Lenzing

Lenzing strives to drive beneficial transformation across the value chain

Retrieved on: 
Thursday, March 28, 2024
Master class, AG, Environment, Social responsibility, Lenzing, Lenzing AG, Collection, Lyocell

To support the evolution of the textile value chain from a linear to a circular industry model, Lenzing remains focused on the innovation of alternative materials and fabric solutions, develops circular innovations and champions transparency through a number of digitalized offerings.

Key Points: 
  • To support the evolution of the textile value chain from a linear to a circular industry model, Lenzing remains focused on the innovation of alternative materials and fabric solutions, develops circular innovations and champions transparency through a number of digitalized offerings.
  • As consumers increasingly seek ways to contribute positively to the environment through their purchasing decisions, we have championed alternative textile material innovations and solutions alongside long-term value chain partners.
  • To drive systematic change across the industry, Lenzing E-Branding Service assists our customers in effectively communicating the benefits of Lenzing fibers within their products across all marketing channels.
  • Lenzing AG has recently launched a new landing page for its updated TENCEL™ and LENZING™ ECOVERO™ claims, substantiated by proof points and supported by third-party verifications, which is accessible to value chain partners and consumers.

Lenzing teams up with Recyc Leather and GANNI to unveil new footwear materials

Retrieved on: 
Thursday, February 1, 2024
Lyocell, Partnership, Booth, B Corporation (certification), ISO, Carbon, Lenzing AG, Collection, CO2, Water, Lenzing, Eye, LCA, Shoemaking

"Since our establishment in 2017, we have recycled 100 tons of leather from landfill, earning recognition from European authorities and positive responses from brands", said Olivier Grammont, Co-founder of Recyc Leather.

Key Points: 
  • "Since our establishment in 2017, we have recycled 100 tons of leather from landfill, earning recognition from European authorities and positive responses from brands", said Olivier Grammont, Co-founder of Recyc Leather.
  • GANNI has partnered with Lenzing for years gone by, using various of their materials in GANNI fabrications.
  • In addition to footwear, GANNI sees the application of Recyc Leather's Pélinova® with TENCEL™ Lyocell fibers in the accessories category.
  • GANNI, Recyc Leather, and Lenzing have future developments in the pipeline to get even closer to being able to scale the use of the material.

EQS-News: Lenzing AG: Impairment requirements (EBIT) for the financial year 2023; confirmation and specification of earnings forecast (EBITDA)

Retrieved on: 
Tuesday, January 30, 2024
Environment, Lenzing AG, Lenzing, EUR, Growth

Lenzing AG: Impairment requirements (EBIT) for the financial year 2023; confirmation and specification of earnings forecast (EBITDA)

Key Points: 
  • Lenzing AG: Impairment requirements (EBIT) for the financial year 2023; confirmation and specification of earnings forecast (EBITDA)
    The issuer is solely responsible for the content of this announcement.
  • The impairment losses are non-cash effective and have no impact on the full-year EBITDA for 2023, but do affect EBIT for the 2023 financial year.
  • The Managing Board is specifying the previous earnings forecast for the 2023 financial year (EBITDA: EUR 270 – 330 million) and expects an EBITDA of around EUR 300 million.
  • We can therefore confirm our earnings forecast with an EBITDA of around EUR 300 million.

EQS-News: Lenzing again receives top sustainability ratings from MSCI and SAC Higgs FEM

Retrieved on: 
Saturday, January 13, 2024
Waste management, Lenzing AG, Language, Risk, FEM, Water, Lenzing, EUR, SAC, MSCI

In addition, Lenzing participated for the first time in the SAC Higgs FEM verification to assess the environmental impact of product manufacturing at its sites and achieved excellent positive results.

Key Points: 
  • In addition, Lenzing participated for the first time in the SAC Higgs FEM verification to assess the environmental impact of product manufacturing at its sites and achieved excellent positive results.
  • According to the rating agency MSCI, Lenzing continues to lead the way among global companies in terms of governance structures.
  • The confirmation of the “AA” rating from MSCI ESG enables Lenzing to further reduce its interest expense.
  • I am therefore particularly pleased about the MSCI rating and that we as the Lenzing Group have also achieved excellent results in the SAC Higgs FEM,” says Stephan Sielaff, CEO of the Lenzing Group.

Wet Wipes Market Size, Share & Trends Analysis Report 2023 - Global Forecast to 2030 - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 14, 2023
Retail, Other Consumer, General Health, Women, Online Retail, Convenience Store, Other Retail, Discount, Variety, Men, Baby, Maternity, Supermarket, Specialty, Family, Consumer, Health, Woman, Irritant, Market, American Cleaning Institute, Male, USD, Lenzing, COVID-19, Hygiene, Dollar Shave Club, Growth, Parent, Coterie, Life, Tissue paper, Tmall, Flipkart

The "Wet Wipes Market Size, Share & Trends Analysis Report By Product (Household Wipes, Baby Wipes, Intimate Wipes), By Material (Non-Woven, Woven), By Distribution Channel, By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Wet Wipes Market Size, Share & Trends Analysis Report By Product (Household Wipes, Baby Wipes, Intimate Wipes), By Material (Non-Woven, Woven), By Distribution Channel, By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
  • The global wet wipes market size is expected to reach USD 36.56 billion by 2030, registering a CAGR of 3.8% from 2023 to 2030
    The rising hygiene consciousness among consumers and expenditure on personal hygiene products is anticipated to drive market growth.
  • Diverse types of wipes, including intimate, moist, flushable, feminine, and scented, have been developed during the past decade to serve a variety of purposes.
  • For instance, in May 2021, Coterie introduced baby wipes made using compostable VEOCELTM fibers from Lenzing to the U.S. market.

