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Corporates

Lenzing Invests EUR 15 Million To Strengthen Its Position In the Global Hygiene Market

The Lenzing Group has announced a fresh EUR 15 million investment to expand production capacity for its premium VEOCEL™ Viscostar viscose fiber at its Lenzing site in Austria. The expansion marks another milestone in the company’s long-term strategy to strengthen its footprint in the global hygiene segment, with a clear focus on sustainability, quality and […]
Corporates

Germany’s KAST, Saudi Arabia’s KAI Join Forces To Launch Bahrain-Based Technical Textiles Venture

Germany’s KAST GmbH & Co., and Saudi Arabia’s Khalifa A Abdulrahman Algosaibi Investment Company (KAI) have unveiled a new joint venture, KAST, headquartered in Bahrain, marking a major step toward strengthening regional manufacturing of advanced reinforcing textiles. Announced during the Gateway Gulf 2025 investment forum, the partnership is designed to position KAST