Huntsman Textile Effects and Genencor Collaborate to Bring Innovation in Sustainability to the Textile Industry

Both Genencor and Huntsman have a longstanding history in the textile industry. Huntsman Textile Effects is a global player and market leading supplier of dyes, chemicals and innovative solutions for textile processing, and Genencor focuses on discovering, developing, and delivering highly innovative, eco-friendly, efficient enzyme technologies.

“We are excited to have signed this agreement,” said Stephen Gray, Vice President of Research &Technology at Huntsman Textile Effects. “We are constantly striving to develop new technology platforms that will improve fabric performance and reduce energy and water consumption for the textile industry. With Genencor, we have found a partner that shares that vision to address this global demand.”

Glenn Nedwin, Executive Vice President Technical Enzymes at Genencor concurs, saying “in our opinion, this joint effort can contribute greatly towards making the textile industry more sustainable. Through this collaboration we aim to reduce the use of harsh chemicals and high energy levels, thereby opening up new markets for biodegradable ingredients that require milder processing conditions.

Genencor enzymes have a proven track record in many textile processes and with this joint effort the industry can expect more from Genencor’s textile portfolio.”This collaboration is certain to be a fruitful one not just for the textile industry but for the environment as a whole. First results from this joint effort can be expected shortly, as Huntsman and Genencor are scheduled to announce the launch of a new, innovative product later this year.

About Huntsman:
Huntsman is a global manufacturer and marketer of differentiated 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, for rapid and integrated growth in petrochemicals, Huntsman today has 13,000 employees and operates from multiple locations worldwide. The Company had 2007 revenues of approximately $10 billion. For more information about Huntsman, please visit the company’s website at www.huntsman.com.

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