FRANKFURT, Germany (July 9, 2012)—Hose maker Tristone Flowtech Group has signed a technical assistance deal with Bony Polymers Pvt. Ltd. The deal will focus especially on engine cooling and turbocharger hoses, the companies said.
The agreement “will be the basis to establish our manufacturing footprint in the Indian region,” said Gunter Froelich, President and CEO of Tristone Flowtec.
The objective is to further penetrate the Indian automotive market by working together on common projects. Tristone Flowtec will provide technical support in the production and logistic areas of engine cooling hoses, PA Pipes, surge tanks and turbocharger hose applications, according to the deal.
In addition to the Indian deal, Tristone Flowtec has in 2011 taken over a plant in Delicias/ Mexico to increase its presence in the NAFTA and Mercosur market with a fully owned subsidiary.