPAL®, which help to enhance the performance, look, and feel of finished plastics goods. All the additives and polymers included in the agreement have applications in a wide variety of industries including the automotive, agriculture, textiles, and building and construction sectors. The agreement does not include additives or polymers associated with the artificial leather industry.
Turkey is an important market for Univar; its population of more than 77 million people and its strong economic growth present significant opportunities for the business. The Turkish plastics industry grew by 15 percent in 2011 and 17 percent in 2010, and growth forecast to reach 10 percent in 2012 .