Ashland Performance Materials announces new logistics services agreement for Europe
Ashland Performance Materials, a commercial unit of Ashland Inc., has entered into a logistics services agreement with De Rijke in the Netherlands. The agreement, which became effective April 10, centralizes the management of Performance Materials’ third-party carriers and warehouses in Europe with De Rijke. The agreement includes Ashland’s full line of polyester, vinyl ester, and acrylic resins, premium gelcoats, low-profile additives, and specialty adhesives.
“To remain competitive in today’s economic environment, our logistics activities must be carried out in the most effective and efficient way possible,” said Stefan Osterwind, commercial director, Europe, Ashland Performance Materials. “De Rijke’s capabilities will help us leverage existing local relationships with carriers and warehouses, while at the same time it will simplify the administrative aspects of managing our transportation and warehousing network. This will allow us to focus on our core manufacturing and service activities, in turn improving our service and delivery capabilities to customers.”
Full implementation of the logistics services agreement is expected to take two to three months in order to fully transition to the new logistics services provider. Customers will not see any impact to their operations as a result of this transition, according to the company.
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