(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) 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 and Swedish pulp producer Södra have received the ITMF Award 2023 in the “International Cooperation” category for their collaborative efforts in textile recycling and the circular economy. This recognition was presented at the ITMF Annual … Read the full press release
Posted in Austria, Awards, Environment, Industrial, Sweden, Technology
Tagged CHINA, Christian Schindler, circular economy, cotton, International Textile Manufacturers Federation, ITMF, ITMF Annual Conference, ITMF Award 2023, Keqiao, Lotta Lyrå, nonwovens, OnceMore®, polyester, pulp, pulp producer, REFIBRA™, Södra, specialty fibers, Stephan Sielaff, textile, TEXTILE RECYCLING, The Lenzing Group
(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) The Lenzing Group, a leading provider of specialty cellulose fibers for textiles and nonwoven industries, has attained certification from the prestigious EU Ecolabel for its fibers produced at the Indonesian facility in Purwakarta (PT. South Pacific Viscose). This … Read the full press release
(IN BRIEF) The Lenzing Group, a leading provider of specialty fibers for textiles and nonwovens, has invested over EUR 100 million since 2021 to upgrade its Purwakarta site in Indonesia. The company aims to convert existing production capacity to specialty … Read the full press release
(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
Posted in Apparel, Fashion & Beauty, Austria, Awards, Business, Environment, Industrial, Management, News
Tagged Awards, CSR Rating, EcoVadis, Lenzing Group, Platinum Status, Stephan Sielaff, sustainability
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