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Lenzing Group

Everlast Worldwide Inc

Lenzing Q1 profit tumbles 58.6%

7 May 2020 | Beth Wright

Austrian cellulosic fibre producer Lenzing has reported a drop in both profit and revenue in the first quarter of 2020 as the firm continues to be plagued by lower selling prices for standard viscose amid the impact of Covid-19.... read more


Brands have "wrecked" Turkey garment making sector

27 April 2020 | Paul Cochrane

The president of Turkish Clothing Manufacturers’ Association TGSD (Türkiye Giyim Sanayicileri Dernegi) has complained about the treatment his members have experienced at the hands of international brands and retailers during the Covid-19 crisis.... read more


Specialty fibre focus helps Lenzing in difficult year

13 March 2020 | Beth Wright

Austrian cellulosic fibre producer Lenzing has reported a fall in both full-year earnings and revenue, but warns the coronavirus (Covid-19) outbreak continues to cloud visibility on the year ahead.... read more


Lenzing FY profit falls as firm writes off US engineering costs

28 January 2020 | Beth Wright

Austrian cellulosic fibre producer Lenzing has reported a drop in its preliminary 2019 figures with both earnings and revenue affected by lower selling prices for standard viscose and the write-off of engineering costs related to its mothballed US lyocell expansion project.... read more


Lenzing to open world’s largest wood pulp plant in Brazil

2 January 2020 | Michelle Russell

Austrian cellulosic fibre producer Lenzing is investing in the construction of the world's largest wood pulp plant in Brazil in a move aimed at growing the company's speciality fibre business and strengthening its market position.... read more


Lenzing makes Tencel with post-consumer cotton waste

4 December 2019 | Beth Wright

Austrian cellulosic fibre producer Lenzing has used its Refibra technology to produce its first scaled production of virgin Tencel lyocell fibres using post-consumer cotton waste as part of the recycled raw material proportion.... read more


Brands still failing to deliver on responsible viscose sourcing

20 November 2019 | Michelle Russell

A new report has found that while the issue of responsible viscose production is now firmly on the agenda of the fashion industry, there are still brands and retailers failing to deliver on responsible sourcing.... read more


Lenzing begins work on largest lyocell fibre plant

19 November 2019 | Beth Wright

Austrian cellulosic fibre producer Lenzing has begun construction work on what it claims will be the largest lyocell facility in the world and one that brings its production to Asia for the first time.... read more


Low viscose prices weigh on Lenzing nine-month results

8 November 2019 | Beth Wright

Austrian cellulosic fibre producer Lenzing has reported a decline in both revenue and earnings in the first three-quarters of 2019 as historically low standard viscose prices took a toll.... read more


DuPont and Lenzing collaborate on natural fabrics

21 October 2019 | Michelle Russell

DuPont Biomaterials and Austrian cellulosic fibre producer Lenzing have collaborated to launch a fabric collection made predominantly of fibres derived from natural materials.... read more


Lenzing partners on Tree Climate outdoor fabrics

18 October 2019 | Michelle Russell

Austrian cellulosic fibre producer Lenzing Group has teamed up with the founder of Concept III Textiles in the UK to create what is said to be the first major collection of outdoor performance fabrics to feature these fibres.... read more


Lenzing invests EUR40m to improve ecological footprint

16 October 2019 | Michelle Russell

Austrian cellulosic fibre producer Lenzing Group has committed EUR40m (US$44m) to the construction of a new air purification and sulfur recovery plant, as well as further improvement of the exhaust emission values at the site.... read more


Lenzing Tencel fibres use more recycled raw material

15 October 2019 | Michelle Russell

Lenzing Group’s Tencel Lyocell fibres with Refibra technology can now feature up to 30% pulp made from upcycled cotton scraps collected from the garment manufacturing process.... read more


Lenzing pilots fibre traceability using blockchain

6 September 2019 | Beth Wright

Lenzing Group has pioneered a pilot project with Hong Kong based brand Chicks that uses blockchain technology to trace its Tencel branded fibres although the way through the supply chain to retail.... read more


Lenzing fibres certified for full biodegradability

5 September 2019 | Beth Wright

Austrian cellulosic fibre producer Lenzing Group has received certification that its fibres have been certified for full biodegradability in freshwater by the independent research laboratory Organic Waste Systems (OWS). ... read more


Lenzing fashions more agile and responsive supply chain

8 August 2019 | Hannah Abdulla

Austrian cellulosic fibre producer Lenzing Group has employed sales and operations planning software across its business to help create a more agile and responsive supply chain that minimises waste and inefficiencies.... read more


Lenzing confirms FY view despite "challenging" market

7 August 2019 | Beth Wright

Austrian cellulosic fibre producer Lenzing has hailed a slight increase in revenue in the first half of 2019 and confirmed its outlook for the full year despite what it calls a "significantly more challenging" market environment with historically low prices for standard viscose.... read more


Lenzing to invest EUR1bn in lyocell fibre production

4 July 2019 | Beth Wright

To help meet strong demand for its specialty fibres, Austrian cellulosic fibre producer Lenzing Group is to build what it claims will be the world's largest lyocell fibre plant in Thailand.... read more


