The Swedish biotech company Add-X Biotech 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 of Add-X Biotech, said of the agreement: “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 worldwide 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 of Ijaz Brothers, added: “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 capitalising on our 40 years of market presence, we aim to introduce the reality of degradable plastics to the average Pakistani consumer.”
