Home / Knowledge / News / Textiles / Huntsman Textile Effects to establish new HQ in Singapore
Huntsman Textile Effects to establish new HQ in Singapore
04
Mar '09
Huntsman Textile Effects, a division of Huntsman Corporation and a leading manufacturer of dyes and textile chemicals, announced it will establish new headquarters in Singapore. The move is a major milestone of the division's previously announced restructuring and will significantly contribute to the division's focus on serving selected global market segments from the region most expected to fuel growth in the years to come.

Headquarters for Textile Effects is currently located at the division's long-standing site in Basel, Switzerland. The Basel site will remain a major manufacturing, research & technology and European customer service location for Textile Effects, and also acts as headquarters of Advanced Materials, another Huntsman division.

"This is an important strategic decision," said Paul Hulme, President of Huntsman Textile Effects. "The relocation of the divisional headquarters and its leadership team is the next important step in our restructuring program and will ensure that the business is fully aligned to market trends and customer needs. The move will enhance our customer intimacy, shorten decision-making processes and complement our realigned manufacturing footprint and business support model. It also brings us closer to our sales and customer support organization in Asia, which is already the largest in Textile Effects."

Members of the Textile Effects leadership team are expected to move by mid-year and will relocate to the existing Huntsman Gateway Center at Beach Road. Vice Presidents and Directors responsible for Global Manufacturing, Supply Chain, Human Resources, Finance and Legal will relocate there, along with the business Vice President, Directors and commercial team responsible for its global Apparel & Home Textiles business unit.

"Geographically, Singapore is an ideal location from which to serve the markets in China, India and South-East Asia, but also allows us to continue to serve and grow our business in Europe and the Americas," Paul Hulme added. "Singapore was chosen from a number of possible locations, primarily because of its proximity to our key growth markets, the excellent international business environment encouraged by the Singapore Economic Development Board, and the availability of the high quality professionals that will be critical to the continued growth of our global business."

Huntsman Corporation

Must ReadView All

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Information Technology | On 21st Feb 2017

ThreadSol launches IntelloBuy & IntelloCut in Vietnam

ThreadSol, the pioneer of enterprise material management for sewn...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search