IMCD plans to expand in Bangladesh with new office and application laboratory
- ByStartupStory | July 4, 2022
IMCD announces the opening of its Dhaka office and Food & Nutrition Application Laboratory. IMDC is a leading distribution and formulation company in the marketing, sales, and distribution of speciality chemicals and ingredients and this move comes as the company attempts to expand its presence across novel territories. The new facilities will be organized as two storeys – one floor will be dedicated to the office, while the second floor will be where Food & Nutrition Application Laboratory will be set up.
Amit Hirani, the Managing Director of IMCD India and IMCD Bangladesh said, “The Bangladesh market offers enormous opportunities for business in major segments across Food & Nutrition, Coatings & Construction, Pharmaceuticals, Textiles, and Advanced Materials. One of the fastest-growing economies in the world, Bangladesh has an emerging middle-class population with rising income. This opportunity for growth reinforces our commitment towards expanding our operations in this region.”
This expansion in Bangladesh will offer substantial growth opportunities for IMDC’s existing and potential business partners, while it will also offer a steadfast support mechanism for them. The cutting-edge Food & Nutrition Application Laboratory will help food producers and researchers to develop complex ingredient formulations and generate on-trend food and beverage solutions. In addition to this, the laboratory will cater to several segments, such as Bakery, Beverage, Confectionery, Savoury, Dairy and Nutrition. It will help generate innovative concepts and offer technical solutions to customers in these categories.