Sustainability is the future, Huntsman Textile Effects says
02/08/2011
The textile dyeing and finishing industry is one of the heaviest global consumers of water and energy, the Singapore-based company said. By 2030 it is estimated that the world demand for fresh water will increase by 40% and a by 2050 an estimated billion-plus people will lack the water they need for daily living such as drinking, cooking and bathing, so there is a critical need for the industry to take responsibility and adopt sustainable business practices, it added.
“It’s time that all of us in the textile industry take stock of the current situation and work in partnership to implement a change that will lead towards a more sustainable textile processing industry,” said company president, Paul Hulme. “Only collectively can we truly have any impact to reduce the environmental impact in key markets such as India and China, the very communities that are most affected by access to water.”
The statement said the global textiles dyes market is expected to reach $5.5 billion by 2015, led by the Asia Pacific region with countries such as China and India experiencing tremendous growth.
“For over a decade, consumers have enjoyed lower-cost clothing and textiles but as the price of raw materials such as cotton increase and consumers’ spending power reduces they must make more cost-effective choices. There is also a call for textiles to be produced in a more environmentally-friendly way,” commented Mr Hulme.
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