EQS-News: Lenzing relies on wind power to expand green energy mix in the fiber and pulp production

Retrieved on: 
Thursday, December 14, 2023
Lenzing AG, Biomass, CO2, Electricity, Politics, Wind, Science Based Targets initiative, WLK, Science, Renewable energy, Lenzing

Lenzing is thus not only underlining its commitment to climate protection and the energy transition, but is also making a long-term investment in a price-stable and diversified electricity supply.

Key Points: 
  • Lenzing is thus not only underlining its commitment to climate protection and the energy transition, but is also making a long-term investment in a price-stable and diversified electricity supply.
  • The construction of the wind farm is a joint project involving several partners, including the operator and electricity supplier WLK energy, based in Untersiebenbrunn (Lower Austria).
  • The total output of the wind farm with a total of eleven wind turbines will be around 45 megawatts.
  • With the Engelhartstetten wind farm, we are not only making another significant contribution to the decarbonization of Lenzing.

Lenzing Advances Circularity Through Strategic Industry Partnerships and Value Chain Innovation

Retrieved on: 
Tuesday, November 7, 2023
Lyocell, Textile, Education, Originality, Agile management, Carbon, Lenzing AG, Environment, Partnership, Purwakarta, Collection, Toshitami Kaihara, EU, Marketing, Renewable energy, Lenzing

LENZING, Austria, Nov. 7, 2023 /PRNewswire/ -- A strong commitment to achieving textile circularity, forging industry partnerships, and realizing value chain innovation are infused in Lenzing and the TENCEL™ brand's strategic DNA.

Key Points: 
  • LENZING, Austria, Nov. 7, 2023 /PRNewswire/ -- A strong commitment to achieving textile circularity, forging industry partnerships, and realizing value chain innovation are infused in Lenzing and the TENCEL™ brand's strategic DNA.
  • This year, the company continued to introduce exciting collaborations and initiatives, launching innovative products and creating added value for supply chain partners.
  • Incorporating TENCEL™ branded fibers, Japanese denim mill Kaihara and Lenzing have elevated their long-standing partnership this year, developing several innovative denim garments with finishing technology by Jeanologia.
  • The capsule collection showcases Kaihara's craftsmanship and the versatility of TENCEL™ fibers in high-end denim fashion worldwide.

Lenzing Advances Circularity Through Strategic Industry Partnerships and Value Chain Innovation

Retrieved on: 
Tuesday, November 7, 2023
Lyocell, Textile, Education, Originality, Agile management, Carbon, Lenzing AG, Environment, Partnership, Purwakarta, Collection, Toshitami Kaihara, EU, Marketing, Renewable energy, Lenzing

LENZING, Austria, Nov. 7, 2023 /PRNewswire/ -- A strong commitment to achieving textile circularity, forging industry partnerships, and realizing value chain innovation are infused in Lenzing and the TENCEL™ brand's strategic DNA.

Key Points: 
  • LENZING, Austria, Nov. 7, 2023 /PRNewswire/ -- A strong commitment to achieving textile circularity, forging industry partnerships, and realizing value chain innovation are infused in Lenzing and the TENCEL™ brand's strategic DNA.
  • This year, the company continued to introduce exciting collaborations and initiatives, launching innovative products and creating added value for supply chain partners.
  • Incorporating TENCEL™ branded fibers, Japanese denim mill Kaihara and Lenzing have elevated their long-standing partnership this year, developing several innovative denim garments with finishing technology by Jeanologia.
  • The capsule collection showcases Kaihara's craftsmanship and the versatility of TENCEL™ fibers in high-end denim fashion worldwide.

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

Retrieved on: 
Tuesday, November 7, 2023
Weather, IMF, EBITDA, Face, Saskatchewan River Sturgeon Management Board, FTE, Growth, EUR, Lenzing AG, Depreciation, EU Ecolabel, Hygiene, Clothing, Marketing, Renewable energy, Cryptocurrency, Lenzing

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.

EQS-News: Lenzing and Södra win ITMF Award for their pioneering cooperation in textile recycling

Retrieved on: 
Tuesday, November 7, 2023
Knowledge, Textile, Conference, Textile industry, Environment, Textile recycling, EUR, Lenzing AG, Recycling, Wool, Lenzing, EU

Lenzing/Växjö/Keqiao – The Lenzing Group, the world’s leading supplier of specialty fibers for the textile and nonwovens industries, and the Swedish pulp producer Södra have received the ITMF Award 2023 in the category “International Cooperation” for their joint achievements in textile recycling and circular economy.

Key Points: 
  • Lenzing/Växjö/Keqiao – The Lenzing Group, the world’s leading supplier of specialty fibers for the textile and nonwovens industries, and the Swedish pulp producer Södra have received the ITMF Award 2023 in the category “International Cooperation” for their joint achievements in textile recycling and circular economy.
  • The award was presented at the ITMF Annual Conference in Keqiao, China, on November 06, 2023.
  • The ITMF Award 2023 is given by the International Textile Manufacturers Federation (ITMF) to recognize outstanding achievements and merits in the textile sector in two categories: ”Sustainability & Innovation“ and ”International Cooperation“.
  • “The unique across-the-border and long-term cooperation between Lenzing and Södra is a true role model and important for the circular economy transition in the textile industry.