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Fineotex Chemical and HealthGuard Australia to form JV

Jul 21, 2021
Fineotex Chemical and HealthGuard Australia to form JV

Mumbai

On July 19, Fineotex Chemical and HealthGuard Australia have entered into a joint venture. This will allow Fineotex to become the exclusive global sales and marketing channel partner with operations from Malaysia. 

The Joint venture will allow Fineotex to update its portfolio and add metal-free safety for its customers around the world with the needful global certifications. On the other hand, HealthGuard is going to focus on developing cutting-edge solutions that will be channelized and marketed across the world by its exclusive channel partner, Fineotex-Biotex. The synergy between the two companies will offer solutions that will bring the most durable metal-free sustainable chemistry, anti-viral, and antimicrobial sustainable chemistry in the market.

As the two companies will offer solutions related to textiles, this will help India to fight against the pandemic and stay at far with other developed countries. HealthGuard AMIC is 99.94% effective against killing influenza virus, coronavirus, and SARS. It remains active on the treated fabric for a long time.

According to Aarti Jhunjhunwala, Executive Director, Fineotex Chemical, due to Covid-19 a lot of importance is put on the treated and safe fabrics. She also added that this synergy shows the advancement that textile manufacturers will have to adopt so that the consumers are confident of their safety. As per Arindam Choudhuri, CEO, Fineotex Chemical, this synergy will add a crucial certified product line.

Source – My Iris

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