Huntsman Sets Up Center Of Excellence For Exhaust Processing Of Textiles In Czech Republic
Comprehensive service and development support at all stages of exhaust processing; new product and processing concepts under development.
Basel, Switzerland, July 20, 2006 - Huntsman’s Textile Effects business segment has set up a Center of Excellence (CoE) for Exhaust Processing in the Czech Republic. The CoE is designed to provide customers with state-of-the-art service and development support at all stages of exhaust processing, including pre-treatment, fluorescent whitening, dyeing and finishing.
“The Center of Excellence for Exhaust Processing will allow us to bring together our comprehensive know-how in exhaust application technology and provide our customers with strong and efficient technical backing, particularly expertise in integrating dyes and chemicals,” said Michael Effing, Head of Textile Effects, Region Europe.
The Center, in Liberec, Czech Republic, supports the whole of Europe and is strategically located near other European countries enjoying substantial growth in textiles.
Textile Effects develops, produces and markets high-tech dyes and chemicals especially designed for exhaust processes and for new, technically advanced short-liquor dyeing machines. New concepts currently being developed are scheduled for release later this year.
Huntsman is a global manufacturer and marketer of differentiated and commodity chemicals. Its operating companies manufacture products for a variety of global industries including chemicals, plastics, automotive, aviation, textiles, footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care, furniture, appliances and packaging. Originally known for pioneering innovations in packaging, and later, rapid and integrated growth in petrochemicals, Huntsman today has 15,000 employees and 78 operations in 24 countries. The Company had 2005 revenues of $13 billion.
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rward-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’ filings with the 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. Accordingly, there can be no assurance 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 securities and other applicable laws.