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Description
Lenzing Aktiengesellschaft is an Austria-based manufacturer specializing in regenerated cellulosic fibers derived from sustainable wood sources like beech wood. Headquartered in Lenzing, Upper Austria, the company produces viscose, modal, and lyocell fibers, marketed under premium brands such as TENCEL™, VEOCEL™, LENZING™ ECOVERO™, and LENZING™. These fibers serve the textile industry for apparel including denim, activewear, lingerie, and workwear; home textiles; and technical applications, as well as nonwovens for hygiene products, wipes, and medical uses. With production sites across Europe, the US, Asia, and Brazil, Lenzing Aktiengesellschaft operates the world's largest integrated pulp and viscose fiber facility in Lenzing, outputting around 960,000 tons of fibers annually and holding about 21% of the global wood-based cellulosic fiber market. Founded in 1892 as a paper mill, it evolved into a leader in sustainable fiber innovation, incorporating eco-friendly processes and renewable energy, while maintaining segments in plastics and engineering. As a publicly listed entity since 1986, it plays a pivotal role in advancing responsible material solutions for fashion, hygiene, and industrial sectors worldwide.
About
CEO
Mr. Rohit Aggarwal
Employees
7589
Address
Werkstrasse 2
11 Bermudiana Road
Lenzing, 4860, MI
Austria
11 Bermudiana Road
Lenzing, 4860, MI
Austria
Phone
43 7672 7010
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Textile Manufacturing
Country
Germany
MIC code
XSTU