Lenzing, Austria – TENCEL®, the Lyocell fiber, is now being used in component parts for shoes. “It all started with shoe laces,” Marina Crnoja-Cosic, Lenzing Segment Manager of Technical Textiles, says. As a result of Lenzing’s initiative and strong interest on behalf of manufacturers, more and more shoe components were developed,Read More →
Lenzing, Austria – The Lenzing Group announced the sale of its fully owned German subsidiary Dolan GmbH, Kelheim and its 91.1% stake in European Carbon Fiber GmbH, Kelheim to WHEB Partners’ Growth Fund 2 of England and Jan Verdenhalven. The corresponding agreement was concluded on April 15, 2015. Both sides agreed to keep the purchase […]Read More →
Lenzing, Austria – Ongoing strong demand enabled Lenzing to achieve a new record sales volume of 960,000 tons (+ 8%) in the 2014 financial year against the backdrop of a further drop in fiber selling prices and a very challenging market environment once again. Operating results could be substantially improved thanks to the implementationRead More →
Lenzing, Austria – According to preliminary figures, consolidated sales of the Lenzing Group declined slightly to EUR 1.86 bn in 2014, down from the prior-year level of EUR 1.91 bn in 2013. This drop can be attributed to the continuing downward pressure on fiber prices as a consequence of the global surplus capacities of viscose […]Read More →
INVISTA and Lenzing Announce Latest Collaboration: COOLMAX® Fabric with TENCEL® Fiber to be Presented at Kingpins Tradeshow in NYC.
New York, United States – INVISTA, owner of the COOLMAX® brand, and LENZING, owner of the TENCEL® brand, announced a second innovative collaboration in denim – COOLMAX® fabric blended with TENCEL® fiber.Read More →
Lenzing, Austria – The Lenzing Lyocell fiber TENCEL® is the first fiber to be medically tested according to the FKT test method criteria for body compatibility and toxic substances. The Lyocell fiber TENCEL® stands for skin-sensory properties in many products. Particularly in the home textiles market,these properties are essential in bed linens when it comes […]Read More →
Lenzing, Austria – The track record of the new TENCEL® fiber production plant at the Lenzing site in Upper Austria during the initial six-month ramp-up phase has been a positive one. “The plant has already successfully operated at full capacity and in a trouble-free manner for the past months, and the quality of the manufactured fibers […]Read More →
Restructuring and Staff Reductions in the Corporate Business Areas Engineering, Maintenance and Lenzing Technik as well as Repositioning of Lenzing Technik.
Lenzing, Austria – The Lenzing Group is resolutely and systematically counteracting the ongoing difficult market conditions in the global fiber industry on the basis of its cost optimization program as it reported on the occasion of publishing its business results for the first three quarters of 2014. The organizational optimization measures launched one year ago […]Read More →
Barcelona, Spain – INVISTA, owner of the COOLMAX® brand, and LENZING, owner of the TENCEL® brand, announced a second innovative collaboration in denim – COOLMAX® fabric blended with TENCEL® fibre. The two companies will give a joint presentation on this newRead More →
Lenzing 1-9/2014: Persistently Difficult Market Environment, Cost Savings Measures Positively Impact Results.
Lenzing, Austria – The Lenzing Group is working to counteract the ongoing difficult market environment prevailing in the fiber industry. Sales and earnings declined in the first nine months of 2014 compared to the prior-year performance, but cost savings are having a positive impact.Read More →