All Lenzing articles
-
ArticleLenzing sees profit rise in Q1 despite tough market conditions
The Austrian fiber specialist saw strong Q1 earnings growth as it continues to execute its cost-cutting program despite global trade uncertainty.
-
News briefsLenzing appoints new Supervisory Board Chair and members
Lenzing AG has refreshed its Supervisory Board leadership and reaffirms ESG-focused strategy during its 81st Annual General Meeting.
-
News briefsLenzing board member Walter Bickel resigns early
Walter Bickel has exceeded the transformation targets and is leaving prematurely; a new chairman of the supervisory board is also in prospect.
-
News briefsLenzing supports student research for more sustainability
The Austrian company opens applications for its 2025 Young Scientist Award, encouraging students to pioneer sustainable solutions for the fiber and textile industry.
-
News briefsLenzing reports growth in Q3, maintains 2024 financial outlook
The fiber technology specialist reports improved earnings and reaffirms its annual guidance amid challenging economic conditions.
-
News briefsLenzing and TreeToTextile partner for sustainable fiber innovation
Lenzing acquires a minority stake in the Swedish company to develop scalable, environmentally friendly cellulose fibers for the textile industry.
-
ArticlePulp producer Suzano acquires stake in Lenzing
B&C Group and Suzano S.A. have entered into a long-term partnership regarding B&C’s majority shareholding in Lenzing AG, the world’s leading supplier of cellulose fibers for the textile and nonwovens industry, which is listed on the Vienna Stock Exchange. The B&C Group consists of the holding companies of the Austrian ...
-
News briefsLenzing appoints Chief Transformation Officer
Lenzing AG has appointed Walter Bickel as a member of the Managing Board and Chief Transformation Officer, effective April 15, 2024, until Dec. 31, 2025. Bickel will be responsible for the further development and implementation of the performance program. This program was initiated by the Managing Board in fall 2023 ...
-
News briefsLenzing wants to make textile glacier covers more eco-friendly
Austrian Lenzing Group has presented an innovative concept that aims to contribute to the sustainable protection of our glaciers and, at the same time, stimulate a circular economy in the value chain of nonwovens and textiles. Geotextiles are used to protect ice and snow from melting due to global warming. ...
-
ArticleIcebreaker is 96.14% plastic-free, last 4% to follow soon
Source: Icebreaker Since 2018, the Icebreaker brand, which was founded in New Zealand in 1995, has been pursuing the goal of banning all synthetic fibers from its collection under the motto “Plastic-free by 23”. Six years later, the Merino pioneer has to admit that the ambitious goal ...
-
News briefsLenzing cuts 500 jobs
Lenzing plans to reduce global personnel costs by up to €30 million, or the equivalent of around 500 full-time jobs, by not filling positions that fall vacant due to retirements and natural attrition, as well as by job cuts. The move is part of a larger plan to achieve €100 ...
-
News briefsCoats Footwear and Lenzing Group to debut results of collaboration
Coats Footwear, the British multinational specializing in the manufacture of yarns and structural components for apparel and footwear and part of Coats Group, has collaborated with the Austrian-based Lenzing Group to create the footwear industry’s first synthetic-free engineered uppers and fabrics. With Lenzing, a leading global producer of cellulose-based ...
-
ArticleSödra and Lenzing receive largest EU LIFE subsidy for recycling project
In its largest funding ever, EU LIFE has granted €10 million for a project to scale up OnceMore®, an innovative, first-of-a-kind industrial-scale system for recycling of blended textile waste. The project is a collaboration between the Swedish Forest industry group Södra and the Austrian provider of specialty fibers Lenzing. Under ...
-
News briefsNew Lenzing process to eliminate discoloration from fibers
Lenzing has introduced a new processing solution to mitigate the discoloration and yellowing of seamless and light-colored cellulosic garments due to high-temperature heating. Discoloring and yellowing caused by high-temperature molding have traditionally been an issue during the garment production process. Lenzing’s proprietary solution is described as “the first in the ...
-
News briefsLenzing and textile machinery supplier Karl Mayer announce partnership
Karl Mayer Group, a German supplier of textile machinery, and Lenzing Group, the Austrian manufacturer of wood-based specialty fibers, have entered into a strategic partnership to create a more environmentally friendly textile value chain. The collaboration is intended to increase the proportion of plant-based, biodegradable and fossil-free materials used in ...
-
News briefsLaunch of major textile recycling project in Austria
A new industry consortium has inaugurated what has been described as “Austria’s largest textile recycling project.” Austrian companies and not-for-profit organizations have joined forces in the project, including fiber manufacturer Lenzing, Altstoff Recycling Austria (ARA), textile service provider Salesianer Miettex, Caritas Austria and Swedish pulp producer Södra – the only ...
-
News briefsLenzing remains confident despite bumpy first quarter
Austrian-based Lenzing Group’s Q1 2023 sales rose slightly by 1.3 percent year-on-year to €623.1m, primarily due to higher pulp sales, while fiber sales declined, the company said. Ebitda declined 66.2 percent year-on-year to €29.7 million in the first quarter, net income was €-64.9 million (compared to €34.1 million in Q1 ...
-
News briefsLenzing accelerates energy transition by purchasing biomass power plant
Austrian fiber producer Lenzing signed a contract to acquire the 43 MW biomass power plant of Energie 42 Beteiligungs GmbH in the Heiligenkreuz business park. The transaction is subject to regulatory approvals in particular and is expected to be completed in the second quarter of 2023. The strategic investment will ...
-
News briefsLenzing reduces managing board
Austria-based Lenzing Group has announced changes to its management board. As Robert van de Kerkhof, chief commercial officer fiber and member of the management board since 2014, will not be available for a further extension of his contract, which runs until Dec. 31, 2023, the company is reducing its management ...
-
ArticleLenzing releases its Sustainability Report 2022
Lenzing Group, the Austrian provider of specialty fibers, has published its Sustainability Report 2022. The report is titled “Advancing Circularity” to underline the company’s efforts to drive forward the transformation from a linear to a circular business model in the textile and nonwoven industries. The launch of ...
