All Lenzing articles – Page 4
-
News briefsLenzing Q3 revenues drop, positive trend expected for Q4
During the first three quarters of 2020, the Lenzing Group successfully responded to the extremely difficult market environment of increased price and volume pressure due to the Covid-19 crisis by implementing a broad package of measures. An increasing demand toward the end of the third quarter, especially for wood-based ...
-
News briefs
Lenzing wins Austria's state prize for innovation
The Lenzing Group has won Austria’s annual State Prize for Innovation for its Lenzing Web Technology , a production technique that combines fiber and nonwovens in a single step. By Lenzing’s account, the technique could reduce the amount of non-biodegradable fossil-fuel-derived materials (polyesters, for example) in disposable hygiene ...
-
News briefsLenzing helps found sustainable-carbon initiative
Lenzing has just helped found the Renewable Carbon Initiative (RCI) , which hopes by 2050 to replace fossil carbon with renewable carbon – from biomass, CO2, recycled materials and other sources. Overall the RCI will be creating cross-industry platforms to demonstrate the feasibility of renewable carbon, lobbying for changes ...
-
News briefsNew Tencel fibers receive CarbonNeutral certification
Under the Tencel brand, the Austrain firm Lenzing is releasing Lyocell and Modal fibers that have received CarbonNeutral® certification. In other words, they comply with the carbon-neutral protocol set up – originally in 2002 – by Natural Capital Partners . In Lenzing’s summation, “the emissions associated with ...
-
ArticleCompanies are starting to switch from sea and air to rail to ship to and from China
A train loaded with Lenzing fibers, which left Vienna, Austria, on Aug. 20, reached its destination, the Xinzhu station in Xi’an, China, after only 16 days. The train, which carried 41 containers of Tencel™ Lyocell and Modal fibers with a total value of €1.8 million, covered a ...
-
News briefsLenzing sends goods worth €1.8 million by train from Vienna to China
A train with goods exclusively “Made in Austria” left Vienna toward China on Aug. 20. The train loaded with Lenzing fibers and provided by Nunner Logistics was the first train in the history of Austria carrying products 100 percent produced in Austria directly to China. In strict ...
-
ArticleLenzing's H1 sales collapse due to Covid-19
Lenzing , the Austrian fiber specialist, recorded a significant drop in sales for the first half of fiscal 2020. Since fiber prices came under intense pressure due to the Covid-19 crisis and demand for textile fibers dropped significantly in recent months, sales declined by 25.6 percent to €810.2m. A slightly ...
-
News briefs
Lenzing receives third EcoVadis gold status in a row
For the third consecutive year, the Lenzing Group , the Austrian producer of sustainable specialty fibers, was awarded the gold status in the CSR rating by EcoVadis , a provider of sustainability ratings for companies, intelligence and collaborative tools for performance improvement in global supply chains. The methodology framework assesses ...
-
News briefs
Lenzing pays no dividend for 2019, elects Harris-Jensbach to the board
During Lenzing ’s annual general meeting (AGM), which was held via livestream due to the Covid-19 pandemic, the decision was made not to distribute a dividend for the 2019 financial year (compared to €5 per share in the previous year). The Austrian fiber producer’s AGM also adopted a resolution discharging ...
-
ArticleLenzing focuses on specialty fibers to achieve sustainable growth
Due to a “historically difficult” market environment in 2019, Lenzing posted lower revenues and earnings for 2019. Sales reached €2,110 million, down by 3.3 from the previous year, hampered by lower selling prices and standard fiber volumes, the company said. The Ebitda margin narrowed by 2.1 percentage points to ...
-
News briefs
Changes in Lenzing's management board
(SGI) Lenzing , the producer of cellulosic fibers, is switching out one member of its management board and expanding it by one seat. On March 1, Stephan Sielaff , Lenzing’s new chief technology officer, will take the seat vacated late last year by Heiko Arnold , who has left ...
- Previous Page
- Page1
- Page2
- Page3
- Page4
- Next Page
