Gothenburg, Sweden 2010-06-21
PRESS RELEASE – PRESS RELEASE – PRESS RELEASE – PRESS RELEASE
Add-X Biotech AB signs Ijaz Brothers as an exclusive distributor in Pakistan for AddiFlex®.
The Swedish bio-tech company Add-X Biotech AB has signed a distribution agreement with the Pakistan company Ijaz Brothers. Ijaz Brothers will be the exclusive distributor of all different grades of AddiFlex® in Pakistan.
Markus Jörgensen, CEO, Add-X Biotech AB: “We are thrilled to have closed this deal and to be able to work with Ijaz Brothers in a long term agreement. The demand for our AddiFlex® is constantly growing world wide and this agreement fits well into our business strategy. Pakistan is a new interesting market for us and together with Ijaz Brothers we will now be able to make AddiFlex® available there as well.”
Ahsan Ejaz, Managing Director, Ijaz Brothers: “We are delighted to have partnered with Add-X Biotech as exclusive agents for the marketing and distribution of their AddiFlex® degradable additives for the growing Pakistani market. Using Add-X´s proprietary technology and capitalizing on our forty years of market presence, we aim to introduce the reality of degradable plastics to the average Pakistani consumer.”
For further information contact:
Markus Jörgensen, CEO
Add-X Biotech AB
+46 42 499 23 50
Ahsan Ejaz, Managing Director
+92 423 7220883
Add-X Biotech AB is a Swedish bio-tech company that serves the world market with Addiflex® – anadditive that added to plastic makes it biodegradable. Addiflex® is now available in over 26 countries worldwide.
Add-X Biotech AB
426 52 Västra Frölunda, Sweden
1stFloor, Bhagwan Das Building, Rattan Chand Road,
Chowk Shah Alam Gate. Lahore – Pakistan