Ashland appoints Barentz as strategic distribution partner for Pharmaceuticals in Russia

Ashland extends strategic distribution partnership with Barentz in Russia, appointing IMCoPharma as an exclusive distributor for their pharmaceutical product range from the 1^st November 2021. Barentz and Ashland have been working for many years in Europe and the extension of the existing partnership between these two companies gives Barentz and IMCoPharma’s pharmaceutical customers in Russia access to a large portfolio of global specialty materials.

Mr. Joel Prouff, General Manager EMEA-Life Sciences: „Barentz is a distributor with whom Ashland has successfully worked in some European countries in recent years and we are pleased to broaden our distribution business with Barentz in Russia. Barentz offers our customers outstanding support, and their team of technical specialists is a valuable resource in creating innovative product solutions.”

Mr. Anthony Litchfield, Global Vice President Pharmaceutical Division at Barentz said: „Based on our long-lasting European partnership with Ashland, we are delighted to be chosen as Ashland’s exclusive distribution partner for Russia. We are proud to be a partner of an experienced international company with unrivaled range of cellulosic and other polymeric excipients and represent their product portfolio among our customers across the Russian territory. We all look forward to further successful collaboration in the coming years.”

Mr. Lukas Adamec, Commercial Director of IMCoPharma, added: „Our deep knowledge of the territory together with Ashland’s product portfolio will allow us to offer a unique line of products and services to our Russian customers and build our common success and growth on the market. We are delighted to extend our international distribution network by Ashland’s portfolio! “

About Ashland
Ashland (NYSE: ASH) is a global, consumer market-focused additives and specialty ingredients company that is responsibly solving for a better world. Through science and a conscious and proactive mindset for sustainability, we serve customers in pharmaceutical, personal care, architectural coatings, construction, energy, food, beverage, and nutraceuticals. At Ashland, we are approximately 3,800^* passionate, tenacious solvers who thrive on developing practical, innovative, and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.com and ashland.com/sustainability to learn more.

* Reflects employee base following the planned sale in 2022 of performance adhesives.

^™ Trademark, Ashland or its subsidiaries, registered in various countries.