Evonik Selects ChemPoint as Exclusive Omega-3 Product Distribution Partner
- 23-Aug-2024 11:24 AM
- Journalist: Jacob Kutchner
ChemPoint LLC, a subsidiary of Univar Solutions LLC, and Evonik, a leading specialty chemicals company, have announced their new partnership. Evonik has chosen ChemPoint to handle the sales, marketing, and exclusive distribution of its AvailOm omega-3 powders in the United States.
"We are thrilled to team up with Evonik," said Austin Nichols, President of ChemPoint. "The increasing focus on preventive health and wellness makes this partnership especially timely. AvailOm’s superior delivery of omega-3 nutrients combined with ChemPoint’s expertise in specialty ingredients is a perfect fit."
AvailOm is an advanced omega-3 lysine complex, derived from microbial fermented lysine and sustainably sourced marine fish and algae. It boasts a 50% concentration of eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) in free fatty acid form. This powder offers higher bioavailability and greater stability compared to traditional omega-3 products on the market.
Mohammed Rahman, Head of Americas at Evonik Health Care, expressed enthusiasm about expanding their partnership with ChemPoint. "Their business model and extensive market reach will help us meet the rapidly evolving needs of today’s market. We look forward to leveraging ChemPoint’s digital capabilities to enhance our presence in the U.S."
Omega-3 fatty acids are well-known for their benefits to cardiovascular and brain health. Unlike typical soft gel fish oil capsules, AvailOm’s powdered form addresses several formulation challenges. It offers improved oxidation resistance, longer shelf-life stability, better flow and compressibility, and eliminates fish odor reflux. Additionally, it boasts superior solubility and up to five times higher bioavailability compared to standard omega-3 soft gels.
While Evonik will continue to innovate and provide advanced solutions to the nutritional market, ChemPoint will leverage its agility, expertise, and extensive reach to enhance penetration, service levels, and overall customer experience for Evonik’s omega-3 products. This partnership is set to advance the availability and effectiveness of omega-3 supplements in the U.S. market, benefiting consumers and expanding the impact of these essential nutrients.
Evonik stands as a global leader in specialty chemicals, operating in over 100 countries. In 2023, the company achieved sales of €15.3 billion and an adjusted EBITDA of €1.66 billion. Evonik excels in delivering innovative, profitable, and sustainable solutions, extending its impact beyond traditional chemistry to meet the diverse needs of its customers.
ChemPoint LLC, a subsidiary of Univar Solutions LLC, is a distinctive distribution company specializing in marketing and sales for specialty and fine chemicals across North America, Europe, and Latin America. The company forms exclusive partnerships with leading manufacturers to offer customized solutions, serving over 90 supplier partners and managing more than 200 product lines worldwide.
Univar Solutions is a top global distributor of specialty chemicals and ingredients, showcasing a premier portfolio from leading producers worldwide. Equipped with the industry's largest private transportation fleet, a highly skilled technical sales team, and extensive logistics expertise, the company excels in market and regulatory insights, formulation and recipe development, and advanced digital tools. Univar Solutions is ideally positioned to deliver customized solutions and value-added services across various markets and applications.