Etiket: Lenzing
Lenzing warns of special write-offs of up to 480 million euros
The Austrian fiber manufacturer Lenzing AG will have to take write-downs in the three-digit million range in the 2023 financial year. On Tuesday evening, the company announced that the “annual…
HeiQ brings Lenzing manager Robert van de Kerkhof onto the board of directors
The textile technology group HeiQ is bringing additional expertise in the area of sustainability into the company. On Monday, the company announced that Robert van de Kerkhof will join the…
Lenzing continues to be in the red and has announced additional cost-cutting measures
The Austrian fiber manufacturer Lenzing AG continues to suffer from the adverse economic conditions. On Friday, the company reported a decline in sales and high losses in the first nine…
Lenzing receives EU Ecolabel for fiber production in Indonesia
The Austrian fiber manufacturer Lenzing has received certification from the internationally recognized EU Ecolabel for its viscose fibers (PT. South Pacific Viscose) produced at the Purwakarta site in Indonesia, which…
“Lack of market recovery”: Lenzing lowers earnings forecast
The Austrian fiber manufacturer Lenzing AG is suffering more than expected from the persistently adverse conditions. “Taking into account the current lack of market recovery, the previous earnings forecast is…
Conversion of the Lenzing site in Indonesia completed
The conversion of the Indonesian production facility of Lenzing AG has been completed. As a result of the changes made, the previous production capacities of the Purwakarta site were switched…
Lenzing collects around 400 million euros
The Austrian fiber manufacturer Lenzing AG reported on Thursday the successful completion of its capital increase announced in mid-June. A total of around twelve million new shares have been issued,…
Lenzing launches fully guaranteed capital increase
The Management Board of fiber manufacturer Lenzing AG, with the approval of the Supervisory Board, has decided to carry out a fully guaranteed cash capital increase with subscription rights for…
Lenzing cooperates with textile machinery supplier Karl Mayer
Austrian fiber manufacturer Lenzing is collaborating with textile machinery supplier Karl Mayer Group to promote sustainable innovations in flat knitting and warp knitting. The aim of the cooperation is to…
Lenzing starts large-scale textile recycling project in Austria with partners
The Lenzing Group, supplier of special fibers for the textile and nonwovens industry based in Austria, has entered into a cooperation with several partners in order to get one step…