Lenzing Group

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Lenzing optimistic despite 9-month profit slump Katie Smith | 17 Nov 14

Austrian cellulosic fibre producer Lenzing Group posted a significant decline in net profit for the first nine months of 2014, due to lower average selling prices.

Fibres and fabrics: Cotton price uncertainty Kitty So | 3 Nov 14

As reforms to China's cotton liberalisation policy start to kick in, world cotton prices are expected to better reflect market demand. However, experts are concerned that if prices continue to drop, governments in other countries might be encouraged to intervene and offer a guaranteed price to growers, causing renewed uncertainty.

Lenzing COO Weninger to step down Michelle Russell | 26 Sep 14

Friedrich Weninger, the chief operating officer of Austrian cellulosic fibre producer Lenzing Group has announced his intention to step down.

AUSTRIA: Lenzing cost cutting fails to stem H1 declines Michelle Russell | 21 Aug 14

Cellulose fibre producer Lenzing Group has said its cost reduction programme initiated last year was only partly able to offset a decline in sales and earnings in its first-half.

SWITZERLAND: Oeko-Tex takes MySTeP tool to US Katie Smith | 18 Aug 14

Oeko-Tex has introduced its new online platform that will enable brands, retailers and manufacturers to track and manage the sustainability of their supply chains to the US.

AUSTRIA: World's largest Tencel plant begins production Michelle Russell | 5 Aug 14

Cellulose fibre producer Lenzing Group has initiated production of what it claims is the world's largest Tencel production plant.

US: Cotswold Industries pioneers Tencel in pocketing Leonie Barrie | 13 Jun 14

An innovative new pocketing fabric has been developed using Lenzing's Tencel fibre, which is said to take pocketing and waistbanding "to a new era with softness, strength and sustainability."

US: Fabric mills embrace yarns for stretch denim Leonie Barrie | 27 May 14

Ongoing efforts by fibre producers Invista and Lenzing to bring improved performance to stretch denim have been embraced by a number of mills who have developed new fabrics for autumn/winter 2015/16.

AUSTRIA: Lenzing names Riegler new CFO Katie Smith | 7 Apr 14

Cellulose fibre producer Lenzing Group has appointed Thomas Riegler as its new chief financial officer, with effect from 1 June.

AUSTRIA: Weak fibre prices undermine Lenzing FY results Leonie Barrie | 24 Mar 14

Weak selling prices have continued to weigh on full-year sales and earnings at cellulose fibre producer Lenzing Group, which has also warned the "difficult market environment" may continue into 2015.

AUSTRIA: Tencel receives Ecocert certification Michelle Russell | 10 Mar 14

Fibre business Lenzing Group has revealed that its Tencel fibres are now certified with the Ecocert eco-friendly logo.

AUSTRIA: Lenzing gets funding for Tencel development Michelle Russell | 5 Feb 14

Fibre firm Lenzing has received EUR100m (US$135.3m) in funding from the European Investment Bank for the development of its Tencel fibre production.

US: Invista and Lenzing team up on stretch denim Richard Woodard | 21 Jan 14

Fibre business and Lycra owner Invista is teaming up with Tencel developer Lenzing to bring improved performance to stretch denim fabrics.

US: Adidas venture fund invests in Crailar Flax fibre Leonie Barrie | 20 Dec 13

Hydra Ventures BV, the corporate venture arm of sporting goods giant Adidas Group, is to invest CAD2.0m (US$1.9m) in Crailar Technologies, developer of the Crailar Flax fibre.

AUSTRIA: Invista and Lenzing team up on stretch denim Leonie Barrie | 2 Dec 13

Fibre makers Invista and Lenzing are working together to offer cellulosic denim fabrics with what they describe as "significantly improved" shape retention.

