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January 28, 2024
21st Austria weekly - Lenzing Andritz Vienna Airport 23/01/2024 [pic1]Lenzing: The annual valuation of assets in accordance with IFRS for the entire Lenzing Group both nationally and internationally has resulted a projected asset impairment up to EUR 480 million 2023 financial year. reasons requirements are on one hand continued uncertainties economic environment and other still increased raw material energy costs as well higher interest rate environment. losses are non-cash effective hav...
September 24, 2023
21st Austria weekly - Lenzing Valneva Kapsch TrafficCom 21/09/2023 [pic1]Lenzing: The Lenzing Group an Austrian based world-leading provider of specialty cellulose fibers for the textile and nonwoven industries has received certification from internationally recognized EU Ecolabel its at Indonesian site. This means that produced in Purwakarta PT. South Pacific Viscose meet high environmental standards. product portfolio thus expands qualifies production Lenzing™ Ecovero™
June 4, 2023
21st Austria weekly - Lenzing VIG Strabag Palfinger 31/05/2023 [pic1]Lenzing: The Lenzing Group a world-leading provider of specialty fibers for the textile and nonwoven industries has received further scientific proof that are biodegradable in ocean revert to being part ecosystem at end their life cycle. Scientists prestigious academic research institute Scripps Institution Oceanography SIO University California San Diego confirmed back 2021 Lenzing™ Lyocell completely biodegrad...
May 7, 2023
21st Austria weekly - Lenzing FACC 03/05/2023 [pic1]Lenzing: The business performance of the Lenzing Group a leading global supplier specialty fibers for textile and nonwovens industries during first quarter 2023 largely reflected market trends. However after environment had deteriorated significantly in third fourth quarters previous year signs recovery emerged terms demand as well raw material energy costs. Textile recorded moderate but steadily improving demand. Business with dissolving ...
April 30, 2023
21st Austria weekly - Lenzing Andritz Amag Warimepx Strabag Polytec 27/04/2023 [pic1]Lenzing: Lenzing Group a world-leading provider of specialty fibers for the textile and nonwovens industries signed contract acquisition 43 MW biomass power plant Energie 42 Beteiligungs GmbH located in Heiligenkreuz business park Burgenland. The execution transaction is particular subject to regulatory approvals expected second quarter 2023. This strategic investment will significantly reduce dependence ...
March 12, 2023
21st Austria weekly - Lenzing voestalpine 09/03/2023 [pic1]Lenzing: Lenzing: In the year under review revenue of fiber group Lenzing increased by 16.9 percent year-on-year to reach EUR 2.57 bn primarily as a result higher prices. The quantity sold decreased while pulp rose. addition lower demand earnings trend particularly reflects increase in energy and raw material costs. Earnings before interest tax depreciation amortization EBITDA decreased 33.3 241.9 mn 2022. net for was minus 37.2 c...
February 26, 2023
21st Austria weekly - Lenzing Andritz Valneva UBM Frequentis 20/02/2023 [pic1]Lenzing: Austrian based fibers producer Lenzing has teamed up with NFW Natural Fiber Welding Inc. to offer TENCEL™ branded as another backer option for NFW’s patented plant-based technology MIRUM®. The MIRUM® x collaboration will be showcased the first time in Milan Italy during international leather fair LINEAPELLE
December 11, 2022
21st Austria weekly - Lenzing FACC 06/12/2022 [pic1]Lenzing: The Lenzing Group the world’s leading supplier of sustainably produced specialty fibers and Renewcell Swedish textile-to-textile recycling pioneer have today signed a multi-year supply agreement to accelerate transition textile industry from linear circular business model. contains sale 80 000 100 000 tonnes Renewcell’s 100 per cent recycled Circulose® dissolving pulp over five-year period for use in p...
December 11, 2022
21st Austria weekly - Lenzing FACC 09/12/2022 [pic1]Lenzing: The Lenzing Group a provider of specialty fibers for the textile and nonwoven industries is set to present Young Scientist Award outstanding research in field textiles again 2023. Bachelor’s master’s degree students will have opportunity submit their scientific work categories fashion circularity recycling innovative use biobased jury well-known industry experts.Lenzing: performance: -3.24% FACC: Starting next ...
October 2, 2022
21st Austria weekly - Lenzing S Immo Strabag FACC 27/09/2022 [pic1]Lenzing: Lenzing Group Austrian based provider of sustainably produced specialty fibers has been awarded platinum status in the CSR rating from EcoVadis. This comprehensive assessment covers four key practices corporate social responsibility: environment fair working conditions and human rights ethics sustainable procurement.Lenzing: performance: -10.14% Immo: Real estate company Immo received both Bronze Award Most Impro...