The Plaza Group (TPG) is pleased to announce the recent signature of an exclusive agreement with Mexico-based Quidesa (Quimicos y Derivados SA) to market product in the US. The multi-million dollar contract, a culmination of two years of work with Quidesa management, will allow TPG to import and market products including natural sodium sulfonates, white mineral oils and petrolatum in the United States.
TPG President Randy Velarde commented on the new agreement, saying, “I am particularly pleased to add Quidesa to our supplier portfolio. This diversification represents our first opportunity to market for a Mexican supplier. I see tremendous opportunity in the production coming out of Mexico, and I think this is just our first step in our strategic efforts to bringing more of those products into the US market.”
Angel Sanchez, general manager of Quidesa added, “We chose TPG to help us gain a broader US market for our products because of their strong relationships and their technical knowledge of our products and their markets. We think they are the right choice to help us accomplish our mission of fulfilling our clients specifications and expectations while providing a competitive price and on-time delivery.”
Since 1962, Quidesa has been a major producer of sulfonates, petrolatum jellies and white mineral oils. Based in centrally located Guanajuato, Mexico, Quidesa has effectively served the entire Mexican Republic from this strategic location. Today, it also exports a substantial share of its total production which is estimated at 1.6 million kilograms per month.