Huntsman Textile Effects to Support Queen South Textile Mills in Promoting Sustainability
Singapore – As the global market for dyed yarns and fabrics becomes increasingly competitive, Huntsman Textile Effects is helping Queen South Textile Mills reinforce its industry leadership with a renewed emphasis on environmental and economic sustainability.
Under a Memorandum of Understanding signed on 4th May, Huntsman Textile Effects will collaborate with Queen South Textile Mills to ensure it is among the first to adopt the latest sustainability innovations. It will also support Queen South Textile Mills streamline its operations and optimize its processes by implementing a Productivity Improvement Program (PIP) at the company’s textile mill in Dhaka and providing technical support and staff training.
This strategic cooperation will help Queen South Textile Mills maintain its leading edge through innovation while continuing to comply with the stringent requirements of its export customers around the world.
Queen South Textile Mills has already adopted advanced Huntsman Textile Effects technologies, including the market-leading AVITERA® SE dyes. An award-winning flagship dye technology for exhaust application on cellulosic fibers, AVITERA® SE dyes meet increasingly stringent environmental standards and help textile mills improve their productivity and profitability for better economic sustainability. Now available in a broad palette color spectrum with highest light fastness, AVITERA® SE dyes significantly reduce water and energy consumption and carbon emissions by up to 50 percent.
“We are honored to be an innovation partner in Queen South Textile Mills’ drive for increased sustainability,” said Mr Chuck Hirsch, Vice President, Sales and Technical Resources of Huntsman Textile Effects. “Bangladesh is an important market for us and we are pleased to collaborate with leading and like-minded companies here, such as Queen South Textile Mills, as they equip themselves
to better support brands & retailers in building a more environmentally sustainable textile supply chain.”
Mr Jamie Wong, CEO of Queen South Textile Mills, commented, “Our cooperation with Huntsman Textile Effects recognizes the value of the innovative technologies it can offer and is part of our strategy to achieve long-term sustainability for our business. The tie-up with Huntsman will help give us a competitive edge as we differentiate Queen South in today’s dynamic business environment.”
Experts from Huntsman Textile Effects will carry out a full operational audit at the Queen South Textile Mills’ Dhaka facility and recommend ways for the mill to improve productivity and profitability. Implemented in many mills around the world, the Huntsman PIP has proven to be capable of reducing water consumption by as much as 50% and energy consumption by 30% while increasing output by 30% and more using existing plant. Critically, PIP has also successfully improved right-first-time performance by 95%.
Mr Ajay Kanwar, Sales Director (SAME, Turkey and Africa) of Huntsman, added, “We are delighted to partner with Queen South Textile Mills, a textile manufacturing company that is well respected in Bangladesh and around the world. Together, we envision working together to ensure a bright and sustainable future for Queen South Textile Mills and the Bangladesh textile industry.”
Bangladesh’s textile industry is the nation’s largest export sector. The ready-made garment (RMG) sector was worth US$24.5* billion in 2013-2014, when more than 4,200 garment factories employed about 4 million people and accounted for 81% of the country’s total exports. To remain internationally competitive, local textile mills and RMG factories increasingly have to demonstrate that they operate in a socially and environmentally sustainable way.
* Source: Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Trade Information
AVITERA® is a registered trademark of Huntsman Corporation or an affiliate thereof in one or more, but not all countries.
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Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated chemicals with 2014 revenues of approximately $13 billion including the acquisition of Rockwood’s performance additives and TiO2 businesses. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 100 manufacturing and R&D facilities in more than 30 countries and employ approximately 16,000 associates within our 5 distinct business divisions. For more information about Huntsman, please visit the company's website at www.huntsman.com.
About Huntsman Textile Effects
Huntsman Textile Effects is the leading global provider of high quality dyes and chemicals to the textile and related industries. Sustainability, innovation and collaboration are at the heart of what we do. We use cutting edge technology to develop solutions and create inno
vative products with intelligent effects such as built-in freshness, sun protection or state-of-the-art dyes which reduce water and energy consumption. All these go toward meeting the needs of our customers in supporting a more sustainable environment. Selling into more than 90 countries and with presence including eight primary manufacturing facilities in seven countries (China, Germany, India, Indonesia, Mexico, Thailand, Switzerland) and 14 Formulation Distribution Centers spread across 12 countries, Huntsman Textile Effects is uniquely positioned to provide fast and expert technical service wherever our customers are based.
About Queen South Textile Mills:
Queen South Textile Mills Ltd , A Hong Kong Venture in Bangladesh, established with a target to serve the sweater, knitting and the weaving industry where they all consume a lot of quality color yarns and need a fast response lead- time. Established in 2004, Queen South is a dyer serving local Export oriented industries to cater their demands of dyed yarn for Global brands like Lidl, Celio, S. OLIVER, H&M, NEXT, C&A and many more. Located in Export Processing Zone in Dhaka, company produces dyed yarn of Cotton, Cotton/Acrylic, Viscose, PA and PES with a capacity exceeding 50 tons per day .Company has the vision to maintain the lead in the market by using innovative products and systems that ensures economic and environmental sustainability.
Forward Looking Statements:
Statements in this release that are not historical are forward-looking statements. These statements are based on management’s current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company’s operations, markets, products, services, prices and other factors as discussed in the Huntsman companies’ filing
s with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, financial, economic, competitive, environmental, political, legal, regulatory and technological factors. In addition, the completion of any transactions described in this release is subject to a number of uncertainties and closing will be subject to approvals and other customary conditions. Accordingly, there can be no assurance that such transactions will be completed or that the company’s expectations will be realized. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.