International Business: KMG, Solvay, Ink Chemical Distribution Deal
June 15, 2010 (FinancialWire) — KMG Chemicals, Inc. (NASDAQ: KMGB), a provider of specialty chemicals, said that it has signed an exclusive distribution agreement with Solvay Chemicals, Inc., a member of the Belgium-based Solvay Group, to distribute the Proxitane AHC product line for animal hygiene in the United States.
The Proxitane brand signals KMG’s entrance into the farm and ranch hygiene sector of animal health products. Proxitane AHC is a patented peracetic acid-based broad spectrum disinfectant that is specially formulated to optimize its disinfectant action.
The product has cleaning and disinfecting applications for buildings, vehicles and containers used by poultry, cattle, swine and sheep growers. It is currently marketed in Europe and Asia and this exclusive agreement represents Solvay’s expansion into the U.S. farm and ranch hygiene market.
Texas-based KMG Chemicals, through its subsidiaries, produces and distributes specialty chemicals. Its current operations are focused on the wood treatment, electronic, and agricultural chemical markets.
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