DTI Inks
Strategic Alliance with Huvis
The Apparel Business of DuPont Textiles & Interiors (DTI) and
Huvis, a leading producer of specialty polyester products, have
formed a strategic alliance that will include significant
cross-licensing of technology and brands.
The alliance enables DTI Apparel to tap into new streams of
innovation and reinforces its commitment to cost-competitive
solutions for supplying market needs. It gives Huvis better
access to global markets, initially in Asia and the Americas, via
DTI's marketing resources and brand portfolio. The collaboration
will focus initially on fiber and fabric products for the active
sportswear and intimate apparel segments, but is expected to
extend to ready-to-wear and even household textiles.
Huvis
polyester products will be marketed globally by DTI under the
DuPontTM Lycra®, Coolmax®, Thermolite® and Tactel® brands depending on the end use
benefits they bring. And Huvis will license the use of DTI
consumer brands in the Korean market for their products that
deliver on the soft touch promise of Tactel® and the moisture
management properties of Coolmax®.
In February 2002 DuPont announced its intention to divest the DTI business
unit so
that it could evolve as a specialist textile enterprise. Bill
Ghitis, DTI vice president and general manager for Global
Apparel, believes these types of alliances reflect the new
reality of the apparel industry, and of the new DTI business
model. "One reason for the divestiture of DTI by DuPont is
to give us flexibility to create alliances and partnerships and
set new investment priorities," Bill said.
Huvis is the
largest polyester producer in Korea and one of the fastest-growing
enterprises of its kind in the world, having expanded its
operations to Brazil, China and Germany. Heavy investment in
specialty fibers has made it a world leader in polyester
technology.
Huvis http://eng.huvis.com/
A
specialist in the manufacture of polyester products, and an
industry leader in the Korean market
Huvis was established in November 2000, by merging Samyang and SK Chemicals
Polyester business divisions, which had been respectively leading
Korea's polyester industry for the past the 30 years.. Since its
founding the company has been recognized for its exemplary
corporate restructuring practices, highlighting resolute
management reforms, cultural unity and stable management-labor
initiatives to promote harmony. Thanks to these and other
forward-thinking measures, the firm has created a new model for
corporate management. It is constantly striving to become 'an
enterprise dedicated to sharing and developing in step with its
clientele' based on accumulated technology and enhanced
management capabilities.
Corporate Profile
The polyester business at Huvis is centered on three
sectors-Filament Yarn, Staple Fiber, chip-with large-scale
polyester production factories located in Jeonju, Suwon and
Ulsan.
Since its establishment the company has carried out diverse
management policies, including the adoption of a TOP (Total
Operational Performance) mandate for optimal production; this
initiative constructs working partnerships with clients to
provide total solutions. It has also implemented a TCS (Total
Customer Solution) regime to center upon radical quality
improvement and product development, in facilitating
technological progress and client-centered management.
Furthermore, It is taking off as a global leader in the 21st
century through a world standard level of management, in building
cooperative management-labor relationships, resolutely breaking
away from inefficient and wasteful practices of the past, and
establishing a performance-oriented culture based on fair and
objective standards.