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DTI Huvis Form Alliance

DTI, Huvis Form AllianceWilmington, Del.-based DuPont TextilesandInteriors (DTI) and Huvis, a Korea-based polyester producer established in 2000, have formed a strategic alliance through which they will share technology and brands through cross licensing. The companies will collaborate on the development of new polyester-based apparel, home textile and industrial products. In addition, Huvis will be licensed to use DTIs DuPont Coolmax® and Tactel® brands on certain of its products in the Korean market, while DTI will market Huvis products globally under the DuPont Coolmax, Tactel, Lycra® and Thermolite® brands. The first fiber and fabric products will be targeted for active sportswear and intimate apparel uses. Eventually, the companies expect to expand the collaboration to include products for ready-to-wear and home textile applications. July 2003




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