December 06, 2013 - United Kingdom
December 06, 2013 - United Kingdom
This new company will produce and sell a wide range of Scott Bader’s speciality products, and especially its extensive range of gelcoat products, sold under its globally-recognised Crystic brand. In addition, Scott Bader will supply its ranges of Crestomer and Crestabond structural adhesive products and Crestapol high performance resins, which will be sold by NovaScott alongside the Crystic gelcoats. This will ensure that Composites customers in Brazil are able to access this wide range of globally-leading products.
Malcolm Forsyth, Adhesives and Advanced Composites Global Business Director for Scott Bader, stated “The NovaScott Joint Venture is a major step forward in Scott Bader’s strategy to sell our speciality products in all key markets globally, and we are delighted to further develop our long-standing relationship with Andercol in this way.
"The NovaScott venture will also enable Brazilian customers across a wide range of end-use sectors to access Scott Bader’s leading technologies, which will bring many product quality and processing benefits. We look forward to building a strong business success with NovaScott in Brazil and beyond, in the coming years.”
Dario Mello, General Manager of the Chemical Business of Grupo Mundial explained that “NovaScott represents an evolution in its line of composite materials through the support of Scott Bader, who has been its partner in South America for over 40 years.”
This new joint venture expands the range of products available to existing customers of Novapol in Brazil. In addition, it will take advantage of the Novapol production facilities in Serra to enable high quality Crystic gelcoats to be offered at competitive prices for the Brazilian market. "We are excited about the future possibilities of NovaScott and our cooperation with Scott Bader, because this is also recognition of the quality of the products and processes of Novapol in Latin America," commented Mello.
‘Abahsain Scott Bader LLC’ Saudi Arabian Joint Venture
Working with S & A Abahsain, a privately-owned chemical company in Saudi Arabia, Scott Bader has created a 50:50 Joint Venture company named ‘Abahsain Scott Bader LLC’, to sell a wide range of polyester resins and other Scott Bader speciality products, including gelcoats and vinyl esters, in the Saudi Arabian market and other regional markets across the GCC region.
"This Joint Venture will provide access to the fast developing Saudi Arabian and GCC markets, and together we see significant potential for growth over the coming years.” Mr S K Maqsood, Director for the Abahsain Group said “I am excited about the Joint Venture which builds on the strengths of Abahsain’s position in Saudi Arabia, complementing Scott Bader’s leading technology products”.
Mr Philip Bruce, Scott Bader’s Group Managing Director, stated that: “These two Joint Ventures strengthen our commitment to supply leading Scott Bader products to support our customers globally. I am delighted to achieve this ambition and value the support of the ventures partners in Brazil and Saudi Arabia.”
About ‘Grupo Mundial’ and its chemical business
With a career spanning 90 years, the Mundial Group is a multinational of Colombian origin managing businesses in paints, chemicals, trade and water. The Chemicals Business of Grupo Mundial has several companies in the region including Andercol (Colombia), Novapol (Brazil), Poliquim (Ecuador), Andermex (Mexico) and Epoxa (Chile).
Andercol is the leader in Latin America in the manufacture of polyester resins and gel coats and is also the largest distributor of supplementary materials such as fiberglass, catalysts, pigments and additives. Andercol currently serves over 11 countries with a wide portfolio: laminating resins, corrosion resistance, continuous processes, filament winding, synthetic marble, RTM, etc.