Telko - Solutions that matter
Telko is a chemical solutions partner. We help our customers to get the best materials and technical expertise to create sustainable success in various industries. Local service and close partnerships with leading global principals ensure reliable access to quality materials.
Our history goes back nearly 120 years, and today we are about 350 experts in 18 countries and net sales of 280 million euros.
Telko is a part of Aspo, listed on Nasdaq Helsinki.
Essential Solutions
In Essential Solutions, we:
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serve large industrial customers by distributing volume chemicals and
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act as a long-term partner in mobility lubricants.
The business unit focuses on higher value-added services, improving synergies and operational excellence.
Advanced Materials
In Advanced Materials, we:
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provide customers with raw materials, additive solutions and related technical expertise for industrial applications,
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offer process development and analytical services.
The business unit brings together all specialty products represented by Telko under the same umbrella, serving customers in various industries, including healthcare, packaging and machinery.
History and present day
The company was established in 1908 under the name “Metalliteollisuuskonttori” (Finnish for metal industry office). Telko's roots are deep in the Finnish industry – the name comes from the historical Suomen Teollisuuskonttori, which was established in 1917 and specialized in the importing of coal and coke.
Present-day Telko was born in 2008 in the fusion of Aspo Chemicals and Kauko-Telko into Aspo, of which Telko is a subsidiary. The new company has since then become one of the leading distributors in selected markets.
History
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1908
The establishment of Metalliteollisuuskonttori by well-known mechanical engineering companies.
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1917
Suomen Teollisuuskonttori is established, importing coal and coke among other products.
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1936
Adoption of the name Telko.
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1937
Good Year car tyre and technical plastics sales begin.
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1965
1960-1970s: Hardware store operations.
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1977
First storage tank in Rauma chemical terminal is established.
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1978
Starckjohan becomes major shareholder in Telko.
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1989
Starckjohann-Telko is listed on the Helsinki stock exchange.
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1994
The chemicals business grows, Aspokem is established.
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1995
Subsidiaries established in Estonia, Latvia and Lithuania.
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2000
Telko's business operations sold to Kaukomarkkinat.
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2001
2000-2004: Subsidiaries established in Russia and Ukraine.
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2008
Aspo acquires Kauko-Telko. Aspo Chem and Telko raw material business merged. The new Telko concentrates on plastics and chemicals.
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2010
Subsidiaries established in China and Belarus.
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2011
RTS (Rauma Terminal Services) is established.
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2012
A subsidiary is established in Kazakhstan and a sales office in the Czech Republic.
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2015
Subsidiary established in Caucasus.
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2018
Telko turns 110 years. Telko Ltd acquires the business of the Danish company Square Oil A/S.
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2019
Telko Ltd acquires the business of the Danish company H H Plastkombi A/S. Subsidiary established in Romania.
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2020
Telko acquires a Swedish company ILS Nordic AB and its subsidiary Autolubes Nordic AB.
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2022
Telko acquires an Estonian Castrol lubricants distribution company Mentum AS.
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2023
Telko exits Russia. Telko acquires a Polish chemicals distribution company Eltrex.
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2024
Telko grows through acquisitions. In 2024 Telko acquires:
- The entire share capital of Swed Handling AB including its subsidiaries Kebelco AB, Kemiverken AB, Swed Handling Transport AB and the associated company CrossChem Sweden AB.
- Telko expands its plastics business to Western Europe through an acquisition of Polyma Kunststoffe GmbH & Co KG in Hamburg, Germany. The acquired company is a distributor of well-known engineering plastics.
- Telko acquires industrial lubricants distribution companies Optimol Tribotechnik SA (BE), Optimol Netherlands BV (NL), Optimol France SAS (FR) and Greenfluid SAS (FR).
