Financial Results

Lenzing More Than Doubles H1 2026 Net Profit

Textile Insights August 6, 2026

The Lenzing Group reported a significant improvement in profitability during the first half of 2026, with net profit more than doubling to EUR 35.6 million compared to EUR 15.2 million in the corresponding period last year. The company also improved free cash flow to EUR 45.8 million, despite

Corporates

Grasim Industries To Invest Rs 3,094 Crore In Lyocell Capacity Expansion

Textile Insights June 9, 2026

Grasim Industries Ltd., the flagship company of the Aditya Birla Group and a global leader in cellulosic fibres, has announced a fresh investment of Rs 3,094 crore to expand its Lyocell fibre capacity at Harihar, Karnataka. The investment will fund Phase II of the company’s Lyocell expansion project, adding 110,000 tonnes per annum (TPA) of […]

Financial Results

Grasim Sees Textile Recovery, Fibre Profit Hit

Textile Insights November 10, 2025

Grasim Industries reported a mixed performance in its cellulosic fibres and textiles businesses for Q2FY26, with the cellulosic fibres segment facing profitability pressure, while the textiles business saw demand revival supported by festive season sales. In the cellulosic fibres segment (cellulosic staple fibre and cellulosic fashion yarn), global market conditions

Corporates

Grasim Appoints Vadiraj Kulkarni As Cellulosic Fibres Head

Textile Insights August 28, 2024

Grasim Industries Limited has named Vadiraj Kulkarni as the Business Head (Designate) for its Cellulosic Fibres division, effective October 1, 2024. Harikrishna Agarwal will remain the Managing Director of Grasim Industries and Business Director for Cellulosic Fibres, ensuring a smooth leadership transition over the coming months, with Kulkarni gradually assuming his new

Fibre

Lenzing Fibres Made Geotextiles Protect Glaciers From Melting

Textile Insights March 23, 2024

The Lenzing Group, a supplier of regenerated cellulose fibre has created a unique, innovative concept that contributes to the sustainable protection of our glaciers. “It also inspires collective action for sustainable practices and a circular economy in the nonwovens and textile value chain,” Lenzing informed in a press release. The presentation titled ‘Glacial Threads: