Schmidt and Agility Launch Dry Bulk Supply Chain Joint Venture

DUBAI, United Arab Emirates – December 16, 2011 – Agility, a leading global logistics provider, and Schmidt Heilbronn, a leading European dry bulk chemicals logistics provider, today launched SAMEL, a joint venture. This partnership will address the sharply increasing need – especially across the Middle East – for dry bulk solutions on the back of rapid growth in chemical manufacturing in the region.

The joint venture combines Schmidt Heilbronn’s specialized expertise in bulk polymer logistics with Agility’s global logistics network, strength in emerging markets and in-house chemicals specialty. SAMEL’s focus will be on the Middle East and other major developing economies around the world.

The collaboration brings to the market - and to its customers - a complete package from design and construction to ongoing supply chain management, operations and dry bulk transport.

“Schmidt and Agility are delivering the right solution to the market at the right time,” said Andrew Jackson, President and CEO, Agility Chemicals. “We now have everything we need under one roof to meet customer needs across the Middle East and beyond – including tailored financing packages, turnkey construction and modern, reduced carbon footprint freight methods.”

“This venture brings together a unique blend of experience and technical knowledge,” said Wolfgang Hoppmann, CEO, SAMEL. “The degree of success with which our two companies have worked together is a tremendous platform for Schmidt and Agility as we look to the future and to the massive opportunity we see both in the Middle East and across emerging markets generally.”

The companies have previously worked closely on the massive Shanghai Logistics Hub project, one of the biggest facilities of its kind in China.

About Agility

From its roots in emerging markets, Agility brings efficiency to supply chains in some of the globe’s most challenging environments, offering unmatched personal service, a global footprint and customized capabilities in developed countries and emerging economies alike. A publicly traded company, Agility is one of the world’s leading providers of integrated logistics with close to $6 billion in annual revenue and more than 22,000 employees in 550 offices across 100 countries.

For more information about Agility, visit www.agilitylogistics.com.

About Schmidt

The Karl Schmidt group has grown into one of the leading logistics providers for dry-bulk products in Europe. With 32 locations, 1,400 employees and a fleet of more than 800 trucks with approximately 5,000 containers, the company is represented at all major polyolefin production sites across Europe

Schmidt offers a full range of services, including transport, storage and handling of dry-bulk products. The service starts from the receipt of material from production facilities and finishes with delivery to the end-users.

Based on an excellent knowledge of bulk products and many years of practical experience, Schmidt logistics experts are able to fulfill all the requirements expected from a logistics service provider with core competence in transport organization, storage, planning and operation of logistics complexes, outsourcing and logistics consulting.