New Singapore HQ for Huntsman Textile Effects
05/03/2009
Its headquarters is currently based at the division's long-standing site in Basel, Switzerland. The Basel site will remain a major manufacturing, research and technology and European customer service location for Textile Effects, and also acts as headquarters of Advanced Materials, another Huntsman division.
Members of its leadership team are expected to move by mid-year and will relocate to the existing Huntsman Gateway Center at Beach Road. Vice presidents and directors responsible for global manufacturing, supply chain, human resources, finance and legal will relocate there, along with the business vice president, directors and commercial team responsible for its global apparel and Home Textiles business unit.
"This is an important strategic decision," said Paul Hulme, president of Huntsman Textile Effects. "The relocation of the divisional headquarters and its leadership team is the next important step in our restructuring programme and will ensure that the business is fully aligned to market trends and customer needs. The move will enhance our customer intimacy, shorten decision-making processes and complement our realigned manufacturing footprint and business support model. It also brings us closer to our sales and customer support organiaation in Asia, which is already the largest in Textile Effects."
"Geographically, Singapore is an ideal location from which to serve the markets in China, India and South-East Asia, but also allows us to continue to serve and grow our business in Europe and the Americas," Mr Hulme added.
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