Terra Industries arm inks ‘Distribution Pact’ with Brenntag

Terra Industries Inc. has informed that Terra Environmental Technologies Inc. (TET), a wholly owned Terra subsidiary, has signed an exclusive distribution agreement with Brenntag North America (Brenntag).

Pennysylvania-based Brenntag North America, is a part of the Brenntag Group, the global leader in the growth market for the distribution of industrial and specialty chemicals.

Under terms of the agreement, Brenntag will be the exclusive national distributor of TET's diesel exhaust fluid (DEF) TerraCair(TM) for the on- and off-road diesel motor application market in the U.S. and Canada, and TET will be the exclusive supplier of DEF to Brenntag.

TET will supply TerraCair to U.S. and Canadian customers from a number of plant locations directly and through Brenntag's distribution channels.

TerraCair is an ultra pure, nitrogen-based urea solution that helps clean the air by reducing harmful emissions from the exhaust stream of diesel engines.

The Scrip of Terra Industries ended the day at $14.36 on NYSE, down 10% compared to previous close of $ 15.90. (Monday)
 

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