Huntsman Textile Effects and DyeCoo Textile Systems Enter Into Collaborative Agreement on Supercritical CO2 Water-free Dyeing and Finishing Products
Singapore and Weesp, Netherlands – As committed leaders in driving innovation and sustainability for the textile industry, Huntsman Textile Effects and DyeCoo Textile Systems are joining forces to develop and grow Supercritical CO2 textile processing technology. This spells good news for the industry as the joint collaboration is set to create more sustainable products which will benefit the industry as a whole.
By using recycled carbon dioxide as the application medium, DyeCoo’s innovative technology completely eliminates the use of water in the textile dyeing process. This new technology requires innovation in dye and chemical products as the applications expand in order to obtain the high level of colour fastness and performance that consumers demand.
Commented Mr Steve Gray, Global Vice President of Research and Technology at Huntsman Textile Effects, “Our track record in innovation, sustainability and quality underpinned by our global presence puts us in a great position to support this emerging technology. We believe that this technology has the potential to revolutionise textile manufacturing and we are excited to partner with like-minded and progressive partners like DyeCoo to make sustainable dye and chemical innovations more readily available throughout the industry. This collaboration is a reinforcement of both companies’ long-term strategy and deep commitment to innovation and sustainability.”
Commented Mr Reinier Mommaal, CEO/Co Founder of DyeCoo Textile Systems, “ The roll-out of new revolutionary technology in the textile industry cannot be done without the right partners. The first new products introduced with Huntsman Textile Effects will be in the areas of Finishing products and Fluorescent Brightners. The track record of Huntsman regarding innovation and sustainability makes them a preferred partner for us.
DyeCoo Textile Systems, a Netherlands-based com
pany, is the world's first supplier of industrial CO2 dyeing equipment and is a leading innovator in CO2 dyeing technology and processes.
Huntsman Textile Effects is a global leader in developing total textile solutions across all aspects of the textile chain and a committed player in developing sustainable, high performing processing and effects chemicals with low environmental impact.
About Huntsman Textile Effects
Huntsman Textile Effects is the leading global provider of high quality dyes and chemicals to the textile and related industries. Research, innovation and sustainability are at the heart of what we do. We use cutting edge technology to develop solutions and create innovative 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. With operations in 110 countries and 8 primary manufacturing facilities in seven countries (China, Germany, India, Indonesia, Mexico, Thailand, Switzerland), Huntsman TE is uniquely positioned to provide fast and expert technical service wherever our customers are based.
Huntsman is a global manufacturer and marketer of differentiated chemicals. Our 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, for rapid and integrated growth in petrochemicals, Huntsman has approximately 12,000 employees and operates from multiple locations world
wide. The Company had 2011 revenues of over $11 billion. For more information about Huntsman, please visit the company's website at www.huntsman.com.
DyeCoo Textile Systems B.V. was founded in March 2008. DyeCoo Textile Systems is the world's first supplier of industrial CO2 dyeing equipment and is a leading innovator in CO2 dyeing technology and processes. DyeCoo Textile Systems B.V. is a spin-off of the Dutch Feyecon Group, an innovator in the field of CO2- process technology.
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' filings 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. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.