Corporates

Lenzing Group Appoints Rohit Aggarwal As New CEO

June 28, 2024

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

Sustainability

DVF Teams Up With Lenzing For Sustainable Fashion Revolution

June 21, 2024

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

Corporates

Suzano S/A Acquires 15% Stake In Lenzing Group

June 14, 2024

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

Financial Results

Q1 Lenzing Group Revenues Increase 5.7% To €658.4 Million

Textile Insights May 9, 2024

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 […]

Financial Results

2023 Sales Remain Stable At Cellulose Fibre Producer Lenzing

Textile Insights March 20, 2024

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 […]

Fibre

Lenzing Promotes Tencel For Intimate Wear At Intimasia Fair

Textile Insights February 14, 2024

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 […]

Fibre

Lenzing In CDP’s ‘A’ List, Confirms Sustainability Leadership

Textile Insights February 9, 2024

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 […]

Technical Textile & Nonwoven

Lenzing Shows Veocel Lyocell Dry Fibre At Hygienix 2023

Textile Insights November 21, 2023

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

Corporates

Lenzing Boosts Renewable Energy Portfolio With WLK Energy Deal

November 12, 2023

Lenzing, a global specialty fibre supplier, has finalized a 15-year supply agreement with Austrian electricity producer WLK energy for the acquisition of approximately 13 megawatts of wind power. This move underscores Lenzing’s dedication to climate protection and the energy transition, as well as its commitment to a stable and diverse electricity supply. The

Fibre

Lenzing Indonesian Unit’s Fibre Bags Ecolabel Certificate

Textile Insights September 22, 2023

The Lenzing Group has received certification from the internationally recognised EU Ecolabel for its cellulose fibres produced at the Indonesian site. “This means that Lenzing fibres produced in the PT. South Pacific Viscose plant meets high environmental standards,” the Austrian company said in a press release. This will enable the plant to produce Lenzing Ecovero […]