(IN BRIEF) Lenzing AG has selected ANDRITZ to supply a complete debarking and chipping line for its pulp mill in Austria. The new line is scheduled to start up in the fourth quarter of 2027 and will be capable of … Read the full press release
(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 expanded its photovoltaic capacity at its Austrian headquarters with the commissioning of a new 1.3 MWp plant in partnership with VERBUND, raising the site’s total PV output to 8.3 MWp. This move strengthens the company’s … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Technology
Tagged Austria, Biomass, Christian Skilich, climate protection, Energy Independence, energy transition, hydropower, Lenzing Group, Martin Wagner, net zero target, Paris Agreement, partnership, photovoltaic expansion, renewable energy, SBTi, Science Based Targets initiative, solar energy, sustainability, VERBUND, wind energy
(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
Posted in Apparel, Fashion & Beauty, Austria, Business, Environment, Industrial, Management, News
Tagged appointment, CEO, Cord Prinzhorn, leadership, Lenzing Group, Rohit Aggarwal, Stephan Sielaff
(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
Posted in Apparel, Fashion & Beauty, Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged acquisition, B&C Group, Lenzing Group, partnership, São Paulo, Stephan Sielaff, sustainability, Suzano
(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
Posted in Austria, Awards, Business, Environment, Industrial, Management, Media, News, Science, Technology
Tagged Awards, fiber, Gert Kroner, INNOVATION, Lenzing Group, sustainability, textile industry, Young Scientist Award
(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
Posted in Apparel, Fashion & Beauty, Business, Economy, Environment, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, Lenzing Group, Nico Reiner, Stephan Sielaff, sustainability
(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
Posted in Apparel, Fashion & Beauty, Austria, Business, Economy, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, Lenzing Group, Nico Reiner, Stephan Sielaff
(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
Posted in Austria, Environment, Industrial, Security & Safety
Tagged cellulosic fibers, ClimatePartner, fibers, flame resistant, Lenzing Fiber Identification System for LENZING™ FR, Lenzing Group, LENZING™ FR fibers, material transparency, Oliver Spöcker, protective garments, protective wear, quality assurance, traceability
(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
Posted in Apparel, Fashion & Beauty, Austria, Business, Environment, Industrial
Tagged branded fibers, Dennis Hui, fabric innovation, fiber, HIROFUMI Inagaki, Japanese denim manufacturer, Kaihara, Kaihara x TENCEL™ Denim Week, Lenzing Group, Lyocell, Modal, sustainable fashion, Tencel™, wood-based specialty fibers
(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
(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
Posted in Austria, Chemicals, Environment, Industrial, Switzerland
Tagged acetic acid, Axel Rosener, beech wood, biobased acetic acid, biorefinery, botanic fibers, carbon neutral LENZING™ Acetic Acid Biobased, Chemspec Europe 2023, ClimatePartner, Dr. Josef Miklautsch, Evonik, Lenzing Group, LENZING™ Acetic Acid Biobased, pulp, Speyer & Grund Group, sustainability, wood-based specialty fibers
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
Posted in Austria, Industrial
Tagged acquisition, CHINA, fibers, Lenzing Group, Nanjing, NCFC, specialtyfibers
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
Posted in Austria, Business, Chemicals, Financial
Tagged Lenzing Group, Stefan Doboczky
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
Posted in Austria, Business, Chemicals, Financial, Industrial, Management
Tagged Angelika Guldt, excelLENZ, Lenzing Group, Stephanie Kniep, TENCEL® plant in Lenzing
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
Posted in Austria, Business, Financial, Industrial
Tagged EBITDA, fiber, First Quarter 2013, Lenzing, Lenzing Group, man-made cellulose fibers, Q1 2013 Results