Kelheim Fibres GmbH has announced that it will terminate business operations as of March 31, 2026, following an unsuccessful attempt to secure a strategic investor. Despite restructuring efforts and support from many customers, the company was unable to secure sufficient orders to ensure an

Sangam (India) Ltd has entered into a share purchase agreement to acquire a 49% equity stake in Clean Max Kenai Pvt Ltd, a renewable energy company, as part of its strategy to expand captive green power capacity for its Rajasthan-based manufacturing operations. The acquisition, disclosed under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements, […]

Eurofins Consumer Product Testing Lanka Pvt Ltd has signed a Memorandum of Understanding (MoU) with the Sri Lanka Apparel Exporters Association (SLAEA) to strengthen testing, sustainability and capability development across the country’s apparel sector. The MoU was signed on Thursday, January 29, 2026, in Colombo, by Rajitha Jayasuriya, Chairperson of SLAEA and Dr Karthik

Karl Mayer has announced the opening of its new Textile Innovation Center (TIC), reinforcing its commitment to advancing textile innovation and creating new growth opportunities for the global textile industry. The state-of-the-art facility brings together the latest developments in warp knitting, technical textiles and warp preparation, the company’s core areas of