The Lenzing Group, a leading supplier of regenerated cellulose fibres for the textile and nonwoven industries, secured first place in the prestigious 2024 Hot Button Ranking by the Canadian non-profit organization Canopy. Lenzing improved its score from 32 to 33 out of 40, earning a spot in the
The Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, has achieved platinum status in EcoVadis’ CSR rating for the fourth consecutive year. This top-tier recognition places Lenzing in the top 1% of companies globally evaluated by EcoVadis, which assesses corporate social responsibility across environment, fair
The Supervisory Board of Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, has appointed Rohit Aggarwal as a new member of the Management Board. He will assume responsibility for the fiber division during the third quarter. Following Stephan Sielaff’s departure, Aggarwal will take over as CEO of Lenzing […]
Lenzing Group has teamed up with Diane von Furstenberg (DVF) to introduce TENCEL™ and LENZING™ ECOVERO™ branded fibers into mainstream fashion. These fibers, sourced from sustainably managed wood, are featured prominently in DVF’s latest collections of everyday fashion and accessories, available globally in both online and physical stores. The collaboration highlights a
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
Lenzing Group revenues rose by 5.7 percent year-on-year to €658.4 million in the first quarter of 2024, which it attributed to higher fibre sales volumes. Earnings before interest, tax, depreciation and amortization (EBITDA) more than doubled to €71.4 million in the reporting period compared with €29.7 million in the first quarter of 2023. “The operating […]
Taking persistently low fibre prices into consideration, revenue at Lenzing remained comparatively stable at €2.52 billion in 2023 compared with €2.57 billion in 2022. “Very subdued demand on the one hand and the continued rise in raw material and energy costs on the other, exerted a strongly negative impact on the earnings,” the producer of […]
Lenzing’s leading textile brand for lyocell and modal fibres, Tencel exhibited at the 6th edition of Tencel x Intimasia exhibition, marking a significant advancement in India’s intimate wear industry. According to a Lenzing press release, the demand for Tencel as well as Lenzing Ecovero viscose fibres has been increasing rapidly in the Indian intimate wear […]
The Lenzing Group has again been recognised for performance on climate change, forests and water security by global environmental non-profit CDP, securing a place on its annual ‘A List’ for third time. Based on data reported through CDP’s 2023 Climate Change, Forests and Water Security questionnaires, Lenzing is one of the only 10 companies that […]
To meet increasing demand among brands and consumers for plastic-free materials and ingredient transparency, Veocel, the flagship specialty nonwovens brand of Lenzing showed Lyocell Dry fibre at Hygienix 2023. Lenzing Lyocell Dry fibre which is not classified as plastic according to EU SUPD, meets the growing interest for plastic-free nonwoven products across the industry