LEVACO Chemicals establishes branch in Brazil

Date:09-05-2023

LEVACO Chemicals, a leading supplier of specialty chemical products, announces that the legal establishment of LEVACO Brasil was successfully completed on July 1, 2023. With the aim of expanding its international presence and entering new markets, the industrial company has taken the step of investing in the promising Brazilian market. The establishment of a sales and logistics hub in Brazil is already in full swing. LEVACO has established an initial team of qualified employees on site and is supported by experienced local consultants. With this foundation, LEVACO will achieve full functionality of its organization in Brazil in early 2024. "The company's agile structures and fast decision-making processes have enabled us to go from idea to successful foundation in just a few months," says Jens Becker, Chief Financial Officer of LEVACO Chemicals.

Brazil is an already well-known market for LEVACO, where the company has been active for several years. LEVACO sees great potential in the agrochemicals and food chemicals sectors in particular. The opening of a new office in South America emphasizes the importance the company attributes to this market and strengthens its proximity to customers. LEVACO has installed a warehouse in São Paolo to ensure the best possible supply to customers and faster availability of products. This strategic step makes it possible to guarantee the import of high-quality products and to deliver goods to customers more efficiently and quickly.

From left to right: Jens Becker, CFO of LEVACO Chemicals, and Marius Mühlenberg, CEO of LEVACO Chemicals; ©Tobias Vollmer

"The investment in Brazil is an integral part of our growth and diversification strategy. Despite the current discussion about Germany as an industrial location, we remain committed to Chempark Leverkusen as our main production site. But, we also see the shift in market power toward the Global South and recognize the enormous growth potential that exists here. With our new sales office in Brazil, we will be able to serve these markets even better and invest in the future," said Marius Mühlenberg, Chief Executive Officer of LEVACO Chemicals.

With the establishment of LEVACO Brasil, the company is consistently pursuing its growth path and strengthening its global positioning as an innovative and reliable partner for specialty chemicals and additives in industry.

About LEVACO CHEMICALS

LEVACO Chemicals GmbH is one of the leading manufacturers of specialty chemicals and additives with headquarters and production site in Chempark Leverkusen. Formerly part of the BAYER Group, the medium-sized company was spun off in 2014 after several years in the structures of Lanxess and Tanatex. LEVACO Chemicals has decades of experience in the production of process chemicals for the agricultural, food, paper, cable and construction industries. Specialty chemicals include defoamers, dispersants, emulsifiers and wetting agents, which LEVACO also offers in contract manufacturing. With its Green Chemicals division, the chemical supplier is driving forward the development and manufacture of sustainable products, for which it received the EcoVadis Gold Award for the third time in a row. LEVACO has around 200 employees in Germany, Austria and Hong Kong and a global partner network. More information at: www.levaco.com