Fineotex Chemical has formed a strategic alliance with Eurodye-CTC of Belgium in order to commercialise specialised chemicals for the Indian market.
With this exclusive tie-up for the Indian region, Fineotex will add specialised pre-treatment and dyeing products for cotton-synthetic and woollen fibre / fabric / yarn to its portfolio, complementing Eurodye-existing CTC’s Indian business operation with several well-known corporate accounts for their highly specialised products.
Shares of Fineotex Chemical fell 0.8% to settle at Rs 124.50 yesterday, 15 September 2021. Eurodye-CTC as a partner brings to the table cutting-edge and specialised insight from the European perspective, due to their deep four-decade-long experience in research and development. The exclusive collaboration will facilitate an efficient production system and distribution network across the Indian textile market.