Lenzing

(IN BRIEF) Covestro has appointed Monique Buch as its new Chief Commercial Officer (CCO), effective June 1, 2025. Buch, an experienced B2B executive with a strong international background, will succeed Sucheta Govil, who has served as CCO since 2019 and … Read the full press release →

(IN BRIEF) The Lenzing Group, a leading provider of regenerated cellulose fibers, has announced its acquisition of a minority stake in the Swedish company TreeToTextile AB. This collaboration, which includes existing shareholders such as H&M Group, Inter IKEA Group, Stora … Read the full press release →

(IN BRIEF) The Lenzing Group has appointed Rohit Aggarwal to the Management Board, where he will initially oversee the fiber division and later succeed Stephan Sielaff as CEO when Sielaff’s contract expires in March 2025. Aggarwal brings decades of experience … Read the full press release →

(IN BRIEF) The Lenzing Group announces a significant partnership as its main shareholder, B&C Group, and Brazilian pulp producer Suzano S/A sign a long-term agreement regarding Lenzing’s majority stake. Suzano will acquire a 15 percent stake from B&C Group, marking … Read the full press release →

(IN BRIEF) The Lenzing Group announces the Lenzing Young Scientist Award at the Dornbirn Global Fiber Congress (GFC) from September 11 to 13, 2024, aimed at bachelor and master students focusing on ecological challenges in the fiber and textile industry. … Read the full press release →

(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 →