HELM
Agreement to distribute 50% of Argex's titanium dioxide plant across North America
Helm US Corporation (Piscataway, New Jersey / USA; www.helmus.com), a subsidiary of German distributor Helm (Hamburg; www.helmag.com), has entered into an exclusive long-term marketing and supply agreement to distribute Argex Titanium’s (Montreal, Quebec / Canada; www.argex.ca/en) titanium dioxide (TiO2) in the US and Canada.
Under the terms of the deal, Helm US will distribute 50% – up to 25,000 t/y – of TiO2 produced from Argex’s first industrial-sized plant, to be located in Salaberry-de-Valleyfied, Quebec / Canada. The agreement covers a period of seven years and is set to commence once the plant reaches a certain capacity – most likely in Q1 2017, Argex said.
In June last year, the Canadian company entered into a similar agreement with PPG Industries (Pittsburgh, Pennsylvania / USA; www.ppg.com), which also provides it with R&D support for its TiO2, offering its coatings technology and expertise.
Under the terms of the deal, Helm US will distribute 50% – up to 25,000 t/y – of TiO2 produced from Argex’s first industrial-sized plant, to be located in Salaberry-de-Valleyfied, Quebec / Canada. The agreement covers a period of seven years and is set to commence once the plant reaches a certain capacity – most likely in Q1 2017, Argex said.
In June last year, the Canadian company entered into a similar agreement with PPG Industries (Pittsburgh, Pennsylvania / USA; www.ppg.com), which also provides it with R&D support for its TiO2, offering its coatings technology and expertise.
29.08.2014 Plasteurope.com [229164-0]
Published on 29.08.2014
German version of this article...