AXXA COMPANY - COPEC
Since 2015 there has been a joint venture with Compañía de Petróleos de Chile COPEC, the primary fuel and lubricant distribution company in Chile. Its sales force allows it to be present in the most diverse and complex industries in the market, aviation, electricity generation, mining, fishing, and transportation, through services and products that allow satisfying the specific requirements of each one of them.
These specific requirements are what make this alliance a strategic agreement. AXXA Chemicals contributes with its experience and uniqueness in producing solvents in Chile, while COPEC contributes to the distribution and brand positioning.
Thanks to the management of this business and the new contracts, the company already exceeds 70% of the total market share of mining solvent, which is a great merit.
In turpentine, whose introduction is a challenge for the company, a market share of over 60% is achieved.
This partnership seeks to take advantage of any synergy between the two groups; for example, an agreement was reached with EMOAC, a subsidiary of Copec, for the use of 100% renewable electricity in production.