May 24, 2013 | 12:09 AM (BD Time)

24 May, 2013 Friday

Breaking News:

Huntsman-DBL to achieve sustainable excellence in textiles

. Business Report
Huntsman Textile Effects and DBL Group have embarked on a strategic partnership focused on achieving sustainable excellence, cost efficiency, enhancing textile differentiation and quality without compromising protection to environment.
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 that have low environmental impact, Huntsman Textile Effects will support DBL Group to drive environmental and economic sustainability. It may be achieved through implementation of the Productivity Improvement Program (PIP).
The PIP is a unique Huntsman Textile Effects initiative that helps textile mills to maximize productivity and profit. Through taking a comprehensive audit of the day-to-day manufacturing processes and making core recommendations to improve productivity and profitability, PIP has been successful in helping to reduce water consumption by as much as 50 percent, reduced energy consumption by 30 percent, save time and increase production by 30 percent and more and increase Right First Time by 95 percent.
 In addition to the PIP, Huntsman Textile Effects will provide technical service support to DBL Group to improve compliance standards in keeping with the rigorous global customer requirements. As part of the partnership, DBL Group will award the preferred supplier status to Huntsman Textile Effects, to supply materials for their production facilities in Bangladesh.
Company vice president Kent Kvaal, said, "Bangladesh is an important market for Huntsman Textile Effects as we continue to expand our presence in the Asia Pacific region. We recognize the important role our key partners in Bangladesh can play in the global arena and look forward to provide world-class technical service solutions in partnership with DBL, one of the most diversified and respected textile manufacturing groups in Bangladesh, to build a brighter and sustainable future."