The joint venture will be a full manufacturing, distribution business, as well as a joint innovation effort, the company reports. It will enable both companies to expand their global presence, giving HeiQ critical access to local market knowledge across the Southeast United States.

Beneficial partnership

For HeiQ customers the joint venture brings into play a new source for products, with the advantage that they will be manufactured using proven technologies and delivered against familiar specifications. For Chem-Tex the benefits include gaining access to HeiQ’s leading technologies and to proven experience in marketing and branding innovation.

HeiQ is the leading innovation story teller in textile consumer goods. The company provides its clients with functional innovation, customized manufacturing and consumer branding. The company was founded in 2005 as a spin-off company of the Swiss Federal Institute of Technology.

Focus on product development

“We are excited to begin this joint venture with Chem-Tex, which will allow us to access the critical US distribution network and to better serve and support our customers in the Americas,” commented Carlo Centonze, CEO of HeiQ.

“We look forward to bringing our focus on customer service, product development, and short cycle times, to a long-term partnership that will benefit our existing customers as well as allow us to serve new ones”, commented Mike Smith, CEO of Chem-Tex Laboratories.

Chem-Tex Laboratories develops and manufactures specialty chemicals for the carpet, textiles, paper, coated fabrics, oil field recovery and specialty surfactants industries. Founded in 1974, Chem-Tex maintains a full-service research and development team with capabilities for organic and inorganic synthesis for custom formulating.

www.chemtexlaboratories.com