FLORHAM PARK, N.J., Feb 12, 2007 (BUSINESS WIRE) -- BASF Corporation has entered into an agreement with ChemPoint.com of Bellevue, Wash., to serve as an authorized distributor for nutritional ingredients in the United States.
ChemPoint will be BASF's preferred partner in the United States to market for human nutrition products including a complete range of fat- and water-soluble vitamins, carotenoids and other health ingredients for the food, beverage and dietary supplement industries. BASF's nutritional ingredients are used in the manufacture of tablets, hard and soft gelatin capsules, infant nutrition, functional beverages, juices and food products.
"We have selected ChemPoint based on its excellent market position in the food industry and the proven track record with BASF," said Folker Ruchatz, Director, Pharma Solutions and Human Nutrition for BASF in North America. "Our customers in the food, beverage and dietary supplement industries will benefit from the combination of BASF's production and technical expertise with ChemPoint's marketing and e-distribution capabilities."
ChemPoint has a differentiated marketing model, providing customers with technically supported ingredients in many industries, including food, pharmaceuticals and nutraceuticals.
"ChemPoint is uniquely positioned to provide customers with the right ingredients to match their needs," said Joe Stanaway, Food and Pharma Business Director, for ChemPoint. "By expanding alliances with our strategic partners such as BASF, we offer uncompromised quality and superb technical support for products that are uniquely positioned for human nutrition applications."
BASF is a leading global partner for balanced and innovative nutrition for the dietary supplement, beverage and food industries, offering a full line of vitamins, beta-carotene, lycopene, lutein, coenzyme Q10, omega-3s, caffeine, excipients, coatings and other ingredients. BASF offers excellent quality ingredients produced with state-of-the-art technologies, along with technical services and scientific expertise to meet the highest demands and to deliver the best value to the industry. Premium formulations are a key strength that has made BASF a leader in the industry.
ChemPoint.com ( www.chempoint.com) is the leading "e-distributor" of specialty and fine chemicals in North America, working in exclusive relationships for specific product lines with premier manufacturers. Based in Bellevue, Washington, ChemPoint provides its suppliers with marketing, sales, customer service and order fulfillment for targeted customer segments. ChemPoint is a fully owned subsidiary of Univar (Euronext Amsterdam: UNIVR), a global leader in chemical distribution. For more information, go to www.chempoint.com.
BASF -- The Chemical Company. We don't make a lot of the products you buy. We make a lot of the products you buy better.(R)
BASF Corporation, headquartered in New Jersey, is the North American affiliate of BASF AG, Ludwigshafen, Germany. BASF employs about 16,000 people in North America and had sales of approximately $11.3 billion in 2005. For more information about BASF's North American operations, or to sign up to receive news releases by e-mail, visit www.basf.com/usa.
BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. As a reliable partner to virtually all industries, BASF's intelligent system solutions and high-value products help its customers to be more successful. BASF develops new technologies and uses them to open up additional market opportunities. It combines economic success with environmental protection and social responsibility, thus contributing to a better future. BASF has approximately 94,000 employees and posted sales of more than EUR 42.7 billion (approximately $50.4 billion) in 2005. Further information on BASF is available on the Internet at www.basf.com.