Camex ties up with China’s Tianjin Yadong Longxin International Ltd

Mergers & Acquisition

Camex ties up with China’s Tianjin Yadong Longxin International Ltd

Camex Ltd, manufacturer of reactive, acid, direct dyes and textile auxiliaries, has entered into a sole selling arrangement with China’s Tianjin Yadong Longxin International Ltd. Camex will market the Chinese partner’s range of basic intermediates like H.Acid, Tobias Acid, Sulfo Tobias Acid and J.Acid, exclusively, in the Indian market.

According to a company statement, “The association would help Camex Ltd to exploit its present marketing network, along with Tianjin Yadong Longxin’s expertise. The association will help Camex Ltd to improve revenues and profitability in the coming years.”

Camex has its manufacturing facilities in Ankleshwar in Gujarat. Tianjin Yadong Longxin manufactures dyestuffs and dyestuff intermediates, their main products being direct fast dyes, solvent dyes, H.Acid, Tobias Acid, Sulfo Tobias Acid and J.Acid, which are primarily used for wool, leather, printing ink, silk. The company has an annual turnover exceeding US$ 100 million.