Stavian Chemical acquires Turkish distributor Core Polymer

Hanoi, Vietnam – April 2025 -Vietnam-based Stavian Chemical, announced its acquisition of Core Polymer, a polymer distributor based in Türkey. This strategic acquisition is a significant milestone in Stavian Chemical’s expansion efforts, enhancing its global presence and strengthening its position in the plastics industry.

Mr. Tony Dinh Duc Thang, Chairman and CEO of Stavian Chemical, said that Core Polymer’s expertise and strong market presence in Türkey will complement Stavian’s  operations.

By combining Stavian Chemical’s extensive distribution network with Core Polymer’s strong market presence in Türkey, the company will be better positioned to meet the growing demand for polymers across various industries, not only in Türkey but also in the EU and Middle East markets. The acquisition will also enhance Stavian Chemical’s ability to provide a more diverse product portfolio, including environmentally friendly solutions such as recycled and bio-resins.

The global chemical distribution market is projected to reach $449.36 billion by 2031, growing at a CAGR of 6.3%. Stavian Chemical’s strategic expansion through acquisitions like this one positions the company to capitalize on this growth, driving innovation and sustainability in the industry.