Overview
Description
Lenzing AG is a globally recognized manufacturing company known for its production of high-quality fibers, particularly from sustainable raw materials. As a pioneer in environmentally responsible practices, Lenzing produces a range of cellulose fiber products that serve as key components in the textile and nonwovens industries. Its fibers are utilized in fashion, home textiles, and industrial applications, meeting the demand for eco-friendly materials in diverse markets. Notable for its innovative approaches, Lenzing emphasizes the use of wood-based renewable resources which helps in reducing the carbon footprint associated with synthetic fibers. This positioning affords it a significant role within the sustainability movement, impacting sectors such as apparel and hygiene products. Additionally, Lenzing AG's advancements in fiber technology enhance the performance and comfort of fabrics, catering to consumer preferences for sustainable yet high-performance garments. With a commitment to creating solutions that benefit both the environment and the economy, Lenzing AG is a crucial player in the ongoing transformation towards a more sustainable and circular textile economy.
About
CEO
Mr. Rohit Aggarwal
Employees
7659
Address
Werkstrasse 2
Lenzing, 4860
Lenzing, 4860
Phone
43 7672 7010
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Textile Manufacturing
Country
Austria
MIC code
XWBO