LyondellBasell (NYSE: LYB) today announced that it has entered into a distribution agreement designating Polysaf Ltd., partJ of Tosaf Group, as its non-exclusive authorized distributor in Israel.
This collaboration reflects the LYB commitment to providing a high level of service and support to its customers in the Israeli market.
Under this new agreement, Polysaf Ltd., part of Tosaf Group, will serve as the primary point of contact for customers in Israel, with limited exceptions for some retained direct LYB customers as outlined in the contract. Customer inquiries, orders and commercial discussions can now be directed to Polysaf Ltd., part of Tosaf Group.
“We are pleased to work with Polysaf Ltd., a part of Tosaf Group, for a collaboration built on trust and a shared vision for serving the Israeli market. We are confident that this new distribution model will enhance our ability to deliver our high-quality products and provide exceptional support, creating solutions for everyday sustainable living alongside our customers,” said Rüdiger Klein, Vice President, Polyolefins Sales – Europe at LYB.
The arrangement covers the full range of LYB products for non-medical applications, including polypropylene commodities, polyethylene commodities, polypropylene specialties, polyethylene specialties and polypropylene compounds. The agreement excludes medical application fields.
Amos Megides, chairman of Tosaf Group, stated, “Polysaf is proud to join forces with LYB to develop, expand and support the Israeli plastics customers. This distributorship represents a significant opportunity for our group and we are confident that the broad LYB product portfolio will contribute to the continued success of local manufacturers and processors across the country.”
LYB thanks Polysaf Ltd., part of Tosaf Group, for this collaboration and looks forward to continued success together in serving the Israeli market. The company appreciates LYB customers’ understanding and cooperation during the transition to this new distribution model.