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In this news category you will find information from and about companies, organizations, institutions, products of all kinds and in a broad spectrum. To get a quick overview of current trends and developments, it's worth visiting daily.
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Tue, 06.02.2024
Lenzing AG
Lenzing once again on CDP’s prestigious Triple A List, confirming sustainability leadership
Lenzing one of the only 10 companies in the world with a triple “A” score
Leading role in corporate transparency and performance on climate change, forests and water security reaffirmed
CDP is considered the gold standard for international environment [ … ]
Tue, 23.01.2024
Lenzing AG
EBITDA of around EUR 300 million expected for 2023
Non-cash impairment losses of up to EUR 480 million
Implementation of the performance program fully on track
Lenzing – The annual valuation of assets in accordance with IFRS for the entire Lenzing Group, a leading global supplier of specialty fibers for the textile and nonwovens industries, bo [ … ]
Thu, 11.01.2024
Lenzing AG
Lenzing again receives top sustainability ratings from MSCI and SAC Higgs FEM
With an ”AA“ rating, Lenzing is among the top eight percent of the industry worldwide
First SAC Higgs FEM verification delivered excellent results
Lenzing – The Lenzing Group, a leading global supplier of specialty fibers for the textile and nonwovens industries, [ … ]
Thu, 09.11.2023
Lenzing AG
Lenzing relies on wind power to expand green energy mix in the fiber and pulp production
Supply contract with WLK energy increases independence from fossil fuels and secures long-term power supply
New plant will supply Upper Austrian site with around 13 megawatts of renewable wind power from 2025 – groundbreaking ceremony takes place today, N [ … ]
Mon, 06.11.2023
Lenzing AG
Lenzing and Södra win ITMF Award for their pioneering cooperation in textile recycling
Lenzing and Södra – a long-standing partnership for systemic change
International Textile Manufacturers Federation (ITMF) honored the two world market leaders in the "International Cooperation" category
EU co-funded recycling project for textiles on an ind [ … ]
Fri, 03.11.2023
Lenzing AG
Lenzing implements comprehensive performance program in response to lack of market recovery
Revenue of EUR 1.87 bn and EBITDA of EUR 219.1 mn in the first three quarters of 2023
Positive free cash flow of EUR 27.3 mn in the third quarter
Implementation of performance program focusing on positive free cash flow, strengthened sales and margin gr [ … ]
Thu, 21.09.2023
Lenzing AG
Lenzing receives EU Ecolabel for environmentally friendly fiber production at Indonesian production plant
EU Ecolabel certification confirms high ecological standards in Lenzing’s viscose fiber production in Indonesia
Product portfolio thus successfully expanded to include special fibers of the LENZING™ ECOVERO™ and VEOCEL™ brands
Modernizat [ … ]
Mon, 18.09.2023
Lenzing AG
Lenzing takes supply chain transparency to next level by combining real-time shipment tracking and carbon visibility
Collaboration with supply chain solutions company project44 aims to enhance transparency and efficiency along with taking carbon emissions visibility to the next level
The new real-time shipment tracker addresses the fiber indu [ … ]
Thu, 14.09.2023
Lenzing AG
Lenzing Group lowers its forecast for earnings development in the 2023 financial year.
Lenzing – The continued weak development of the markets relevant to Lenzing, coupled with very cautious market expectations in 2023, requires a reassessment of Lenzing AG’s macroeconomic environment.
Taking into account the current lack of market recovery, the [ … ]
Thu, 31.08.2023
Lenzing AG
Lenzing successfully completing the conversion and upgrade of its Indonesian site
Transformation to a state-of-the-art production site in Indonesia: Significant reduction of emissions expected
Investment turns location into a supplier of specialty viscose fibers for which certification according to the standard of the internationally recogni [ … ]