Advance Syntex launches 'Biodegradable Glitter' product across Europe, UK & America

The Company has launched an innovative product in world of micro-plastic-"Biodegradable Glitter".

Mar 03, 2021 04:03 IST India Infoline News Service

The News
Advance Syntex Limited, has informed about few current development and achievements, in the current business socio-economic situation. An American multinational retail corporation that operates a chain of hypermarkets, departmental stores has approved and placed an order with the company after all the due diligence and SEDEX approved certification.

As per the understanding reached the total order for the next financial year will be US$1.5 million. Advance Syntex Limited believes that this is a great mile stone and could be the start of a deeper relation with the global retailer.

In the core business of Glitters, the Company has launched an innovative product in world of micro-plastic-"Biodegradable Glitter". This product is 100% home compostable and biodegradable. The product is been launched as trade name "Midas Green" and has been successfully accepted in European, UK and American Markets.

Advance Syntex ended at Rs13.75 per piece up by Rs0.65 or 4.96% on the BSE.

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