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DKSH's Performance Materials business unit has agreed to manage the personal care silicones portfolio of Shin-Etsu Silicones Europe in Germany. As part of the agreement, DKSH will handle the sales, marketing, distribution and logistic services for Shin-Etsu's silicones in the country.
The two companies have been doing business together in France and the Nordic countries in the past. According to the companies, the extension of the partnership to Germany was a logic next step in this collaboration. Shin-Etsu Silicones Europe is a subsidiary of Shin-Etsu Chemical Co. Ltd..
DKSH reportedly is looking forward to using the collaboration to further expand its market share in personal care.