#Making-Up

2021-08-19

Coloreel appoints new CEO

In alignment with Coloreels extensive and international growth strategies a new CEO has been appointed, Torbjörn Bäck. With previous experience from various senior positions at companies such as Camfil, Nederman and IBM. Torbjörn will steer Coloreel and its unique patented technology for digital dyeing of textile thread on-demand into a prosperous growth journey.

The Board of Directors of Coloreel has appointed Torbjörn Bäck as CEO starting Aug 9, 2021. He will succeed Mattias Nordin who will transition to a new roles within Coloreel as Senior Vice President Business Development. “We like to take the opportunity to thank Mattias for his great contribution during his four years as CEO” says Anders Persson, Chariman of the Board.

Torbjörn Bäck most recently came from the role as President of Camfil Northern Europe, an international manufacturing group with world leading technology. Prior to this, Torbjörn was Senior Vice Persident for Nederman in Asia Pasific. From his previous career, Torbjörn has a long industrial experience from sales and marketing, product management including hands on leadership experience for how to create growth for products and innovative companies.

“After a thorough search process, we are pleased that Torbjörn has agreed to join Coloreel. Torbjörn is a highly experienced and trusted senior leader with strong international experience. The Board and I are convinced that Torbjörn is the right person to lead Coloreel to the next level of our scale up and international expansion” Anders adds.

Torbjörn, who has already started his Coloreel journey comments:

"I am very exited to join Coloreel. Our strong offering for high-quality digital dyeing of textile thread on-demand will fundamentally change the textile and embroidery industry. I look forward to work with the entire organization and our partners to execute on the strategy and to grow Coloreel. The fact that our products enables sustainable and stunning fashion and apparel details makes me proud and exited about the journey ahead."

Torbjörn Bäck, CEO Coloreel (c) 2021 Coloreel

Coloreel Group AB files for bankruptcy

Coloreel Group AB, a pioneering Swedish technology company known for its instant thread dyeing technology, today announced that it has filed for bankruptcy. The decision comes after the company's inability to develop its business volume quickly enough and, related to this, secure the necessary financing.

Precision at the Forefront: Groz-Beckert at ITMA Asia 2024

As ITMA Asia 2024 approaches, Groz-Beckert is set to unveil a range of cutting-edge innovations in textile machinery components. From October 14-18, 2024, visitors can expect a showcase of the company’s latest developments in knitting, weaving, nonwovens, tufting, sewing, and spinning at Hall 4, Booth C04. With a focus on precision and performance, Groz-Beckert’s offerings align with the growing demand for enhanced efficiency and sustainability in textile production.

Commission presents proposal for EU Inc. - unlocking the full potential of the Single Market for Europe's entrepreneurs

Today, the European Commission presented its proposal for EU Inc., a new single set of corporate rules, building the cornerstone and starting point for the EU's 28th regime. EU Inc. is an optional, digital-by-default European corporate framework. It will make it easier for businesses to start, operate and grow across the EU – incentivising them to stay in Europe, and encourage those who once looked elsewhere to return.

OnceMore® from Södra brings end-to-end traceability for circular Man-made Cellulosic Fibers (MMCF) using TextileGenesis

OnceMore® from Södra, the world’s first large-scale process for recycling blended fabrics into high‐quality dissolving pulp, will begin using TextileGenesis, a Lectra company, to strengthen traceability from raw material to retail across the value chain. OnceMore® produces dissolving pulp made from blended textile waste and wood sourced from responsibly managed Swedish forests. By integrating TextileGenesis, OnceMore® supports the growing need for verified data and secure, transparent tracking throughout increasingly complex supply chain.

Experts publish APAC policy priorities

Cascale today announced the publication of its APAC Policy Priorities Paper, developed by the Asia-Pacific (APAC) Policy Member Expert Team (MET) to identify key regional sustainability challenges and provide practical, aligned recommendations for policymakers and industry stakeholders across Asia-Pacific.

Temco launches a new DTY all-in-one solution

Temco introduces the DTY All-in-One Solution – a fully harmonized set of components engineered to give customers a highly stable, low maintenance and reproducible process environment. The solution reduces interruptions, extends component lifetimes and supports consistent yarn quality across all machine positions. All-in-One Solution – a fully harmonized set of components engineered to provide maintenance and reproducible process environment.