EU Ecolabel

EQS-News: Negative market environment strongly impacts 2023 earnings – implementation of performance program exceeds plan

Retrieved on: 
Wednesday, April 10, 2024

The largely absent recovery in the textile and clothing industry had a negative impact across the entire sector.

Key Points: 
  • The largely absent recovery in the textile and clothing industry had a negative impact across the entire sector.
  • Prices for wood-based specialty fibers were also down slightly due to weaker demand, particularly from brands and retailers, as well as additional market capacity.
  • Earnings before interest, tax, depreciation and amortization (EBITDA) rose by 25.4 percent year-on-year to reach EUR 303.3 mn in the reporting year.
  • Earnings after tax amounted to minus EUR 593 mn (compared with minus EUR 37.2 mn in 2022) and earnings per share to minus EUR 20.02 (compared with minus EUR 2.75 in 2022).

Navigating "Green Claims" Regulatory Change with Lenzing

Retrieved on: 
Thursday, March 21, 2024

LENZING, Austria, March 21, 2024 /PRNewswire/ -- Due to increasing concerns around climate change, consumers are constantly seeking ways to contribute positively.

Key Points: 
  • LENZING, Austria, March 21, 2024 /PRNewswire/ -- Due to increasing concerns around climate change, consumers are constantly seeking ways to contribute positively.
  • Lenzing Group, a leading global producer of wood-based specialty fibers, is committed to working with the textile value chain to navigate through the changing regulatory landscape and supporting consumers to make informed choices.
  • AT/016/001) in 2002, Lenzing continues to focus on enhancing its impact on the value chain, driving systematic change and advancing circularity.
  • Given the evolving consumer needs and regulatory landscapes, Harold underscored the importance for companies like Lenzing to stay abreast of changes and consumer behaviors.

Navigating "Green Claims" Regulatory Change with Lenzing

Retrieved on: 
Thursday, March 21, 2024

LENZING, Austria, March 21, 2024 /PRNewswire/ -- Due to increasing concerns around climate change, consumers are constantly seeking ways to contribute positively.

Key Points: 
  • LENZING, Austria, March 21, 2024 /PRNewswire/ -- Due to increasing concerns around climate change, consumers are constantly seeking ways to contribute positively.
  • Lenzing Group, a leading global producer of wood-based specialty fibers, is committed to working with the textile value chain to navigate through the changing regulatory landscape and supporting consumers to make informed choices.
  • AT/016/001) in 2002, Lenzing continues to focus on enhancing its impact on the value chain, driving systematic change and advancing circularity.
  • Given the evolving consumer needs and regulatory landscapes, Harold underscored the importance for companies like Lenzing to stay abreast of changes and consumer behaviors.

EQS-News: Lenzing implements comprehensive performance program in response to lack of market recovery

Retrieved on: 
Tuesday, November 7, 2023

We already launched an ambitious cost-cutting program at the end of 2022, which has delivered the expected results ahead of schedule.

Key Points: 
  • We already launched an ambitious cost-cutting program at the end of 2022, which has delivered the expected results ahead of schedule.
  • Building on this, the Managing Board is currently implementing a comprehensive performance program with the overriding objective of significantly enhanced long-term resilience to crises and greater agility in the face of market changes.
  • Lenzing is therefore able to generate 100 percent of its fiber sales with specialty fibers from the TENCEL™, LENZING™ ECOVERO™ and VEOCEL™ brands.
  • The general market environment is continuing to weigh on the consumer climate and on sentiment in the industries relevant to Lenzing.

Suzano Invests R$490 Million to Expand Fluff Pulp Capacity to 440,000 Tons

Retrieved on: 
Friday, October 27, 2023

Suzano , the world’s largest market pulp producer, today announces it will invest R$490 million (approximately US$100 million) in a new fluff pulp line.

Key Points: 
  • Suzano , the world’s largest market pulp producer, today announces it will invest R$490 million (approximately US$100 million) in a new fluff pulp line.
  • This investment will support the conversion of a BHKP pulp line at Limeira mill into a flex machine to produce Suzano’s Eucafluff® or BHKP.
  • Suzano’s annual installed capacity of fluff pulp production will increase from 100,000 to 440,000 ton, with production expected to begin by Q4 2025.
  • Eucafluff® is the world’s first bleached kraft fluff pulp made from 100% planted eucalyptus.

EQS-News: Lenzing AG: Lenzing receives EU Ecolabel for environmentally friendly fiber production at Indonesian production plant

Retrieved on: 
Monday, September 25, 2023

The product portfolio thus expands and qualifies for the production of LENZING™ ECOVERO™ brand fibers for textiles and VEOCEL™ brand fibers for nonwoven applications.

Key Points: 
  • The product portfolio thus expands and qualifies for the production of LENZING™ ECOVERO™ brand fibers for textiles and VEOCEL™ brand fibers for nonwoven applications.
  • By switching its previous production capacities to specialty viscose, Lenzing is in a better position to serve the strongly growing demand for environmentally friendly viscose fibers.
  • The substantial investment of EUR 100 mn to modernize the Indonesian site has enabled Lenzing to significantly reduce its specific emissions.
  • I am therefore very pleased that we have now received the EU Ecolabel, which once again confirms our sustainability performance.

