Huntsman Textile Effects to support Argo Pantes in reinforcing its business leadership
Enhancing economic and environmental sustainability for increased profitability
Indonesia – With mounting economic and environmental pressures surrounding the textile industry, Huntsman Textile Effects continues to help mills mitigate the toughest industry challenges with its Productivity Improvement Program (PIP).
Embarking now on this PIP is PT Argo Pantes Tbk, the flagship company of the textile division of the Argo Manunggal Group, one of Indonesia’s largest business enterprises. As a leading textile mill that is fully integrated across the textile production process, Argo Pantes seeks to reinforce its business leadership through enhancing economic and environmental sustainability for increased profitability.
By working with technical experts from Huntsman Textile Effects, Argo Pantes will be able to enhance existing best practices and optimize operational processes for greater product yield and quality. The plant will also adopt technologies such as NOVACRON® C dyes and CLARITE® ONE all-in-one pretreatment that can deliver high performance while providing economic and environmental benefits.
Implemented in many mills around the world, Huntsman Textile Effects’ PIP has delivered significant improvement in productivity and up gradation in quality. The PIP has also been capable of helping mills increase their output by 30% or more based on existing plant capacity and improve their right-first-time performance.
Mr. Deepak Anand, President Director, PT Argo Pantes Tbk, said, “As a leading textile mill committed to product excellence in compliance with the most stringent industry standards, we look forward to working wi
th Huntsman Textile Effects as a trusted partner in strengthening our position as a preferred choice of brands and retailers around the world.”
Mr. Chuck Hirsch, Vice President of Commercial and Technical Resources, Huntsman Textile Effects, added, “The textile industry holds a significant role in Indonesia’s manufacturing sector. Staying competitive requires mills to have the best technical know-how, efficient operations and optimum product quality with a focus on economic and environmental sustainability. The strength of this partnership is that Huntsman Textile Effects will work closely with Argo Pantes to help them meet both economic and environmental sustainability while helping them stay highly competitive in the marketplace.”
With rising costs and increasing competition from foreign companies, Indonesian textile manufacturers continue to make significant plant investments to streamline their supply chains, complement their upstream or downstream activities and align themselves with international industry standards such as ISO 9001. Huntsman Textile Effects is proud to support local mills in this strategic initiative that will enable the Indonesian market to attract more leading global fashion brands with quality assurance, sustainable practices and competitive prices.
NOVACRON® and CLARITE® are registered trademarks of Huntsman Corporation or an affiliate thereof in one or more, but not all countries.
Signing ceremony between Huntsman Textile Effects and PT Argo Pantes Tbk
From left to right:
Mr Dheeraj Talreja, Commercial Director (NESE Asia), Huntsman Textile Effects
Mr Chuck Hirsch, Vice President, Commercial and Technical Resources, Huntsman Textile Effects
Mr Deepak Anand, President Director, PT Argo Pantes Tbk
Mr Jay Naidu, Vice President, Strategic Marketing and Planning, Huntsman Textile
Mr Herwanto Sutanto, Commissioner Chairman, PT Swisstex Naratama Indonesia
Christina Koh +65 6390 6482 email@example.com
Mindy Chee: +65 6390 6492 firstname.lastname@example.org
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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. With operations in more than 90 countries and seven primary manufacturing facilities in six countries (China, Germany, India, Indonesia, Mexico and Thailand), Huntsman Textile Effects is uniquely positioned to provide prompt and expert technical service wherever our customers are based.
Sustainability, innovation and collaboration 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-t
he-art dyes which reduce water and energy consumption. All these go towards meeting the needs of our customers in supporting a more sustainable environment.
About PT Argo Pantes Tbk
PT Argo Pantes Tbk, flagship company of the Argo Manunggal Group, is a leading integrated textile manufacturer with its spinning, weaving, yarn dyeing, piece dyeing and finishing operations ranking among the finest in Indonesia today. Serving more than 2,000 international customers in 40 countries worldwide and many renowned global fashion brands, PT Argo Pantes Tbk is committed to delivering customer satisfaction with its high quality products at competitive prices through continual investment in its people and equipment. The company also supports robust environmental management programs at its production facilities to meet the most stringent environmental standards. PT Argo Pantes Tbk is now a name synonymous with textile products of superior quality assurance.
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’ 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. 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.