For more than two years, Chemgo has built up the supply of 2-Methyl Tetrahydrofuran (2-MeTHF) for European customers, through stocks of drummed material and directly with FCL and bulk shipments. The product is of Chinese origin, manufactured by Shandong Yino Biologic Materials Co., Ltd.
Even during times of collapsing global shipping markets
successfully managed to satisfy all customer requirements. This was possible
due to CHEMGO’s proactive risk management, the strong and transparent
collaboration with customers and a conservative stock management.
Yino and Chemgo have now signed an official agency agreement, covering the representation of their 2-MeTHF business within Europe. This will allow Chemgo more flexibility and to satisfy customer requirements with a long term perspective.