April 7, 2026
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Corporates

Coloreel Group AB Announces Bankruptcy Filing

Coloreel Group AB, the Swedish technology company renowned for its groundbreaking instant thread dyeing technology, has announced its filing for bankruptcy. The decision follows challenges in scaling business volume and securing necessary financing. Despite extensive discussions with financial investors and potential industrial partners, Coloreel has been unable to
Corporates

Indorama Ventures Names New Leaders For CPET Segment

Indorama Ventures Public Company Ltd, a global leader in sustainable chemicals, has announced new leadership appointments for its Combined PET (CPET) segment. Effective July 1, 2024, Yashovardhan Lohia will assume the role of Executive President of Petchem Special Projects. Concurrently, Muthukumar Paramasivam and Kumar Sambhaw Ladha have been appointed as Co-Presidents of
Corporates

Saurer Group Welcomes Hailin Xu

Effective 1 July 2024, Hailin Xu is the CEO of the Saurer Group, succeeding Dr. Uwe Rondé, who is leaving the company at his request. Hailin Xu joined the Saurer Group in 2018 as Senior Vice President and Managing Director of the Global Open End Product Line. Born in China and now a Swiss citizen, […]
Corporates

Eton Systems Opens New HQ In Borås To Boost Automation

Eton Systems, part of TMAS, has moved to new premises in Borås to meet the rising demand for its automated fabric and part handling solutions. Founded in 1967, Eton Systems revolutionized production with its overhead unit production system (UPS), now enhancing productivity across industries through advanced software management. CEO Jerker Krabbe said, “Our new Borås […]
Corporates

Samsara Eco Raises AUD $100 Mn To Scale Enzymatic Recycling

Samsara Eco announced the successful completion of its latest funding round, raising AUD $100 million (USD $65 million). The funding round was led by global investment company Temasek and Australian deep tech investment fund Main Sequence, with participation from new and existing backers, including Wollemi Capital, Lululemon, Hitachi Ventures, Titanium Ventures (formerly
Corporates

Fineotex Wins India’s Masters of Risk Award

Fineotex Chemical Ltd has been recognized as India’s Masters of Risk Business Continuity Management in the Midcap category by CNBC TV 18. The award was presented by S. Sandilya, Chairman of Eicher Motors, and  Latha Venkatesh, Executive Editor at CNBC TV 18. Aarti Jhunjhunwala, the Executive Director at Fineotex Chemical Limited, received the award on […]

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