TANDEX SEES INDIA AS LUCRATIVE MARKET

12 Jul 2013 11:19

NEW DELHI, July 11 (Bernama) â€" Industrial chemical cleaning specialist, Tandex Chemicals Sdn Bhd, sees India and South Asia as a lucrative market, especially in the context of power stations and petrochemical plants.

"We are currently looking at four jobs in India, three, involving power plant and the other in petrochemicals," its director, Stevenson E. Leo said.

"The projects are worth between RM3 million to RM4 million each.

The number of jobs available now in India is between 30-40 in power plants alone.

"This is a very niche industry and with only one competitor in India, Tandex sees a huge business opportunity here," he told Bernama in a recent interview.

Besides India, Tandex plans to expand into Pakistan as well as Bangladesh, if the business environment is conducive.

Stevenson said the company had undertaken a job in Sri Lanka and with the ample opportunities available, has decided to set up a company in India.

Countries in the South Asian region are seeing increased industrial programmes, and this is likely to result in more power generation plants, petro-chemical refineries, chemical plants, steel and paper-making mills, shipbuilding and repair yards.

"This will create the need for specialist industrial cleaning and maintenance services to ensure the plants remain safe and efficient, he said.

Established 1986, Tandex has taken up jobs in Thailand, Vietnam, Laos, Brunei, the Philippines, Indonesia, Singapore, Taiwan, Sri Lanka, Sudan, Trinidad & Tobago, alongside those in Malaysia.

It has worked with among others, Siemens, Alstom, Lurgi, Mitsubishi Heavy Industries Ltd, Toshiba, Petronas and Shell, as well as Jurong Engineering Ltd.

-- BERNAMA

SM AS