Austria-based fibre manufacturer Lenzing Group has announced a major restructuring programme that includes the closure of two production facilities, a workforce reduction of around 25 percent and fresh financing measures aimed at strengthening its financial position. The company said it plans
Lenzing Group, a leading supplier of regenerated cellulose fibers, announced a significant development: its main shareholder, B&C Group, has signed a long-term partnership with Brazilian pulp producer Suzano S/A. Under this agreement, Suzano S/A will acquire a 15 percent stake in Lenzing AG from B&C Group. Suzano, headquartered in Sao Paulo and recognized as the













