All Lenzing articles – Page 2
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ArticleAccelerating Circularity kicks off pilot recycling trials for cellulosic textiles
Source: ACPE Circular Supply Chain Accelerating Circularity Europe (ACPE) has launched cellulosic textile-to-textile trials in Europe as a continuation of the polyester textile-to-textile trials launched in mid-2022, with a vision to demonstrate what is possible with textile recycling at scale. The new trials focus on post-consumer textile ...
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ArticleLenzing’s results in FY22 were affected by challenging market conditions
Lenzing Group, the Austrian supplier of specialty fibers, saw its revenues increase by 16.9 percent year-on-year to €2.57 billion in the 2022 financial year, primarily due to higher fiber prices. The quantity of fiber sold decreased, while the quantity of pulp sold rose, said the company. In addition to lower ...
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News briefsLenzing and NFW team up for new Mirum leather alternatives
U.S. company Natural Fiber Welding (NFW) and Lenzing have partnered for a new option in the NFW plastic-free Mirum materials (leather alternatives that are made from natural rubber, plant and mineral pigments). The new Mirum x Tencel features a new backer option that is made from Lenzing’s Tencel fibers – ...
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News briefsRenewcell posts triple-digit sales growth in FY22
Renewcell, the Swedish dissolving pulp manufacturer, reported net sales of 12.6 million Swedish kronor (€1.1m) for the full year to Dec. 31, 2022, up from SEK 2.8 million (€253K) in the previous year. Through its patented process, the company produces a dissolving cellulose pulp known as Circulose from 100 percent ...
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News briefsLenzing and Södra partner with Riopele to advance circularity
Lenzing, the Austrian supplier of specialty fibers, has announced “the next major milestone” in its strategic partnership with Sweden’s pulp producer Södra to promote circularity in fashion. Together with Riopele, a Portuguese fabric manufacturer, the two companies are developing textiles made from recycled and sustainably produced materials for a spring/summer ...
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News briefsThe nominees for Cellulose Fiber Innovation of the Year 2023
Six companies have been nominated for the “Cellulose Fibre Innovation of the Year 2023” award, which has reached its third edition. The award will be presented at the “Cellulose Fibers Conference 2023” on March 8-9, 2023, in Cologne, organized by the independent German research institute nova-Institute. The six nominees are ...
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News briefsLenzing adjusts earnings forecast for 2022
The Lenzing Group is adjusting its earnings forecast for the 2022 financial year due to one-time effects related to the accelerated savings program (set up in the third quarter due to the deteriorated market environment and the earnings development) and currency effects and a further deterioration of the market environment. ...
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News briefsLenzing rated AAA in annual CDP sustainability ranking
As one out of twelve companies rated with the highest ranking globally, Austrian fiber specialist Lenzing AG received the “AAA” grade from the nonprofit organization CDP. Each of the A’s ticks a box for the three pillars climate change, forests and water security. For Lenzing, this is the second time ...
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News briefsLenzing Group and Renewcell sign large-scale supply agreement
Austrian specialty-fibers manufacturer The Lenzing Group and Renewcell, the Swedish textile-to-textile recycling company, have signed a multi-year supply agreement. According to Renewcell, the agreement provides for the sale over five years of 80,000 to 100,000 tons of Renewcell’s 100 percent recycled textile Circulose dissolving pulp to Lenzing, for use in ...
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News briefsLenzing Ecovero reaches production milestone
Lenzing Group, the Austria-based producer of wood-based specialty fibers including Tencel, Lenzing, and Ecovero, has announced that the production of its Ecovero-branded viscose fibers has reached over 300,000 tons since the brand’s launch in 2017. While celebrating this milestone, the company added that it is looking at even higher capacity ...
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News briefsLenzing expands E-Branding Service features for its value chain partners and brands
Lenzing Group, the Austria-based producer of wood-based specialty fibers including Tencel, Lenzing, and Ecovero, has announced the release of a suite of new features on its Lenzing E-Branding Service platform. Users will be able to make use of new features such as Artwork Approval, a Fiber Blending Quick Check Tool, ...
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News briefsNew CISUTAC consortium welcomes Lenzing, Decathlon and others
The newly founded consortium Circular and Sustainable Textile and Clothing (CISUTAC) already has 23 active members. Among them are Austrian fiber supplier Lenzing, Decathlon, the European Apparel and Textile Confederation (EURATEX), the Global Texile Scheme (GTS) and Oxfam. CISUTAC sets out to remove current bottlenecks along the textile supply chain ...
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News briefsGlobetrotter, Ortovox and Lenzing are finalists for the German Sustainability Award
For the 15th time, the Stiftung Deutscher Nachhaltigkeitspreis e.V. (German Sustainability Award Foundation) is presenting one of Europe’s best-known awards for social and ecological commitment. This year’s finalists in the corporate competition include the Hamburg-based outdoor retailer Globetrotter (category “Resources”) and the specialist for alpine emergency equipment, technical clothing with ...
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ArticleLenzing suspends 2022 earning outlook over market deterioration
The Lenzing Group has announced that, because of “the drastic deterioration of the market environment in the current quarter,” it has suspended its guidance for the development of earnings in the 2022 financial year. The specialist fiber manufacturer specifically referred to “the extremely low visibility on the demand side and ...
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News briefsLenzing switches to green electricity also at its Chinese site
The Lenzing Group is gradually transitioning to green energy at its production site in Nanjing. This will allow its Chinese subsidiary Lenzing Nanjing Fibers to use electricity derived only from renewable sources from 2023 onwards. The transition will also reduce the site’s carbon emissions by 100,000 tons annually, the company ...
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ArticleLenzing sees Austrian site at risk due to energy costs, politics and shortage of skilled workers
Stephan Sielaff, the CEO of fiber manufacturer Lenzing AG, sees Austria as an attractive production location - but also as a vulnerable one. “Gas prices are high in Austria, but not in China. If we can no longer cover our costs, at some point, it will be the end of ...
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ArticleLenzing sees “significantly higher” Ebitda as H1 revenues jump
Specialist fiber maker Lenzing Group said it expected annual Ebitda to be significantly higher after reporting a 25 percent jump in half-year revenue, driven by higher fiber prices. The company said revenue in the six months to June 1 rose to €1.3 billion, compared with £1.03 billion a year earlier. ...
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News briefsLenzing partners with Red Points on IP protection
Lenzing, the global producer of wood-based specialty fibers, has announced a new partnership with Red Points, the specialist in online brand protection, to fight counterfeits and protect its customers. The partnership will help Lenzing strengthen its current brand protection efforts globally and help monitor brand services. Red Points automatically uses ...
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News briefsHoudini launches new circular collection developed with Woolmark, Tencel and Südwolle
The Swedish brand Houdini has announced the launch of a new sub-collection within its range, designed for circularity. Called The New Naturals, the collection offers products from base to shell layers. Its fabrics are all made from bio-based fibers, developed by Houdini in partnership with Lenzing (which is contributing its ...
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News briefsLenzing joins Together for Sustainability initiative
Lenzing, the global producer of dissolving wood pulp and cellulosic fibers, has joined Together for Sustainability (TfS). This industry initiative aims to make the global supply chains of the chemical industry sustainable. The 37 TfS member companies, including Lenzing, represent over US$500 billion in global turnover. As a new initiative ...
