COMPANY UPDATE
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HUNTSMAN WINS GDMA’S COVETED TOP EXPORTER OF THE YEAR AWARD Huntsman Corporation
Baroda, India, September 22, 2021: Huntsman Textile Effects, the leading global provider of high-quality dyes, chemicals, and digital inks for textile related industries, has been conferred the ‘Top Exporter of the Year’ award by the Gujarat Dyestuffs Manufacturers Association (GDMA). The award, which recognizes excellence in direct exports of dyes and dye intermediaries from 2018 to 2019, was presented by Shri Ranjeeth Kumar, IAS, Commissioner, Ministry of Small and Medium Enterprises, Government of Gujarat at a ceremony in Ahmedabad recently, amid strict Covid-19 protocols. “We are very pleased to accept this award and recognition from the apex body GDMA. It is a testimony to Huntsman’s contribution towards India and Gujarat’s export earnings and commitment to playing an important role in the economic prosperity of the sector and the region where we operate, “ said KavishwarKalambe, Site Director-Baroda, Huntsman Textile Effects. Huntsman operates a state-of-the-art global dyes and chemicals manufacturing unit in a designated industrial zone of Padra in Baroda, Gujarat. The facility is spread across 62 acres and offers direct and indirect employment to over 800people. The site is currently involved in a community outreach project with three surrounding villages, focusing on Education, Health, Water and Sanitation, and Animal Husbandry under
CSR Initiatives. The GDMA is the apex body of all dyes and dye intermediate manufacturers in Gujarat, established in 1962. It represents 80% of the dyestuff manufacturers in Gujarat, contributing approximately 60% of the total exports of the country. These units have a combined turnover of about Rs. 25,000 crore. The dyestuff industries of Gujarat generate more than one lakh direct jobs and 1.5 lakh indirect jobs. The Dyestuff Industry generates approximately Rs. 5500 Cr. GST & around Rs. 700 Cr. of Income Tax. About Huntsman Textile Effects: Huntsman Textile Effects is the leading global provider of high quality dyes, chemicals and digital inks to the textile related industries. With operations in more than 90 countries and six primary manufacturing facilities in six countries (China, Germany, India, Indonesia, Mexico, and Thailand), Huntsman Textile Effects is uniquely positioned to provide prompt and expert technical services wherever our customers are based. Sustainability, innovation and collaboration are at the heart of what we do. We use cutting edge technology to develop solutions and create innovative products with intelligent effects such as durable water repellants, color fastness, sun protection or state-of-the-dyes which reduce water and energy consumption. For more information about Huntsman Textile Effects, please visit: www.huntsman.com/ textile_effects
SEPTEMBER 2021
