Afton Chemical Names ChemPoint Exclusive Distributor of Packaged Goods in the U.S. and Canada
Richmond, VA, August 5, 2015
Afton Chemical Corporation, a global leader in petroleum additives, announced today that it has selected ChemPoint.com, Inc., a wholly owned subsidiary of Univar Inc., as its exclusive distributor of packaged goods in the United States and Canada, effective Aug. 1, 2015. The agreement covers the packaging and distribution of all packaged products by ChemPoint, including the HiTEC®, Polartech®, and Actrasol® product lines.
“This relationship was formed to improve Afton’s service offerings to its customers and strengthen our overall supply chain,” said Ken Cundy, Afton Chemical VP of North America. “ChemPoint will act as an extension of Afton, improving our lead times and delivery performance for all customers who buy products in totes, drums or smaller packages. We are very impressed with the ChemPoint team and are confident they will provide the best experience for our customers.”
Afton and ChemPoint worked together to build a custom supply chain network that addresses the specific needs of Afton’s customers. ChemPoint will power this new logistics organization, making products available in more locations, in closer proximity to customers.
“The business alignment realized through this relationship presents tremendous opportunity for active collaboration and growth, not only for our businesses, but customers as well,” said Joe Stanaway, Vice President of Sales and Business Development for ChemPoint. “Afton’s industry-leading expertise in petroleum additives with the strength of ChemPoint’s supply chain solutions will prove to be a unique and powerful business model in this market.”
Afton and ChemPoint will be implementing this new agreement in phases. All current Afton customers will be contacted directly with details about when they will begin experiencing the benefits of this relationship and should direct any questions to their Afton Sales Representative. Prospective customers can contact ChemPoint at 800.485.9569 or [email protected].
About Afton Chemical
Afton Chemical Corporation, is part of the NewMarket Corporation (NYSE: NEU) family of companies. Afton uses our formulation, engineering and marketing expertise to help our customers develop and market fuels and lubricants that reduce emissions, improve fuel economy, extend equipment life, improve operator and driver satisfaction and lower the total cost of vehicle and equipment operation. We are leaders in fuel economy improvement, emission reduction and wear control technology. We offer performance fuel additives and refinery chemicals, such as gasoline and diesel performance additives, lubricity improvers, and cold flow improvers; driveline additives, such as automotive gear oil and automatic transmission fluid additives; engine oil additives for passenger car, heavy duty diesel and railroad and marine diesel engines; additives for industrial products, such as wind turbine lubricants, industrial gear oils, turbine oils, hydraulic oils, grease, slideway oils, metalworking fluids and industrial specialty chemicals. The company supports global operations through regional headquarters located in Asia Pacific, EMEAI, Latin America and North America. Afton Chemical Corporation is headquartered in Richmond, Virginia.
ChemPoint.com, Inc., a wholly owned subsidiary of Univar Inc., is a unique distribution platform that provides marketing and sales services for specialty and fine chemicals in North America and EMEA. The company engages in exclusive product line relationships with premier manufacturers, providing tailored solutions to more than 90 supplier partners and over 200 product lines globally. For more information, please visit www.chempoint.com.
About Univar Inc.
Founded in 1924, Univar is a global distributor of specialty and basic chemicals from more than 8,000 producers worldwide. Univar operates more than 700 distribution facilities throughout North America, Western Europe, the Asia-Pacific region, and Latin America, supported by a global network of sales and technical professionals. With a broad portfolio of products and value-added services, and deep technical and market expertise, Univar delivers the tailored solutions customers need through one of the most extensive chemical distribution networks in the world. Univar is Chemistry DeliveredSM.
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