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CREMER ERZKONTOR, the international raw material management company from Germany, recently opened a new subsidiary in Asia, in Chennai/IN. This move gives the company a new point of contact, from which it can serve its Indian customers and suppliers even better going forward. In addition to expanding the trading business locally, the office will help with accessing new raw materials and sources.

Subsidiary Director Ananthanarayana Nonavinakere will take care of supplying the Indian customers with raw materials and expanding the customer roster. After Hong Kong, Dalian and Beijing, Chennai is now the fourth CREMER ERZKONTOR location in Asia, underlining the important role that Asia plays in international raw material supply.

Furthermore, Possehl Erzkontor GmbH & Co. KG becomes CREMER ERZKONTOR GmbH & Co. KG. With the shareholder decision and entry in the German Commercial Register, it’s official. This step is part of the Road#2024PLUS strategy and transformation launched three years ago. With the name change, Erzkontor draws closer to the Hamburg family company CREMER, which acquired the shares of this Lübeck-based raw materials trader in 2014.

“We decided that the right time had come to underline ERZKONTOR’s affiliation with the CREMER company network. We are proud of our joint success story since acquiring ERZKONTOR ten years ago. This renaming creates transparency and the basis for continued shared growth. In the coming years we will benefit even more from each other with a coordinated strategy,” said Dr Ullrich Wegner, CEO of Peter Cremer Holding, Hamburg.

With the renaming to CREMER ERZKONTOR the over 100 year history of Possehl Erzkontor now enters a new chapter. Nils Fleig, Director of CREMER ERZKONTOR: “The name change is a statement. The road we’re on takes us from being purely a raw materials trader to managing the supply of raw materials for our customers. In addition to logistics services, this includes the further processing and recycling of these materials in our own facilities. The CREMER name stands not just for international trade and logistics, but also for the refinement of products and for an extraordinary worldwide network; it’s a perfect fit.”

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