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Archroma acquires Huntsman unit

  

Archroma is all set to buy Huntsman Textile Effects.

Archroma is a global leader in sustainable specialty chemicals and solutions for industries such as textiles, packaging and paper, paints and coatings. Based in Switzerland, the company operates a highly integrated, customer-focused platform that delivers specialized performance and color solutions in more than 100 countries. The company offers all kinds of after-chemical treatments that the textile industry has been demanding. So in athletic wear, for instance, the company has bacteria control for medical applications. And there are non-iron shirt chemical ranges for people who are starting going to the office again. Huntsman Textile Effects is the textile effects business of Huntsman Corporation. With this acquisition both Archroma and Huntsman Textile Effects hope to bring together their expert teams and highly complementary product portfolios to offer customers and brand partners the high performance they expect while respecting natural resources and the planet. Both companies are known for sustainability and innovation and complement each other. Archroma is stronger in chemicals than in dyes, whereas, for Huntsman, its textile effects business in dyes is stronger. The two can bring to the global customers the full i.e. end-to-end range of textile dyes and chemical products.

 
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