EQS-News: Lenzing AG / Key word(s): Sustainability
Fiber customers rely on LENZING™ Acetic Acid Biobased
10.12.2024 / 09:40 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Fiber customers rely on LENZING™ Acetic Acid Biobased
• C.P.L. as first license partner for Lenzing™ Acetic Acid Biobased
• Oniverse (Calzedonia) relies on Lenzing's sustainable products
• Partnerships promote circular economy
Lenzing – The Lenzing Group, a leading supplier of regenerated cellulose
fibers for the textile and nonwovens industries, announces a significant
milestone in its partnership with C.P.L. Prodotti Chimici srl, a renowned
supplier of chemical products for the textile industry. LENZING™ Acetic
Acid Biobased, a by-product of pulp production, is at the center of this
collaboration. Oniverse, which also owns the renowned fashion brand
Calzedonia, will not only rely on Lenzing for its fibers in the future but
will also use LENZING™ Acetic Acid Biobased for dyeing textiles.
Lenzing has always developed solutions together with partners to meet the
industry's requirements for a circular economy. The strategic partnerships
with C.P.L., the first licensing partner for LENZING™ Acetic Acid
Biobased, and Oniverse underline the trust of customers in Lenzing's
biorefinery products. These collaborations are a successful example of the
increasing relevance of transparency and more environmentally friendly and
sustainable products in the industry. In addition, Lenzing enables
improved visibility of its own products for partners and customers through
co-branding, whether in the textile and nonwovens sector or in the
biorefinery product portfolio.
“The collaboration with C.P.L. and Oniverse is another important step
towards promoting the circular economy. Thanks to its high purity and low
carbon footprint, our LENZING™ Acetic Acid Biobased plays a central role
in many industrial processes. This strategic alliance underlines the
industry's trust in Lenzing and our biorefinery products,” says Elisabeth
Stanger, Senior Director Biorefinery & Co-Products.
“Our partnership with Lenzing, which has been based on trust and respect
since the early 1990s, has always maintained a high level of quality. We
are looking forward to the next step that combines quality with
sustainability,” says Marco Lanzetti, owner of C.P.L. Prodotti Chimici
srl. “As the first license partner for LENZING™ Acetic Acid Biobased, we
are proud to be able to promote Lenzing as a brand to our customers, such
as Oniverse, in the textile market, reduce our carbon footprint and
achieve our sustainability goals,” adds Lanzetti.
“This partnership is a good example of circular economy, showing how
different supply chains can work together to optimize waste and reduce the
impact of their activities on the environment,” says Federico Fraboni,
Head of Sustainability at Oniverse.
The biorefinery process at Lenzing makes optimal use of the renewable raw
material wood, the starting material for pulp and fiber production, and
converts it into valuable products such as bio-based acetic acid. LENZING™
Acetic Acid Biobased, which has a carbon footprint that is more than 85
percent lower than fossil-based acetic acid, is used in the food,
pharmaceutical, cosmetics, chemical and textile industries and in
processes in the textile sector, such as washing, dyeing and finishing.
Photo download:
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PIN: cxlqL59epEkt
Your contact for
Public Relations:
Dominic Köfner
Vice President Corporate Communications,
Investor Relations & Public Affairs
Lenzing Aktiengesellschaft
Werkstraße 2, 4860 Lenzing, Austria
Phone +43 7672 701 2743
E-mail (2)media@lenzing.com
Web (3)www.lenzing.com
About the Lenzing Group
The Lenzing Group stands for eco-responsible production of specialty
fibers based on cellulose and recycled material. As an innovation leader,
Lenzing is a partner of global textile and nonwoven manufacturers and
drives many new technological developments. The Lenzing Group’s
high-quality fibers form the basis for a variety of textile applications
ranging from functional, comfortable and fashionable clothing to durable
and sustainable home textiles. Due to their special properties and their
botanical origin, the TÜV certified biodegradable and compostable Lenzing
fibers are also highly suitable for everyday hygiene products.
The business model of the Lenzing Group goes far beyond that of a
traditional fiber producer. Together with its customers and partners,
Lenzing develops innovative products along the value chain, creating added
value for consumers. The Lenzing Group strives for the efficient
utilization and processing of all raw materials and offers solutions to
help transform the textile industry from the current linear economic
system towards a circular economy. In order to reduce the speed of global
warming and thus also support the targets of the Paris Agreement and the
EU Commission’s “Green Deal”, Lenzing has developed a clear science-based
climate action plan that aims to significantly reduce greenhouse gas
emissions by 2030 and a net-zero goal (scope 1, 2 and 3) by 2050.
Key Facts & Figures Lenzing Group 2023
Revenue: EUR 2.52 bn
Nominal capacity: 1,110,000 tonnes
Employees (FTE): 7,917
TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™ and REFIBRA™ are trademarks
of Lenzing AG.
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10.12.2024 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com
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Language: English
Company: Lenzing AG
4860 Lenzing
Austria
Phone: +43 7672-701-0
Fax: +43 7672-96301
E-mail: office@lenzing.com
Internet: www.lenzing.com
ISIN: AT0000644505
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2047841
End of News EQS News Service
2047841 10.12.2024 CET/CEST
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