OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
THE WOODLANDS, Texas, Feb. 28, 2017 -- Nexeo Solutions, Inc. (NASDAQ:NXEO), a leading plastics distribution company, announced that it has entered into an agreement with German-based K.D. Feddersen to acquire inventory and to serve customers currently provided with DSM products from K.D. Feddersen Norden AB in the Nordic region.
This agreement has DSM’s support and reflects Nexeo Solutions’ continued focus and commitment to optimize service and enhance their strategic position in the Nordic region. Nexeo Solutions has recently expanded its local team in the region to better position the Company for growth in this area.
“We see a lot of development opportunities in the Nordics with DSM’s growing product line card,” said Nexeo Solutions’ Senior Vice President of Plastics, Shawn Williams. “We believe these new customers will be pleased with Nexeo Solutions’ project development service and expertise that comprehensively addresses all key applications for engineered plastics.”
“We congratulate our strategic partner Nexeo with this key milestone. This expansion in the Nordics offers our joined customers increased reach, proximity and best in class service,” said Joost d’Hooghe, Commercial Director DSM Engineering Plastics.
This transition of the customers from K.D. Feddersen to Nexeo Solutions is expected to be completed on or before April 3, 2017.
About Nexeo Solutions, Inc.
Nexeo Solutions is a leading global chemicals and plastics distributor, representing products from world-class producers to a diverse customer base. From product specification to sustainable solutions, the Company goes beyond traditional logistics to provide value-added services across many industries, including chemicals manufacturing, oil and gas, coatings, personal care, healthcare, automotive and 3D printing. The Company leverages a centralized technology platform to identify efficiencies and create solutions to unlock value for suppliers and customers. Learn more at www.nexeosolutions.com.
For Further Information Please Contact Media Relations, Nexeo Solutions Tel: +1.281.297.0851, [email protected] Investor Relations, Nexeo Solutions Tel: +1.281.297.0856, [email protected]
