Omya and Algol Chemicals to Establish Joint Venture in Russia
Omya International AG, Oftringen, Switzerland, and Algol Chemicals Oy, Espoo, Finland, have agreed to establish a Joint Venture in Russia to strengthen their activities in the calcium carbonate and specialty chemicals distribution. Omya Algol Rus will provide to customers and principals in polymers, paints and coatings, food, personal care and agricultural industries a one-stop-shop opportunity as well as provide the customers with high-value services.
Omya Algol Rus builds a strong platform for future growth in the large and rapidly growing Russian market for specialty chemicals and value added calcium carbonate products. The aim is to increase market share especially in polymers, paints and coatings, food, personal care and agricultural segments and to offer existing and new customers an extended product portfolio and improved services. Omya Algol Rus will offer its customers a full range of local and imported Omya products combined with a broad range of specialty chemicals and experienced technical application support.
Designated General Director of Omya Algol Rus is Romulo Bouzas. The company will have sales offices in Moscow, St. Petersburg, Yekaterinburg and Rostov with further planned expansion of its sales network.
Omya International AG
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