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Sunhu
USA LLC
specialty chemicals
West Lafayette, Indiana
Mark D. Cisneros came to the Greater Lafayette Small Business Development Center
in October of 2004 to ask about local banks servicing international trade transactions
for his company, Sunhu USA LLC.
Sunhu imports specialty chemicals. At Sunhu, they understand relationship building
is the basis for foreign trading activities. They have established strong partnerships
in China and in the U.S., which enables a strong chemical trade pipeline. Their
products serve unique niche markets internationally, mainly focusing on specialty
fluorocarbons. They also have the ability to source other specialty chemical
intermediates, including pharmaceuticals and fine chemicals.
Susan Davis, Regional SBDC Director, introduced Sunhu to several banks that could
write import letters of credit. Susan and Mark had some great discussions with
the banks that were interested in import deals with China.
One of Sunhu’s potential Chinese suppliers came to visit in December, and
the Greater Lafayette SBDC assisted with the itinerary for the visit. As a result
of the visit, Sunhu was able to access an additional 20 chemicals for their product
line. Sunhu and their guests were pleased with the assistance and ultimately
closed an exclusive agency contract. Sunhu anticipates that the contract has
the potential to generate $16 million in revenue over the next two years.
“The SBDC was critical in quickly delivering valuable local resources to
aid in our ongoing relationship building process,” Cisneros says.
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All opinions, conclusions or recommendations expressed are those
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