Descon Oxychem expands its reach in Middle East, registers subsidiary in Sharjah
MG News | May 02, 2023 at 11:03 AM GMT+05:00
May 02, 2023 (MLN): The management of Descon Oxychem Limited (DOL) has registered a 100% owned subsidiary with the name of `Descon Oxychem FZE' in Hamriyah Free Zone, Sharjah, UAE, for marketing and selling its products.
The company supplies customized chemicals for textiles, food and beverage safety as well as other industrial and consumer sectors. In the global arena, the HP market is forecasted to be worth $5.2 billion by 2021.
As a result, Descon Oxychem is actively exploring growth in international markets for pulp and paper, cosmetics, and electronics manufacturing.
Since its inception in 2008, Descon Oxychem has rapidly evolved to become the market leader in an intensely competitive Hydrogen Peroxide domestic market. Further, it has also established a footprint in regional export markets.
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