"Soudal Group" continues expanding its presence in Kazakhstan's market

Turnhout, Belgium, November 10, 2021 – Ambassador Margulan Baimukhan visited the plant for the production of sealants and adhesives of the «Soudal Group», which has been a Belgian family business in the field of construction chemicals since 1966.

During the meeting with the President of the company D.Coorevits and the Director for Central, Eastern Europe and Asia P.Drzewowski, the current state and prospects of expanding the presence of the Belgian company in Kazakhstan were discussed. Today, «Soudal Group» already has a trade office in Nur-Sultan, «Soudal Kazakhstan LLP» and a distribution network. This year a warehouse was opened in Almaty and Nur-Sultan.

According to the Belgian side, the company intends to actively cooperate and plans to expand its presence in the Kazakh market. So, in 2022, it is expected to open representative offices in the west of Kazakhstan.

Discussing the prospects for cooperation, President D.Coorevits gratefully accepted the invitation and confirmed the company’s participation in the Roundtable «Kazakhstan - Belgium - Luxembourg: prospects for trade, economic and investment cooperation», which will be held at the end of November 2021 in Brussels.

The Soudal Group, a leading manufacturer of silicones and other sealants, polyurethane foams, adhesives, hybrid polymers, technical aerosols and chemical building products, operates in 140 countries, has 19 factories on 5 continents, sales offices in 45 countries and more than 3,000 employees worldwide. The company focuses on 3 market segments: construction, industry and retail.

The company’s turnover in 2020 was 911 million euros. According to forecasts for the current year, the company’s turnover will amount to over 1 billion euros.