(IN BRIEF) Lenzing Group has acquired a controlling majority stake in Swedish innovation company TreeToTextile AB through a share issuance, strengthening its position in sustainable, wood-based specialty fibers and securing access to a highly scalable next-generation fiber technology. The move … Read the full press release →
Posted in Austria, Business, Industrial, Investment, Management, News, Sweden, Technology
Tagged cellulosic fibers, demonstration plant, Dr. Roxana Barbieru, Georg Kasperkovitz, H&M Group, industrial scale production, Inter IKEA Group, Lenzing Expands Leadership in Wood-Based Specialty Fibers Through Strategic Investment in TreeToTextile, Lenzing Group, LSCS Invest, Lyocell, nonwovens, Nymölla, specialty fibers, Stora Enso, sustainable fibers, Sweden, textile innovation, TreeToTextile, viscose, wood-based fibers
(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 →
Posted in Apparel, Fashion & Beauty, Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Sweden, Technology
Tagged acquisition, Dr. Roxana Barbieru, Fiber Production, Lenzing, partnership, Rohit Aggarwal, sustainability, Sweden, textile industry, TreeToTextile
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