- Brenntag signed an exclusive distribution agreement with Henan Yongchang for nitric acid in Australia and New Zealand.
- Henan Yongchang produces nitric acid and nitrate derivatives for agriculture, mining, and industrial applications.
- The agreement enhances Brenntag's supply access and competitiveness in the region.
- Henan Yongchang is a leading nitric acid exporter based in Huixian City, Henan Province, China.
Agreement Overview
Brenntag has entered into an exclusive distribution agreement with Henan Yongchang Nitro Fertilizer Co., Ltd. for the supply of nitric acid in Australia and New Zealand. This partnership aims to enhance Brenntag's supply chain and competitiveness in these markets.
Henan Yongchang's Capabilities
Henan Yongchang, based in Huixian City, Henan Province, China, is a well-established chemical producer. The company specializes in manufacturing both dilute and concentrated nitric acid, along with a variety of nitrate and nitrite derivatives used in sectors such as agriculture, mining, and industrial applications.
Strategic Benefits
The agreement supports Brenntag's growth strategy by expanding access to Henan Yongchang's nitrate derivatives portfolio, including potassium nitrate, sodium nitrate, and aluminum nitrate. This expansion creates additional opportunities to support customers across essential industries in Australia and New Zealand.
Future Prospects
Both companies see this collaboration as a first step towards a broader partnership, with potential to extend cooperation across Southeast Asia. Henan Yongchang's purified grade nitric acid is expected to further strengthen support for customers in the electronics industry.
