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Metadynea Trading, Managed by Seyfeddin Roustamov, Sets up a Warehouse, Allowing to Deliver Hexamine to American Consumers within 72 Hours

Following its strategy to become closer to the customer, Metadynea Trading is setting up a buffer storage in Michigan with capacity of several hundreds of tons, which will allow performing delivery to customers at 72 hours notice.


News provided by

Metafrax

Jan 15, 2018, 01:42 ET

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PERM, Russia, Jan. 15, 2018 /PRNewswire/ -- First delivery will be performed to Sumitomo Bakelite at the beginning of 2018.

As per Alexander Maksimov, hexamine trader, this step will considerably increase Metafrax footstep on the US market and will allow to use much more efficient supply chain, shortening lead time from the plant to the consumer from several weeks to several days, delivering product just in time.

Metadynea Trading, a trader with its headquarters in Switzerland, is involved in sales of chemical products (methanol, hexamine, pentaerythritol). The annual revenue of the company is over US$ 100 million. Current company's customers portfolio includes leading world companies such as Akzo Nobel, BASF, Dow Chemical, Eastman Chemical, Kraton.

As reported earlier, in 2018-19, the company's shipments on the US market will increase up to 3 thousand tons or over US$ 2.5 million. The expansion of deliveries will be possible due to the market launch of a new fine chemicals product – micronized hexamethylenetetramine (hexamine).

The trial delivery of the commercial batch of the micronized product has already been carried out to one of America's largest producers of compounds. The product may be of interest to the suppliers of materials for the aircraft industry, industrial resins and crop protection agents.

Metadynea Trading is a part of Metafrax group of companies, one of the largest producers of methanol and formaldehyde in Russia and Europe. Majority shareholder of PJSC Metafrax is Russian company MetaHolding, which is controlled by Seyfeddin Roustamov.

Seyfeddin Rustamov is an energy and chemicals industry professional, developer, investor and philanthropist. Since 2000, he has been actively involved in chemical and petrochemical industry trade, oil and gas projects, investments in energy funds and commercial and residential real estate.

Hexamine is a chemical product used in a number of industries such as production of industrial resins, industrial rubber goods, explosive materials, fuel tablets and means of chemical treatment for mineral fertilizers.

Mariya Konovalova
PR Manager
Metafrax
9024759115
[email protected]

This release was issued through WebWire(R). For more information visit http://www.webwire.com.

SOURCE Metafrax

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