Brenntag agrees JV with Singapore’s supply chain solutions provider

Brenntag agrees JV with Singapore’s supply chain solutions provider

5:33 AM, 15th March 2019
Brenntag headquaters
Brenntag headquarters in Belgium. (File photo)

ESSEN, GERMANY: Brenntag has signed an agreement to enter a 51/49 joint venture with Tee Hai Chem Pte Ltd (TEEHAI). Headquartered in Singapore, TEEHAI is a strategic market leader in providing supply chain solutions for materials, chemicals and services for the Life Sciences, Electronics manufacturing and Research & Diagnostics sectors in Singapore and Southeast Asia.

The product portfolio consists of raw materials, consumables as well as high purity specialty chemicals. Other products include research and diagnostics chemicals, chemical delivery systems and Maintenance, Repair and Operations supplies. In addition, the company offers customizable supply chain solutions including external warehousing.

“TEEHAI has a leading market position in Singapore with long lasting supplier and customer relationships. The location of its facilities in Singapore offers strategic advantages in proximity to customers, major ports and neighbouring growth markets,” said Henri Nejade, Member of the Management Board of Brenntag Group and CEO Brenntag Asia Pacific.

“On behalf of my family, I am very pleased to welcome Brenntag as a significant shareholder in TEEHAI. We have built our business over the last five decades, and we look forward to growing even further with Brenntag as our partner. Our market leading capabilities combined with Brenntag’s global reach will create unparalleled synergies that benefit our customers and business partners,” added Han Koon Juan, Executive Director of TEEHAI.

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