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We saw the need to strengthen our manufacturing capability and presence in the Asian textile market...
In an exclusive interview with Mary Christine Joy, Mr. Paul Hulme, President of Huntsman Textile Effects discusses the global and Asian textile industry. He also sheds light on the current position and future plans of Huntsman as a company.
Mr. Paul G Hulme has done business studies from Manchester University, UK. He was appointed as the President of Huntsman Textile Effects, Singapore in February 2009. Before this, he has held several different positions in the Huntsman Group itself. He shares his views and opinions on several questions related to the industry in general and Huntsman.
How is it working for one of the top textile and chemical companies of the world?
As the leading global provider of high quality dyes and chemicals, it is exciting to be at the forefront of cutting-edge technology, surrounded with world-class production and Research & Technology (R&T) facilities, a first class global supply chain and a team of highly experienced people.
We have more than 1,000 active patents and a robust R&T pipeline. In the last two years, we have introduced 60 new products onto the market and have an exciting pipeline ahead of us in 2013. We constantly demonstrate lasting commitment to sustainability by developing efficient and innovative products, refining our eco-friendly technologies and reducing our own carbon footprint.
Being a manufacturer of textile chemicals and dyes, how do you see the market for it? Is it considerable enough or does it often get neglected? What is your experience with the clients for textile chemicals and dyes?
Globally, the textile industry is expected to reach US$5.5 billion by 2015. We see Asia as a key growth market; India and China first, followed by Brazil, Indonesia and Vietnam. South Korea, Philippines, Pakistan and Bangladesh are also emerging markets to watch out for over the next 5 years.
Over the last decade, there has been a steady shift from the West to the emerging markets of Asia by the producers and biggest buyers of dyes and chemicals. In line with this, several years ago, we moved our global headquarters to Singapore to be closer to these key markets and to respond with greater speed and flexibility to our customers.
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