June 1, 2022

Together with Foster Corporation, MedNet becomes a distribution partner in Europe for Arkema's high-performance polymers for medical applications. Part of the agreement are the Pebax� MED, Rilsan� MED, Rilsamid� MED, Rilsan� Clear MED and Kynar� med product lines. From July 1, 2022, MedNet Arkema will be represented in all countries in Europe, the Middle East and Africa. Foster Corporation, already Arkema's main distribution partner for polymers in North America and Asia, will continue to be represented in Europe by MedNet. MedNet will use its sales channels and market position in Europe and provide its customers with the advantage of a single, local point of contact for the extensive portfolio of Fosters compounds and Arkema's high-performance polymers.� Building on our long-standing and successful collaboration with Foster Corporation, we are looking forward to deepening relationships and expanding sales activities to medical polymers through the partnership with Arkema. Based on our extensive market knowledge and experience as well as our long-standing customer relationships, we are able to optimally support the success of all parties involved and offer our customers the best possible service,� comments MatthiaSheinz, Managing Director at MednetFrancois Ruas, Health & Beauty Global Market Manager at Arkema, adds: �We are delighted to expand our relationships with MedNet and Foster. This sales partnership and the resulting expertise in the medical market will help Arkema successfully expand our business in Europe, particularly for the bio-based Rilsan� MED polyamide 11 and our flagship Pebax� MED elastomers.� Larry Johnson, President of Foster Distribution, is also pleased with the expansion of existing relationships: �MedNet's experience in the European healthcare market is second to none. MedNet will use this experience, together with Foster's expertise, to develop new business opportunities in the Arkema medical products region. In addition, we can assure European customers of Arkema �MED� products that Foster and MedNet will work closely together to ensure a smooth transition and continue their proven, outstanding customer service.� Foster and Arkema have long had a successful partnership to market and distribute Arkema's �MED� products for critical medical applications in North America and Asia. Now, the reach of this partnership is being expanded with the addition of MedNet.

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