21.95000 EUR
0.5
2.23%
Last update Dec 15, 7:30 PM CET
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Day range
21.95000
22.40000
Previous close
22.45000
Open
22.40000
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Lenzing Aktiengesellschaft
21.95
0.50
2.23%

Overview

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Description

Lenzing Aktiengesellschaft is a leading manufacturer of wood-based cellulosic fibers, recognized for its innovation and dedication to sustainability in the textile and nonwoven industries. Its core business involves converting pulp—sourced primarily from renewable beech wood—into high-performance fibers such as lyocell, viscose, and modal, marketed under globally recognized brands like TENCEL, VEOCEL, LENZING, and ECOVERO. These specialty fibers are widely used in apparel, home and technical textiles, as well as hygiene and personal care products, due to their biodegradability and unique material properties. Beyond textiles, the company leverages advanced biorefinery processes to create diverse by-products used in food, pharmaceuticals, cosmetics, and animal nutrition. Lenzing plays a pivotal role in promoting resource efficiency and circular economy principles, partnering across the value chain to advance sustainable solutions aligned with global climate objectives. With production facilities in Austria, the Czech Republic, and Brazil, Lenzing Aktiengesellschaft serves as a strategic supplier to leading brands, continuously setting benchmarks for environmental responsibility and product innovation within the specialty fiber market.

About

CEO
Mr. Rohit Aggarwal
Employees
7729
Address
Werkstrasse 2
Lenzing, 4860
Phone
43 7672 7010
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Textile Manufacturing
Country
Germany
MIC code
XDUS
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