Lenzing AG (LEN)

Overview

Lenzing Aktiengesellschaft, a leader in the production and marketing of wood-based cellulosic fibers, extends its expertise across the textile and nonwoven sectors, as well as various industrial applications. With roots tracing back to 1892, the company has evolved from its original incarnation as Chemiefaser Lenzing AG, embracing a new identity in 1984 to reflect its broadened scope and commitment to innovation. Operating from its headquarters in Lenzing, Austria, Lenzing Aktiengesellschaft serves a global market, including regions such as Europe, Asia, and the Americas. The company’s operations are organized into three main segments: Division Fiber, Division Pulp, and Others, each contributing to its comprehensive offerings and international footprint. Moreover, Lenzing prioritizes sustainable practices and educational initiatives, including training and personnel development, underscoring its commitment to both environmental stewardship and workforce excellence.

Products and Services

• Lyocell and Modal Fibers: These fibers, essential for the textile industry, are incorporated into a diverse range of products, including denim, activewear, and intimates. Lenzing’s innovative approach ensures these fibers meet the high standards of versatility and comfort demanded by contemporary consumers.
• Hygiene Articles: Leveraging its fiber technologies, Lenzing produces materials tailored for hygiene products like baby wipes, facial sheet masks, and cleaning articles. These contributions are vital to maintaining high standards of personal and public cleanliness and health.
• Protective Wear: Addressing the needs of various sectors, Lenzing’s fibers are also used in the creation of protective wear, providing safety solutions for workers in diverse industries.
• Engineered Products and Packaging: Beyond textiles, the company’s innovative fiber solutions extend to engineered products and sustainable packaging options, demonstrating Lenzing’s versatility and commitment to expanding the applications of cellulosic fibers.
• Biorefinery Products: Lenzing’s efforts in sustainability are further evidenced by its range of biorefinery products, including acetic acid, furfural, and magnesium lignosulphonate, all derived from bio-based sources. These products showcase the company’s commitment to eco-friendly manufacturing processes.