Germany based chemical distributor establishes subsidiary in Nigeria
Germany based chemical distributor Brenntag has established a subsidiary in Nigeria, Brenntag Chemicals Nigeria Ltd. Located in Lagos, the new entity will enable Brenntag to increase its market position and help it to better understand the local needs of customers.
Brenntag began exporting to Nigeria over 30 years ago. “For us Nigeria is a key market in the region,” said Karsten Beckmann, CEO of Brenntag Europe, Middle East and Africa. “With this new entity, which we established closely working together with our subsidiary the Multisol Group, focused on high value fuel and lubricant additives, we want to improve our services to customers and suppliers in the region by also offering warehouse services locally.”
The company also has offices in the Maghreb region, Ghana and South Africa. Nigeria currently ranks number one in terms of GDP in Africa and is one of the world’s largest producers of oil and gas. It also serves as a regional and pan-African production centre for a wide range of industries, including cosmetics. Headquartered in Mülheim an der Ruhr, Germany, Brenntag operates a global network with more than 480 locations in more than 70 countries.