Sontara® Announces Partnership with Tzuriel to Strengthen Brand Presence in Latin America
Glatfelter Corporation (NYSE: GLT) has announced a growing partnership with Tzuriel, a Brazilian importer and exporter of specialty products, to advance the Sontara® brand in Latin America. Tzuriel will support Sontara®'s sales and distribution efforts in South America, leveraging its well-established network and logistics capabilities. The collaboration aims to deliver exceptional customer service in Portuguese, Spanish, and English languages, reflecting Glatfelter's commitment to innovation and excellence.
The partnership between Glatfelter Corporation and Tzuriel in distributing the Sontara® brand in Latin America is a strategic move that could potentially expand Glatfelter's market share in the region. The collaboration leverages Tzuriel's established network and logistical prowess, which may lead to improved distribution efficiency and customer reach for Sontara® products. A key factor to consider is how effectively Tzuriel can penetrate the market with Sontara®'s specialized materials, given the competitive landscape and the demand for engineered materials in Latin America.
Furthermore, the emphasis on customer service in multiple languages indicates a tailored approach to different markets, potentially leading to higher customer satisfaction and loyalty. This customer-centric strategy could differentiate Sontara® in a market where service quality is as critical as product quality. The long-term success of this partnership could hinge on the ability to maintain high service standards while scaling operations across the diverse Latin American market.
The announcement of the partnership is likely to be viewed positively by investors and could have a favorable impact on Glatfelter's stock performance in the short term. Investors typically respond well to expansion strategies that promise to unlock new revenue streams and enhance brand presence. However, it's essential to consider the financial implications of entering a new market, including the costs associated with logistics, marketing and potential barriers to entry.
Moreover, the financial health of Tzuriel and the stability of the Latin American market will be important factors in assessing the risk associated with this venture. Investors will be looking for signs of sustainable growth and profitability from this partnership, such as increased sales volume and market penetration rates. An analysis of the projected return on investment and the time frame for expected returns would provide a more comprehensive understanding of the financial impact of this partnership.
The collaboration between Glatfelter and Tzuriel underscores the importance of a robust supply chain and logistics network in global expansion efforts. Tzuriel's commitment to utilizing its existing network for the distribution of Sontara® materials suggests a strategic use of resources that may streamline the supply chain process. The ability to provide customer service in Portuguese, Spanish and English is not only customer-friendly but also a reflection of an adaptable and responsive supply chain that caters to local market nuances.
However, the success of this supply chain integration will depend on the alignment of both companies' operational standards and the harmonization of their logistics systems. Potential challenges include managing cross-border trade complexities and ensuring compliance with regional regulations. The agility of the supply chain to respond to market demands and potential disruptions will be a critical factor in the partnership's overall effectiveness and efficiency.
01/30/2024 - 09:00 AM
CHARLOTTE, N.C., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, is pleased to announce its growing partnership with Tzuriel, a distinguished importer and exporter of specialty products based in Pinhais, Brazil. This collaboration marks a significant step in advancing the Sontara® brand in Latin America.
Tzuriel, known for its extensive experience and technical expertise in various specialty markets, will be supporting Sontara® 's sales and distribution efforts in South America. The partnership includes the distribution of Sontara® materials across the region, tapping into Tzuriel's well-established network and logistics capabilities.
A distinctive feature of this collaboration is Tzuriel's commitment to delivering exceptional customer service in Portuguese, Spanish, and English languages. This customer-centric approach ensures Sontara® customers in the Latin American region receive personalized and efficient support.
“Tzuriel's proven expertise aligns closely with our commitment to innovation and excellence,” said Patricia Sargeant, Vice President of Global Sales and Customer Service for Glatfelter. “This collaboration is a testament to Glatfelter's dedication to fostering growth and delivering value to our global customers. We are excited to partner with Tzuriel to deliver quality products and excellent service in Latin America that is associated with Glatfelter and the Sontara® brands."
“Building a strong business relationship is key to a successful partnership that will generate mutually beneficial results for both companies,” said Brayan Udo Zwiener, Head of Sales in Latin America for Tzuriel. “We are dedicated to providing the time and attention to understanding the needs of Sontara® customers and delivering excellent service and support.”
Caution Concerning Forward-Looking Statements
Any statements included in this press release that pertain to future financial and business matters are “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. The Company uses words such as “anticipates”, “believes”, “expects”, “future”, “intends”, “plans”, “targets”, and similar expressions to identify forward-looking statements. Any such statements are based on the Company’s current expectations and are subject to numerous risks, uncertainties and other unpredictable or uncontrollable factors that could cause future results to differ materially from those expressed in the forward-looking statements. The risks, uncertainties and other unpredictable or uncontrollable factors are described in the Company’s filings with the U. S. Securities and Exchange Commission (“SEC”) in the Risk Factors section and under the heading “Forward-Looking Statements” in the Company’s most recently filed Annual report on From 10-K and Quarterly Reports on Form 10-Q, which are available on the SEC’s website at www.sec.gov . In light of these risks, uncertainties and other factors, the forward-looking matters discussed in this press release may not occur and readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements speak only as of the date of this press release and the Company undertakes no obligation, and does not intend, to update these forward-looking statements to reflect events or circumstances occurring after the date of this press release.
About Glatfelter
Glatfelter is a leading global supplier of engineered materials with a strong focus on innovation and sustainability. The Company’s high-quality, technology-driven, innovative, and customizable nonwovens solutions can be found in products that are Enhancing Everyday Life®. These include personal care and hygiene products, food and beverage filtration, critical cleaning products, medical and personal protection, packaging products, as well as home improvement and industrial applications. Headquartered in Charlotte, NC, the Company’s 2022 revenue was $1.5 billion . As of September 30, 2023, we employed approximately 2,980 employees worldwide. Glatfelter’s operations utilize a variety of manufacturing technologies including airlaid, wetlaid and spunlace with fifteen manufacturing sites located in the United States, Canada, Germany, The United Kingdom, France, Spain, and the Philippines. The Company has sales offices in all major geographies serving customers under the Glatfelter and Sontara® brands. Additional information about Glatfelter may be found at www.glatfelter.com .
Contacts: Investors: Media: Ramesh Shettigar Eileen L. Beck (717) 225-2746 (717) 225-2793
What is the ticker symbol for Glatfelter Corporation?
The ticker symbol for Glatfelter Corporation is GLT.
What is the nature of the partnership between Glatfelter Corporation and Tzuriel?
The partnership aims to advance the Sontara® brand in Latin America, with Tzuriel supporting sales and distribution efforts in South America.
What regions will Tzuriel support Sontara®'s sales and distribution efforts?
Tzuriel will support Sontara®'s sales and distribution efforts in South America.
What languages will Tzuriel provide customer service in?
Tzuriel will provide customer service in Portuguese, Spanish, and English languages.
