Resil signs agreement with NICCA for textile chemicals

At a ceremony signed in Fukui, Japan, the agreement was signed in the presence of Yasumasa Emori, president of NICCA, a leading Japanese specialty chemical company and MS Mohan, managing director of Resil Chemicals, a leading pioneer for textile finishing and auxiliary chemicals in India.

"It is Nicca's great honour to make partnership with Resil Chemicals Private Limited. This will create Synergy Effect for both of us," Emori said.

Nicca Chemical will grant an exclusive right to distribute its textile chemical products in India and Resil Chemicals will grant Nicca an exclusive right to sell its textile chemicals in countries like Japan, Korea, Taiwan, China, Vietnam, Thailand, Indonesia and the United States. As part of this business alliance, the two companies will start joint product development and marketing activities for innovative textile chemical solutions. The partnership will help both organisations to collaborate and market its innovations into unexplored markets.

"Resil is pleased and excited about the proposed alliance with Nicca Chemical Company Limited for marketing each other’s products," Mohan said.

"India is a leading textile market with a focus on cotton textiles. However, in recent years processing of synthetic textile products has been growing, and now India counts itself among the largest synthetic textiles markets in the world after China. NICCA Group has traditionally exported and sold textile processing chemicals on its own, however in line with the policy of strengthening sales in the Southwest Asia region in the medium-term management plan," Resil Chemicals said in a press release. (RR)

ALCHEMPro News Desk – India