Bextex, Huntsman team up

Huntsman Textile Effects will provide textile dyes, chemicals and technical service to Bextex Ltd, according to a statement released yesterday. Huntsman and Bextex have signed a partnership deal.
Syed Naved Husain, chief executive officer of Bextex, and Paul Hulme, president of Huntsman Textile Effects, signed the deal at Beximco Industrial Park in Gazipur.
Huntsman will be the supplier for all dyes and chemicals required for Bextex's textile processing plants in Bangladesh.
“We are excited to have the opportunity to partner with such a reliable business. This association will create a new benchmark for productivity and innovation for both of our organisations, which is very important in this competitive market,” said Husain.
“This partnership marks the beginning of a new chapter in this important market, whereby Huntsman is focused on creating a higher standard in textile processing through innovation and technical expertise. In turn, this will fuel the momentum of technical upgrade for the textile industry,” said Hulme.
"Huntsman Corporation and Beximco are also considering joint investments in Bangladesh in addition to textiles in the areas of specialised chemicals for construction, footwear and healthcare."
Huntsman Textile Effects is a concern of Huntsman Corporation, a global manufacturer and marketer of differentiated chemicals.