lenzing.com

Highlights 2021

The largest investment program in the company's history is progressing according to plan.

January:

  • Planning of Upper Austria’s largest ground-mounted photovoltaic plant started at the Lenzing site

February:

  • Denim range expanded: Lenzing introduces groundbreaking Indigo Color technology

March:

  • 2020 results: Lenzing weathers the crisis year and remains strategically well on track

April:

  • “Stand up for future generations”: Lenzing presents its Sustainability Report 2020
  • Lenzing and TENCEL™ shine again at the Oscars
  • First carbon neutral VEOCEL™ Lyocell fibers launched on the global nonwovens market

May:

  • Milestone towards group-wide climate neutrality: EUR 200 mn investment in Asian locations
  • Q1 results: Lenzing reports excellent start to the financial year
  • Next step on the path to climate neutral production: new air purification and sulfur reprocessing plant in operation at the Lenzing site

June:

  • Two world market leaders join forces in textile recycling: partnership agreement signed with Södra
  • Lenzing repeatedly recognized as a successful international player
  • Fiber identification extended to TENCEL™ brand

July:

  • Lenzing elected to the board of the leading nonwovens association EDANA
  • Lenzing awarded platinum status for sustainability by EcoVadis
  • Investment in state-of-the-art wastewater treatment at Grimsby site
  • Development of new closed loop solutions: presentation of the first TENCEL™ branded lyocell fiber made from orange and wood pulp

August:

  • H1 results: Lenzing records significant improvement in revenue and earnings

September:

  • Carbon neutral TENCEL™ fibers enhanced by REFIBRA™ technology

October:

  • Lenzing receives MSCI ESG “Sustainability Champion” award
  • Internationally renowned marine research institute confirms biodegradability of LENZING™ fibers
  • Denim range expanded with matt TENCEL™ Lyocell fibers

November:

  • Q3 results: strong operating earnings despite significant cost increases
  • Cord Prinzhorn takes over as interim CEO following the resignation of Stefan Doboczky
  • Lenzing Managing Board proposes dividend of EUR 4.35

December:

  • CDP honors Lenzing as one of the most sustainable companies in the world

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