The US chemical company Huntsman Corp., Salt Lake City/UT, announced that the company has completed a comprehensive review of the strategy for its global Textile Effects business. As a result, the Textile Effects business will move to implement a new structure that will see its operations expand significantly in Asia and consolidate in the Americas and in Europe as it transitions from a regional to a global, market-focused organization. The streamlined Textile Effects business will be comprised of two global strategic business units: Apparel & Home Textiles and Specialty Textiles, which together will focus on 9 growth market segments. All business and support functions will be aligned to this new structure.
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