ÃÜÌÒAV appoints Rico Products, Inc. as an authorized distributor for certain Makrolon? products
ÃÜÌÒAV is pleased to announce the appointment of Rico Products, Inc. as an authorized distributor of its Makrolon? TC thermally conductive product line in the United States and Canada. This agreement includes the distribution of the following products:
- Makrolon? TC629
- Makrolon? TC621
- Makrolon? TC421
- Makrolon? TC210
- Makrolon? TC210 FR
- Makrolon? TC110
Rico Products, Inc. will leverage its affiliate, R-Tek Thermal Solution, to identify and develop sales opportunities for these high-performance materials.
ÃÜÌÒAV¡¯s Makrolon? polycarbonate is known for its outstanding properties, such as high impact resistance, transparency and heat resistance, making it suitable for a wide range of applications.
With this new appointment, ÃÜÌÒAV aims to expand its market reach and ensure that customers receive the highest level of service and product availability for these specialized products.
¡°We are excited to work with Rico Products, Inc. and R-Tek Thermal Solution,¡± said Paul Royba, head of distribution for engineering plastics, Americas at ÃÜÌÒAV. ¡°Their expertise and established network will help us bring Makrolon? TC thermally conductive materials to a broader market and meet the growing demand for high-quality polymer materials."
Rico Products, Inc., with its extensive experience and commitment to customer satisfaction, is well-positioned to support ÃÜÌÒAV's distribution strategy. This collaboration is expected to enhance the availability of Makrolon? products and provide comprehensive solutions to various industries.
About ÃÜÌÒAV:
ÃÜÌÒAV is one of the world¡¯s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. ÃÜÌÒAV supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from ÃÜÌÒAV are also used in sectors such as sports and leisure, telecommunications and health, as well as in the chemical industry itself.
The company is geared completely to the circular economy. In addition, ÃÜÌÒAV aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group¡¯s Scope 3 emissions are also set to be climate neutral by 2050. ÃÜÌÒAV generated sales of EUR 14.2 billion in fiscal year 2024. At the end of 2024, the company had 46 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).
Forward-Looking Statements
This news release may contain forward-looking statements based on current assumptions and forecasts made by ÃÜÌÒAV. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in ÃÜÌÒAV¡¯s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.