Press release

  • TER Plastics POLYMER GROUP to be distributor for Evonik's PLEXIGLAS® molding compounds in Italy with group member TER ITALIA

From July 1, 2018 the new distribution partner TER ITALIA, headquartered in Milan, will market the complete portfolio of Evonik's PLEXIGLAS® and PLEXIMID® molding compounds in Italy.

TER Plastics has been operating successfully in the plastics market for many years and offers its customers high-quality plastic products backed by expert technical service. The extensive product portfolio of PLEXIGLAS® molding compounds for all injection-molding and extrusion applications is the ideal supplement to TER ITALIA's existing range. The collaboration with the previous distribution partner, Vamp Tech (Italy), ended on June 30, 2018.

The existing partnership with the dealer Guberti S.p.A. in the Veneto, Friuli-Venezia Giulia, and Trentino-Alto Adige regions remains unaffected by the change. 'With Guberti and TER ITALIA, our two distributors for the Italian market, we're very well positioned for the future and have two partners with excellent knowledge of the market and sales expertise,' says Peter Freisler, head of Business Management Europe.

PLEXIGLAS®, Evonik's branded polymethyl methacrylate (PMMA), is the perfect solution for applications requiring exceptional brilliance and transparency, unparalleled weather resistance, and excellent surface characteristics. The main uses for these products are in medical technology, in the automotive, watch-making, and lighting industries, in optics, communication, building, and household applications

More information on the new distribution partner:
www.terplastics.com
www.tergroup.com

About Evonik
Evonik is one of the world leaders in specialty chemicals. The focus on more specialty businesses, customer-orientated innovative prowess and a trustful and performance-oriented corporate culture form the heart of Evonik's corporate strategy. They are the lever for profitable growth and a sustained increase in the value of the company. Evonik benefits specifically from its customer proximity and leading market positions. Evonik is active in over 100 countries around the world with more than 36,000 employees. In fiscal 2017, the enterprise generated sales of €14.4 billion and an operating profit (adjusted EBITDA) of €2.36 billion.

About Performance Materials
The Performance Materials Segment is managed by Evonik Performance Materials GmbH. The segment focuses its global activities on developing and manufacturing polymer materials and intermediates, especially for use in agriculture and in the rubber and plastics industry. In 2017, the segment's roughly 4,400 employees generated sales about €3.8 billion.

Disclaimer
In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.

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Evonik Industries AG published this content on 02 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 July 2018 12:23:05 UTC