• Home
  • Manufacturers & Suppliers
  • News
  • Trade Fairs & Events
  • Media Data
  • Newsletter
  • nonwovensTRENDS.com
    • Imprint
    • Terms of Use
    • Contact
    • Privacy Policy
    • Newsletter
    • Help
    • Mediadata
    • Company entry
    • Register
    • Login
    • Category tree News
    • Category tree Companies


Copyright © 2021 Deutscher Fachverlag GmbH

  • Enter Company
  • Help
  • Login
  • Register
  • Home
  • Manufacturers & Suppliers
  • News
  • Trade Fairs & Events
  • Media Data
  • Newsletter
  • nonwovensTRENDS.com
  • Trending Topics:
  • Fair Updates
  • E-Paper
Chemical Fibers International melliand International Technical Textiles Technical Textiles melliand International Chemical Fibers International
  1. Home ›
  2. News ›
  3. Fibers / Yarns ›
  4. Lenzing: Solid 2019 results in a historically difficult market environment

Lenzing
Solid 2019 results in a historically difficult market environment

12.03.2020 Despite a generally difficult demand environment for textile fibers and a drastic drop in prices for standard viscose, the producer of cellulosic fibers Lenzing AG, Lenzing/Austria, recorded a solid business development in 2019.

© Photo: Lenzing
Facebook
 
Sales fell slightly by 3.3% to €2.10 billion, and EBIT (earnings before interest and tax) fell by 31.7% to €162.3 million year-on-year. Expenditures for research and development (R&D) amounted to €53.2 million in the 2019 financial year (2018: €42.8 million).
In order to meet the high demand for specialty fibers, an investment of more than €1 billion in new production facilities will be made in the coming years. The first expansion phase of this growth plan was approved in H1/2019: the construction of a state-of-the-art lyocell plant in Prachinburi/Thailand, which is the largest of its kind with a capacity of 100,000 tons. Production is expected to start in the H2/2021. The investment volume totals roughly €400 million.
The start-up of the dissolving wood pulp plant being built in Brazil is scheduled for H1/2022. With a capacity of 500,000 tons, the single-line plant will further enhance Lenzing’s independence of raw material markets.
In 2019, the company became the world’s first fiber producer to make a strategic commitment to climate-neutral production. Lenzing aims to implement this vision by 2050. The intermediate goal for 2030 is to reduce emissions by 50% per ton of product compared to 2017.

Top Companies
Deutscher Fachverlag GmbH

Deutscher Fachverlag GmbH

Read more

Lenzing
New Vice President Capital Markets
Lenzing/One-A
Patent disputes settled
Lenzing
New appointments to the management board
ttt Register Company suche
Register Company
  • Imprint
  • Terms of Use
  • Contact
  • Privacy Policy
  • Newsletter
  • Help
  • Media Data
  • Category tree "News"
  • Category tree "Companies"
Share this page:
  • Facebook
  • Twitter

Copyright © 2021 Deutscher Fachverlag GmbH

OPE Journal C2 Coating & Converting Europe chemical Fibres International Nonwovens industry
Newsletter
techtexTRENDS
Current trends for Technical Fibers, Technical Textiles and Nonwovens
stats