Biosynthetic® Technologies announce distribution agreement in North America, EU
Biosynthetic® Technologies announced a distribution partnership with Sea-Land Chemical Company in North America and SIP in the European Union.
Biosynthetic® Technologies has teamed up with Sea-Land to market and promote its line of biosynthetic base oils with exclusive distribution into the transportation and industrial lubricants market in North America. Sea-Land Chemical Company will market, sell, warehouse and support Biosynthetic® Technologies’ full product portfolio of high-performance, renewable, biodegradable, nonbioaccumulative and nontoxic biosynthetic base oils starting 15 August 2019.
In Europe, Biosynthetic® Technologies has teamed up with SIP to market and promote their line of biosynthetic base oils to industrial markets across Europe. Under the exclusive terms of the agreement, SIP will market, sell, warehouse and support Biosynthetic® Technologies’ full product portfolio of high-performance, renewable, biodegradable, nonbioaccumulative and nontoxic biosynthetic base oils starting 19 September 2019.
“This agreement with Sea-Land Chemical Company increases the availability of our biosynthetic base oils across North America, while at the same time expanding the Sea-Land Chemical Company impressive product portfolio to include the bio-based base oil category,” said Matt Kriech, COO at Biosynthetic® Technologies.
“Sea-Land Chemical Company continuously focuses on bringing new and innovative technologies to our customer base and enhancing our portfolio of specialty additives and base stocks,” said Craig Lundell, senior VP of Commercial Operations and Europe. “By joining forces with Biosynthetic® Technologies, we are well-positioned to support the growing needs of our customers in environmentally friendly fluids and look forward to helping them diversify and grow their business in the North American and European lubricant markets.”
“We are incredibly excited about this recent agreement with SIP, as our organizations are very much aligned in our goals and values. We look forward to providing customers in Europe with our high-quality synthetic base oils leveraging the excellent reputation of our new partner, SIP,” said Biosynthetic® Technologies CEO Mark Miller.
“SIP is delighted to have reached an agreement to become the European distribution partner of Biosynthetic Technologies and we very much look forward to working together to achieve our common goals in the area of renewable and sustainable base oils,” said Steve Spencer, managing director of SIP, Ltd. “Biosynthetic Technologies have already demonstrated that their approach to the partnership is supportive, includes clear objectives and is straightforward; all essential factors for a sound and collaborative principal/distributor relationship. Together with SIP’s experience in this market space and our high levels of service and flexibility, we believe this will be a winning team and we look ahead to achieving great success throughout Europe.”
