Swiss backers will help Turkish leather chemicals firm to grow

11/09/2012
Turkish leather chemicals manufacturer Sintan Kimya has confirmed that it has won new investment from private equity investors in Switzerland. The company said it would use the new investment to develop new products and to continue its programme of reaching out to new markets in all parts of the world.

Company president, Kenan Mazici, said on confirming the news: “We have traditionally done most of our business with tanners in Italy, Turkey and China, but we want to sell our products all over the world.” He said the main difference the new funding arrangements will make is that, while the organisation previously limited itself to producing chemicals, it will now also offer a technical service direct to tanners.

Sintan Kimya specialises in synthetic tanning agents and currently produces 60 different products in 18 main groups ranging from phenolic, disulphonic, napthalenic and melamine-based syntans. It also supplies auxiliaries and fatliquors.

It has 15 technicians in the field at the moment and is in the process of training more at its laboratory in Istanbul. It is also looking for agents for its products in new markets.