Tau Announces Two Investments In Innovative, Eco-Friendly, Textile Dyeing Technology
08/24/22, 7:40 PM
Location
new yorkNew York- and Hong Kong-based TAU Investment Management, LLC, today announced agreements for two simultaneous investments in highly sustainable, waterless textile dyeing. A special purpose vehicle formed and managed by TAU will acquire significant interests in both DyeCoo Textile Systems, B.V., and CleanDye Holding, B.V., as part of TAU's strategy to invest in the sustainable, transparent and responsible supply chains of the future.
Company Info
Location
new york, united states
Additional Info
Today, the dyeing and treatment of textiles is responsible for fully 20 percent of industrial water pollution globally. DyeCoo's patented DyeOx technology allows for waterless and chemical-free textile dyeing, making it a valued partner to some of the world's largest retailers and leading global manufacturers who are also committed to DyeCoo's sustainable technology.