Corporates

Lenzing Group Appoints Rohit Aggarwal As New CEO

Textile Insights 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

Corporates

Suzano S/A Acquires 15% Stake In Lenzing Group

Textile Insights 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

Corporates

Andritz Sets Up New Textile Recycling Line In Italy

Textile Insights December 10, 2023

Andritz recently started up a new textile recycling line at Sfilacciatura Negro’s plant in Biella, Italy. Designed for processing post-consumer textile waste with automatic removal of hard parts, the tearing line supports the company’s expansion into new recycling segments. In view of the growing demand for sustainable fibres in the re-spinning and nonwoven industries,

Corporates

Textile Recycling Innovator SaXcell Signs MoU with Birla Cellulose

Textile Insights November 1, 2023

SaXcell, a pioneer in textile recycling, has entered into a Memorandum of Understanding (MoU) with Birla Cellulose, a part of the Aditya Birla Group and one of the world’s largest manufacturers of man-made cellulosic fiber. This MoU marks the beginning of an extended collaboration between the two companies aimed at producing recycled man-made cellulosic fibers. […]