Lenzing sets net-zero CO2 emissions target by 2050

25 June 2019 | Beth Wright

Lenzing Group has pledged to invest EUR100m (US$113.8m) over the coming years to reduce carbon emissions both inside its operations and in its supply chain as it aims to become the world's first carbon neutral fibre producer.... read more


Covestro, Lenzing partner on sustainable PU synthetics

28 May 2019 | Beth Wright

Polymer company Covestro has partnered with Austrian cellulosic fibre producer Lenzing Group to develop environmentally-compatible polyurethane (PU) synthetics for the footwear industry. ... read more


Lenzing to trace fibres with blockchain technology

20 May 2019 | Beth Wright

Austrian cellulosic fibre producer Lenzing Group has announced it will use blockchain technology to support its Tencel branded fibre business in a move it says will ensure complete transparency and traceability throughout the supply chain to the finished garment.... read more


Lenzing shares progress on sustainability targets

25 April 2019 | Beth Wright

Austrian cellulosic fibre producer Lenzing Group says it is on track with all of its committed sustainability targets and reaffirmed its pledge to invest more than EUR100m (US$111.5m) in sustainable production technology by 2022.... read more


Supply chain transparency for sustainable fashion

4 April 2019 | Guest author

Consumers are becoming increasingly vigilant about the clothing they wear each day, seeking out more sustainable options, as well as information on supply chains, production processes and product afterlife. Which is why there's an ongoing need for consumer education, as well as collaboration among all stakeholders to redefine the standard of transparency practices across the industry value chain, says Dr Florian Heubrandner, vice president of global business management textiles, at Lenzing AG. ... read more


Lenzing in FY profit and sales slip

15 March 2019 | Beth Wright

Lower selling prices for standard viscose, as well as higher raw material and energy costs, have contributed to a decline in full-year revenue and earnings at Austrian cellulosic fibre producer Lenzing compared with record results in the previous year.... read more


Lenzing, Solvay partner on new green fabric

6 March 2019 | Beth Wright

Austrian cellulosic fibre producer Lenzing has partnered with international chemical and fibres group Solvay to develop a new fabric that boosts the benefits of the firms' respective Tencel branded lyocell and Amni Soul Eco biodegradable polyamide yarn.... read more


Lenzing to open Tencel Studio in Singapore

15 February 2019 | Beth Wright

Austrian cellulosic fibre producer Lenzing is to partner with the Textile and Fashion Federation Singapore (TaFF) as part of a bid to make its Tencel brand more accessible to consumers.... read more


Lenzing, Tejidos Royo partner on sustainable clothing line

24 January 2019 | Beth Wright

An international partnership of textile and apparel companies, including Austrian cellulosic fibre producer Lenzing and Spanish denim mill Tejidos Royo, has developed a new sustainable collection to illustrate that fashion can be both responsible and beautiful given the right supply chain partnerships.... read more


New Lenzing centre in Indonesia to speed fibre innovation

16 January 2019 | Hannah Abdulla

Fibre manufacturer Lenzing has opened a new research and development facility in Indonesia, bringing its state-of-the-art fibre testing and full fibre-to-fashion innovation capabilities to Asia.... read more


Lenzing and Hysosung partner on sustainable fabrics

7 January 2019 | Hannah Abdulla

Fibre manufacturers Lenzing and Hyosung are to collaborate on a new sustainable fabric collection that will showcase the sustainable benefits of their bestselling brands: Tencel from Lenzing, and Creora from Hyosung.... read more


Lenzing posts nine-month profit tumble

7 November 2018 | Beth Wright

Austrian cellulosic fibre producer Lenzing continues to expect its results for 2018 to be lower than those achieved in the previous two years as lower prices for standard viscose and price increases for key raw materials took their toll in the first three quarters of 2018.... read more


Lenzing to acquire remaining stake in China subsidiary

24 October 2018 | Hannah Abdulla

Austrian cellulosic fibre producer Lenzing Group is to acquire the remaining 30% stake in its Chinese subsidiary Lenzing Nanjing Fibers Co (LNF).... read more


Lenzing mothballs US project on tariff concerns

27 September 2018 | Beth Wright

Austrian cellulosic fibre producer Lenzing Group has temporarily postponed its lyocell expansion project in Mobile, Alabama, due to what it called the "rising likelihood" of increasing trade tariffs, paired with the potential surge in construction costs due to the buoyant US labour market.... read more


New Lenzing web technology for sustainable nonwovens

13 September 2018 | Beth Wright

Austrian cellulosic fibre producer Lenzing has developed a new technology platform with a focus on sustainable nonwoven products it says will open up new market opportunities for the industry.... read more


Lenzing H1 profit and revenue take a tumble

9 August 2018 | Beth Wright

Volatile prices for standard viscose and price increases for key raw materials weighed on Lenzing in the first half of 2018, with the Austrian cellulosic fibre producer also warning of challenging market conditions for the second half of the year.... read more


Lenzing invests EUR100m in sustainable technology

16 July 2018 | Michelle Russell

Austrian cellulosic fibre producer Lenzing Group is expanding its environmental commitment with an investment of over EUR100m (US$117.1m) in new manufacturing technologies and production facilities until 2022.... read more


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