Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

Textile World Photo Galleries
March/April 2015 March/April 2015

View Issue  |

Subscribe Now  |


Tecnotêxtil Brasil 2015
04/07/2015 - 04/10/2015

Vietnam Saigon Textile & Garment Industry Expo 2015
04/09/2015 - 04/12/2015

Fabric Property Development And Characterization
04/13/2015 - 04/16/2015

- more events -

- submit your event -

Printer Friendly
Full Site
Dyeing Printing & Finishing

Huntsman To Restructure Textile Effects Business

Salt Lake City-based Huntsman Corp. has announced that it will spend nearly $150 million over the next three years to restructure its Textile Effects business, which it acquired from Switzerland-based Ciba Specialty Chemicals Inc. earlier this year. The restructuring will entail consolidation of the business’s Americas and European operations and expansion of Asian operations.

“In the Americas and in Europe, our focus will be to expand our technical textiles and high-end apparel and home textile businesses and reach a world-class cost position globally in all functions, including production, sales and distribution,” said Paul Hulme, president, Materials & Effects division.

The program also will include the establishment of a technical center and two formulation and distribution centers in China.

Up to 650 positions will be eliminated globally, while 300 will be created.

November/December 2006