Corporates

Pallava Group Plans Rs 1,000 Crore Man-Made Fibre Facility At PM-MITRA Park

Textile Insights August 31, 2026

Pallava Group has announced plans to invest Rs 1,000 crore to establish a new man-made fibre manufacturing facility at the PM-MITRA Textile Park in Virudhunagar, Tamil Nadu. The proposed investment is aimed at expanding the group’s manufacturing capacity and strengthening its presence in the

Fibre

Anticipated Recovery In Market Fails To Materialise – Lenzing

Textile Insights November 6, 2023

Manufacturer of cellulose fibres, Lenzing said the anticipated recovery in markets relevant for company has failed to materialise till date. “The continued sharp increase in raw material and energy costs and very subdued demand had a negative impact on us as well as the whole industry,” the Austrian company said in a press release. Revenue […]

Financial Results

Lenzing Group Revises EBITDA Downwards For 2023

Textile Insights September 15, 2023

Manufacturer of sustainable cellulose fibres Lenzing Group has revised downwards its EBITDA for the current financial year. The Austrian company attributed the revision to continued weak development of markets relevant to Lenzing, coupled with very cautious market expectations in 2023. “Taking into account the current lack of market recovery, the previous earnings forecast

Fibre

Lenzing Invests €100mn In Indonesian Plant To Produce VSF

Textile Insights September 2, 2023

Austrian manufacturer of cellulose fibres, Lenzing has made significant technical improvements to its PT. South Pacific Viscose, Purwakarta plant. Lenzing has invested more than €100 million since 2021 to convert existing production capacity to specialty viscose. “With the imminent completion of the investment, Lenzing is in a better position to serve the strongly growing