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Eastern European Markets

NEWS RELEASE
October, the 11th 2010

Telko first safety and quality assessed chemical industry distributor in Russia

Telko Ltd, part of Aspo Group, is the first SQAS ESAD assessed distributor in the chemical industry in Russia. SQAS, Safety and Quality Assessment System, is a European-wide impartial assessment system for distributors in the chemical industry, developed by CEFIC, the European Chemical Industry Council, in co-operation with FECC, the European Association of Chemical Distributors.

"It is an honor to be the first SQAS ESAD assessed company operating in Russia. Our customers and clients have shown a positive response to the news, and we will continue to develop our operations," comments Kalle Kettunen, Telko's CEO.

The SQAS ESAD assessment considers health, safety, environmental, and quality issues. According to Kettunen, the assessment also acts as a risk management tool.

"The common European ESAD assessment aims to decrease the need of companies to their own overlapping assessments for selecting business partners," he says.

Telko is an expert company in plastic raw materials and industrial chemicals, and its strategy is to act as a reliable link between companies manufacturing plastic raw materials and chemicals and the companies using them.

"Our objective in Russia is to continue profitable growth, and later this year, we will open two more offices in major Russian cities," Kettunen says.

The company's suppliers include the best-known manufacturers of plastic raw materials and chemicals in the industry, such as ExxonMobil Chemical, BASF, EMS, and Total Petrochemical. Our extensive customer service and various tailored added-value services also cover technical support and the development of production processes.

The assessment of Telko's Finnish and Russian operations was carried out by the consultancy firm Antero von Bagh.

SQAS - Safety & Quality Assessment System, www.sqas.org
ESAD - European Single Assessment Document, www.sqas.org/esad
CEFIC - The European Chemical Industry Council, www.cefic.be
FECC - The European Association of Chemical Distributors, www.fecc.org

About Telko:
Telko is an international expert and supplier of industrial chemicals and
plastic raw materials. In 2009, Telko's net sales were EUR 129 million, and the
company employed 190 professionals in 12 countries. Telko is one of Aspo Group's
strong company brands. www.telko.com.

About Aspo:
Aspo is a conglomerate that owns and develops business operations in the Baltic
Sea region focusing on demanding B-to-B customers. Our strong company brands -
ESL Shipping, Leipurin, Telko and Kaukomarkkinat - aim to be the market leaders
in their sectors. They are responsible for their own operations, customer
relationships and the development of these. Together they generate Aspo's
goodwill. www.aspo.com

For further information, please contact:
Kalle Kettunen, CEO, Telko Ltd, phone
+ 358 40 558 5478,
kalle.kettunen(at)

www.telko.com.
www.aspo.com


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