Fineotex Chemical creates JV with biotech solutions provider HealthGuard
Fineotex Chemical Limited, an Indian specialty chemical producer, has forged a joint venture (JV) agreement with biotech solutions provider HealthGuard Australia.
The Indian firm will become the exclusive global marketing and sales channel partner of HealthGuard Australia with joint operations from Malaysia.
With the partnership, Fineotex Chemical will add metal-free safety to its portfolio to serve customers globally with all the necessary global certifications.
HealthGuard will focus on developing cutting-edge solutions which will be marketed and channelized around the world by Fineotex-Biotex, its exclusive channel partner for the full variety of products over various industries such as textile, leather, detergent, and allied industries.
The synergy between HealthGuard and Fineotex-Biotex will offer solutions that are the most durable metal-free sustainable chemistry with no silver, no zinc, no copper, anti-microbial as well as anti-viral sustainable chemistry in the market.
Arindam Choudhuri – CEO of Fineotex Chemical Limited said: “The synergy with HealthGuard will add a crucial certified product line to our growing range of solutions and expand our global footprints.
“Protected and treated fabrics that are breathable, comfortable, and easy-to-care are going to increase in demand.
“As India and the world opens up gradually, just about everyone from students to factory workers, from tourists to staffers in the hospitality industry, will need to put on protected garments that can bring down the chances of them getting infected by the virus.”