Tag Archives: Lenzing Group

Lenzing Group Reports Stable Revenue Amid Economic Challenges in 2023

(IN BRIEF) Despite facing subdued demand and escalating raw material costs, the Lenzing Group, a global leader in regenerated cellulosic fibers, maintained stable revenue at EUR 2.52 billion in 2023. The company’s EBITDA surged by 25.4% to EUR 303.3 million, … Read the full press release

Lenzing Group Reports Q3 2023 Results Amidst Challenging Market Conditions

(IN BRIEF) The Lenzing Group, a global supplier of specialty fibers for textiles and nonwovens, has reported its Q3 2023 results, reflecting ongoing challenges in the market. The company’s revenue for the first three quarters of the year decreased by … Read the full press release

Protective Wear Gets a Transparency Boost with Lenzing’s Fiber System

(IN BRIEF) Lenzing Group, a global leader in wood-based specialty fibers, is introducing innovations in protective wear. They’ve developed the Lenzing Fiber Identification System to enhance material transparency and traceability for their LENZING™ FR (flame resistant) cellulosic fibers. This system … Read the full press release

Kaihara and Lenzing Celebrate Three-Decade Partnership with Denim Innovation

(IN BRIEF) Lenzing Group, a global producer of wood-based specialty fibers, and Kaihara, a Japanese denim manufacturer, have formed a groundbreaking partnership to redefine denim fashion on a global scale. Leveraging TENCEL™ branded fibers, their collaboration aims to cater to … Read the full press release

Lenzing Group Earns Coveted Platinum Status in EcoVadis CSR Rating for Third Time

(IN BRIEF) The Lenzing Group, a leading provider of specialty fibers for the textile and nonwoven industries, has received platinum status in the EcoVadis CSR rating for its exceptional performance in corporate social responsibility. The rating covers key areas like … Read the full press release

Sustainable Fashion Advancement: Lenzing Group Transforms Traditional Dyeing Process

(IN BRIEF) Lenzing Group Revolutionizes Textile Dyeing Process for Sustainable Garments Austria-based Lenzing Group, a global leader in wood-based specialty fibers, introduces an innovative approach that reduces environmental impact in textile dyeing and finishing. The one-step dyeing process significantly cuts … Read the full press release

Lenzing Takes Step Towards Net Zero Emissions with New Carbon Neutral LENZING™ Acetic Acid Biobased

(IN BRIEF) Lenzing Group is celebrating the 40th anniversary of its biorefinery and co-product brand LENZING™ Acetic Acid Biobased, which is a leading and trusted provider of biobased acetic acid. To mark the occasion, Lenzing is introducing its first carbon … Read the full press release

Lenzing Group to acquire the remaining 30 percent of its Chinese subsidiary Lenzing (Nanjing) Fibers Co. Ltd. (LNF) from its state-owned joint venture partner NCFC

Important step for further growth with specialty fibers Transaction generates negative impact on net profit of approx. EUR 21 mn Lenzing Group will hold 100 percent of Lenzing (Nanjing) Fibers Co. Ltd. after closing LENZING, Austria/ NANJING, China, 26-Oct-2018 — … Read the full press release

Lenzing Group 1-9 months 2015: 7.4% increase of consolidated revenue; EBITDA up 31.7% YoY

LENZING, Austria, 18-11-2015 — /EuropaWire/ — In the third quarter of 2015, the Lenzing Group continued the positive development of the first two quarters of the year. Earnings improved substantially compared to the first nine months of the previous year. Consolidated revenue … Read the full press release

Lenzing Group reports Q1/2014 financial results

Lenzing Group: Difficult Market Situation Continued in Q1/2014 – Countermeasures Have a Positive Impact New record sales volume of 235,000 tons (+9%) in Q1/2014 Declining average fiber selling prices burden consolidated sales and earnings Cost optimization program excelLENZ exceeds targets … Read the full press release

Lenzing Group announced Q1 2013 results, unchanged guidance for the entire year 2013

Difficult Market Environment in the First Quarter of 2013 as Expected Weak fiber selling prices, Lenzing counteracts trend with cost savings EBITDA of EUR 64.5 mn above expectations 27-5-2013 — /europawire.eu/ — The ongoing difficult market environment for man-made cellulose fibers … Read the full press release