OQ Chemicals Paves the Way for Eco-friendly EU Ecolabel-approved Lubricants with LuSC-listed Oxlube L7-NPG

Retrieved on: 
Thursday, September 21, 2023

Formulators can now manufacture environmentally acceptable lubricants (EALs) and streamline their EU Ecolabel certification process with OQ Chemicals’ lubricant base oil, Oxlube L7-NPG.

Key Points: 
  • Formulators can now manufacture environmentally acceptable lubricants (EALs) and streamline their EU Ecolabel certification process with OQ Chemicals’ lubricant base oil, Oxlube L7-NPG.
  • Oxlube L7-NPG, a low viscosity ester, is aptly suited for cooling and lubricating, including applications such as metal working and lubricants compliant with the Vessel General Permit (VGP).
  • This makes Oxlube L7-NPG an ideal base oil for EU Ecolabel compliant lubricant formulations.”
    “We are pleased that Oxlube L7-NPG is now certified under the stringent LuSC list criteria.
  • In OQ Chemicals’ Oxlube product range, Oxlube L7-NPG stands alongside Oxlube L9-TMP, which serves as a direct substitute for the traditional C8/C10 acid-based TMP ester and is also listed under LuSC.

Lenzing signs strategic partnership with NBond to accelerate the innovation of flushable nonwovens products globally

Retrieved on: 
Thursday, June 29, 2023

NBond, one of the earliest manufacturers to launch flushable feminine care products globally, is also the first to use VEOCEL™ branded lyocell shortcut fibers in flushable feminine care products.

Key Points: 
  • NBond, one of the earliest manufacturers to launch flushable feminine care products globally, is also the first to use VEOCEL™ branded lyocell shortcut fibers in flushable feminine care products.
  • The new strategic partnership with NBond represents a milestone for both companies as we continue pioneering sustainable development of the industry, and help addressing the growing demand for high quality sustainable and flushable nonwovens products in Asia and globally," said Steven Tsai, Senior Regional Commercial Director for Nonwovens Asia, Lenzing.
  • A globally recognized nonwovens value chain partner, NBond's flushable products have been introduced in the US, Europe, Asia-Pacific, and more.
  • "With NBond, we hope to expand the portfolio of flushable nonwovens products globally, not only around flushable wet wipes and sanitary products in the hygiene and surface cleaning segments, but also multipurpose dry flushable wipes in Asia," added Steven.

Canon Launches First Carbon Neutral, Technical Wide Format Papers for the AECM Industry

Retrieved on: 
Friday, May 19, 2023

DUBAI, UAE, May 19, 2023 /PRNewswire/ -- Canon announces the launch of Red Label Zero FSC®and Recycled White Zero FSC®, the first cradle-to-customer carbon neutral, technical wide format papers for the Architectural, Engineering, Construction and Manufacturing (AECM) industry.

Key Points: 
  • DUBAI, UAE, May 19, 2023 /PRNewswire/ -- Canon announces the launch of Red Label Zero FSC®and Recycled White Zero FSC®, the first cradle-to-customer carbon neutral, technical wide format papers for the Architectural, Engineering, Construction and Manufacturing (AECM) industry.
  • Canon Europe has worked with ClimatePartner since 2012 to offer end-to-end carbon neutral office papers: Black Label Zero, Top Colour Zero, and Recycled White Zero.
  • Red Label Zero FSC® and Recycled White Zero FSC® join the rest of the Imaging Supplies portfolio of sustainable, carbon neutral papers already available to customers.
  • Red Label Zero FSC® and Recycled White Zero FSC® are both available immediately from Canon's national sales organisations, resellers or the Canon online webshop.

Canon Launches First Carbon Neutral, Technical Wide Format Papers for the AECM Industry

Retrieved on: 
Friday, May 19, 2023

DUBAI, UAE, May 19, 2023 /PRNewswire/ -- Canon announces the launch of Red Label Zero FSC®and Recycled White Zero FSC®, the first cradle-to-customer carbon neutral, technical wide format papers for the Architectural, Engineering, Construction and Manufacturing (AECM) industry.

Key Points: 
  • DUBAI, UAE, May 19, 2023 /PRNewswire/ -- Canon announces the launch of Red Label Zero FSC®and Recycled White Zero FSC®, the first cradle-to-customer carbon neutral, technical wide format papers for the Architectural, Engineering, Construction and Manufacturing (AECM) industry.
  • Canon Europe has worked with ClimatePartner since 2012 to offer end-to-end carbon neutral office papers: Black Label Zero, Top Colour Zero, and Recycled White Zero.
  • Red Label Zero FSC® and Recycled White Zero FSC® join the rest of the Imaging Supplies portfolio of sustainable, carbon neutral papers already available to customers.
  • Red Label Zero FSC® and Recycled White Zero FSC® are both available immediately from Canon's national sales organisations, resellers or the Canon online webshop.