(IN BRIEF) Lenzing Group has commissioned a 14 MW power-to-heat facility at its Austrian site, developed in collaboration with VERBUND, to convert surplus renewable electricity into process heat while supporting grid stability. The system can respond quickly to fluctuations in … Read the full press release →
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology
Tagged Austria energy, balancing energy market, clean energy transition, climate-neutral production, energy efficiency, fossil fuel reduction, Georg Kasperkovitz, grid stability, heat management, Industrial Decarbonization, industrial innovation, Lenzing Group, Michael Strugl, New 14 MW facility at Lenzing site highlights role of industry in stabilising renewable energy systems, power to heat facility, process heat, renewable electricity, renewable integration, sustainable industry, VERBUND
(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
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