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Fineotex and EURODYE-CTC to collaborate

Sep 20, 2021
Fineotex and EURODYE-CTC to collaborate

Fineotex Chemical Limited and Eurodye-CTC have entered into a strategic collaboration so that they can commercialize specialty chemicals for the Indian market.  

After this tie-up, Fineotex is going to add specialised pre-treatment and dyeing products to its portfolio. It is also expected that Eurodye-CTC as a partner is going to bring the table cutting edge and specialised insight from the European perspective. They have a four-decade-long experience in research and development which will be used in this partnership.

This exclusive collaboration is going to allow an efficient production system and distribution network in the Indian textile market.  This collaboration will also allow technology transfers. Fineotex’s special technical services will also be capitalised by Eurodye-CTC.

According to Arindam Choudhuri, CEO, Fineotex Chemical Limited, the timings of this partnership are perfect as the PLI scheme for the textile industry has recently been approved by the Indian government which will give a push to the boosting production of man-made textiles and technical textiles. He also said that this partnership will be beneficial for the textile customers as well. He added that since the Indian textile industry is ecologically sensitive and is moving towards a greener and sustainable approach, everybody is of the opinion that the globally certified products of Eurodye-CTC will be highly demanded in the country. As a matter of fact, Eurodye-CTC has REACH registration, GOTS 6 certification, and Bluesign certification.

According to Michel Leclerc, Managing Director, Eurodye-CTC, the company is excited to have a competent partner like Fineotex. He feels that the entire range of the products of the company will perfectly blend into the sustainable textile value chain for India. As per Aarti Jhunjhunwala, Executive Director, Fineotex Chemical Limited, the two companies complement each other and this collaboration will make sure that these textile companies can procure their entire range of products and services from a single location. She also commented that as the textile industry has received a huge push from the government, the collaboration with Eurodye-CTC will allow the textile customers to be benefitted from products that have green chemistries. Fineotex has the aim to do the betterment of the planet and its people. Eurodye-CTC’s cutting-edge research department is known for its mindfulness for the environment. It also ensures maximum conservation of earthly resources.

Fineotex Chemical Limited

The company is a global leader of speciality chemicals that has its headquarters in Mumbai. It is a leading chemical producer and has recently diversified into growing home care and hygiene products.

Eurodye-CTC SA, Belgium:

It is a well-known European brand for the specialized textile auxiliary manufacturer. It has its impact in 60 countries and offers a wide selection of products those quality international quality standards including GOTS, Green Screen, REACH registration, and Bluesign. Such certifications give the customers’ confidence that the formulations are free from any harmful ingredients.

Source – Press release of "Fineotex"

Image Source: Press release of "Fineotex" 

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