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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 have no impact full-year EBITDA 2023 but do affect EBIT Managing Board is specifying previous earnings...

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™

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 biodegrade sea-surface conditions remarkably short time. In

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 wood pulp performed better than expected. Raw costs were still at an elevated albeit decreasing leve...

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 on fossil energy at production site Heiligenkreuz. Around 50 percent natural gas currently used can ...