FDC to reduce textile cost

KARACHI - The first state of the art Formulation and Distribution Center in the country being established by the Huntsman that brought local textile sector in rank with the countries rapidly developing in regard with textile sector. Huntsman Textile Effects is a prominent name in international textile sector, in collaboration with Swisstex Chemicals, launched its new Formulation and Distribution Centre in Karachi, the economical hub of Pakistan. The centre was jointly inaugurated by the President International Textile Manufacturers Federation and Chairman, Gul Ahmed Textiles Basheer Ali Mohammad and Vice President, Huntsman Textile Effects Kent Kvaal. Addressing the inaugural ceremony, Kvaal briefly shed light over the history and services of Huntsman regarding to textile sector and said that in response to the upcoming challenges and to bring the textile sector back on track. , the Huntsman with massive investment, decided to switch the plants from the United States to Asia. He was of the view that Pakistan would be a key country for global textile sector in near future. He said that though they had taken some difficult decision, hopefully the FDC in the economical hub of Pakistan would significantly reduce the production cost for their customers. He further said that through the FDC, they would bring a 50 percent decrease in water and energy consumption. Bashir Ali Mohammad said that it was an important event and milestone for the countrys textile sector. He stressed the need to change Pakistan and move forward to technical business instead of commodity. He thanked the foreign guests who establish the FDC inside the country, when Pakistan was facing worst conditions due to Afghan war, resulted in migration of a large number of textile units to Bangladesh and other destinations. Swisstex Chemicals CEO Zain Bashir said that through the FDC, local textile sector would get an opportunity to reduce production cost, besides enhancing production.

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