AUSTRIA: Lenzing to axe 600 jobs as Q3 profit falls 44% Leonie Barrie | 15 Nov 13

Cellulose fibre producer Lenzing is to axe up to 600 jobs as part of "massive, far-reaching" cost cuts over the next two years as it tries to see off increasingly fierce competition from cotton producers.

AUSTRIA: Lenzing CFO Winkler to step down Katie Smith | 7 Oct 13

Thomas Winkler will resign as Lenzing Group CFO at the end of the year as part of a mutual agreement, because of "differing opinions" on the strategic direction and organisation of the fibre business.

Chinese manufacturers dig into green technology Wang Fangqing | 30 Sep 13

The Chinese textile industry has long been blamed for over-consuming resources and water pollution. And with consumers increasingly keen to take production processes into account when making purchases, brands are keen to improve their image and that of their suppliers.

AUSTRIA: Lenzing marketing push on Tencel/cotton blends Leonie Barrie | 18 Sep 13

Lenzing Group is putting the focus on blends of its Tencel fibre with cotton in a new marketing initiative for manufacturers and retailers.

AUSTRIA: Lenzing lowers outlook on H1 profit drop Katie Smith | 22 Aug 13

Cellulosic fibre producer Lenzing Group has cut its full-year sales guidance, after reporting a 34.7% drop in first-half profit.

Komafram apparel brand taps made-in-America trend Debra Cobb | 9 Aug 13

"Something new, something brilliant," is the tagline for Komafram, a sustainable line of base layer apparel launched at last week's Outdoor Retailer Summer Market trade show by Daniel Feuerstein, son of Malden Mills former owner Aaron Feuerstein.

AUSTRIA: Difficult market impacts Lenzing FY profit Richard Woodard | 26 Mar 13

Fibre business Lenzing Group saw reductions in full-year net profit and sales in a “difficult” market environment, despite a good performance from its Tencel speciality fibre.

AUSTRIA: Lenzing invests EUR130m in Tencel production Leonie Barrie | 14 Feb 13

Cellulosic fibre maker Lenzing is constructing a "jumbo" Tencel production line at its plant in Lenzing, Austria, which will go into operation in 2014.

US: USDA suspends biobased product scheme Petah Marian | 25 Jan 13

Textile companies could see less government procurement of bio-based fabrics after the US Department of Agriculture (USDA) suspended applications for voluntary certification due to a lack of funding.

2012: A year in review - Manufacturing winners and losers MJ Deschamps | 14 Dec 12

Weak consumer spending, difficulties in securing credit, competition from China and the Far East resulted in factory closures and subsequent layoffs in 2012. But ramping up labour and sustainability standards, eco-friendly production technologies, cost cutting and efficiency improvements saved others from significant losses.

AUSTRIA: Lenzing's Modal fibre to undergo sustainable rebrand Katie Smith | 26 Nov 12

Cellulosic fibre producer Lenzing is promoting Modal's eco-friendly attributes to reflect its new production technology.

AUSTRIA: Falling prices weigh on Lenzing FY forecast Leonie Barrie | 19 Nov 12

Cellulosic fibre producer The Lenzing Group has reaffirmed its full-year guidance but says it expects to come in at the lower end of expectations because of a continuing decline in average fibre prices.

US: USDA wants more bio-fabrics in government purchases Leah Germain | 5 Oct 12

The US Department of Agriculture (USDA) has asked textile companies to propose new bio-based fabrics for inclusion in a special catalogue of products that receive preferred purchase considerations by all US federal agencies and contractors.

AUSTRIA: Lenzing launches black and colour Modal fibres Leonie Barrie | 25 Sep 12

Cellulosic fibre producer Lenzing has launched new colour and black variants of its Modal fibres, which are said to be more eco-friendly because they no longer need to be dyed.

AUSTRIA: Lenzing cuts FY forecast as prices fall Richard Woodard | 22 Aug 12

Fibre and textile business The Lenzing Group cut its full-year earnings forecast substantially after admitting that average fibre prices would continue to fall in the third quarter.






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