Mumbai, June 2
SINTEX Industries Ltd has informed the Bombay Stock Exchange that it has entered into an agency and distribution agreement with Blue Stream Trading of the UAE.
Blue Stream Trading is the sole authorised agent and representative of Sulo Umwelttechnik GMBH & Co (Sulo), one of the largest waste management solutions companies in the world, for the UAE, Central Africa and India regions.
As per the terms of the agreement, the company will utilise its wide distribution network to market the Sulo product range in India.
Mr Amit Patel, Managing Director, Sintex, said: "A rapidly expanding population combined with uncontrolled industrial development has resulted in degradation of the environment and a considerable strain on natural resources."