Singapore's Dhampur signs etac distribution deal with Bloomchemag

04 December 2013 10:49 Source:ICIS News

SINGAPORE (ICIS)--Singapore-based Dhampur International has entered into a distribution agreement with Belgium’s Bloomchemag to market Dhampur’s ethyl acetate (etac) in Europe, the companies said in a joint statement on Wednesday.

“We are keen to expand our reach in Europe, which is the largest deficit market for ethyl acetate globally, said Mukul Sharma, general manager of Dhampur.

“With growing demand for this green solvent for coatings, food packaging and pharma sectors, we believe Dhampur with advantaged feedstock will be able to serve the exports markets on a sustainable basis,” he added.

Bloomchemag will also provide marketing, sales and distribution support for Dhampur’s other line of products, according to the joint statement.

Dhampur manufactures all of its products such as sugar, ethyl alcohol and eta in India. Dhampur International is a subsidiary of India-based Dhampur Sugar Mills.

With additional reporting by Trisha Huang

By Nurluqman Suratman