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July/August 2015

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Events

Irantex, The 21st International Exhibition of Textile Machinery, Raw Materials, Home Textiles, Embroidery Machines & Textile Products
09/04/2015 - 09/07/2015

Hightex 2015 - 6th International Technical Textiles and Nonwovens Trade Fair
09/11/2015 - 09/13/2015

Nonwoven Nanofiber And Microfiber Fundamentals And Applications
09/14/2015 - 09/17/2015

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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



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