EQS-News: Lenzing AG / Key word(s): Alliance/Sustainability
Lenzing AG / Lenzing and Speyer & Grund set new standards for optimized
sustainable supply chains
14.04.2025 / 09:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
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• New chapter in successful long-term collaboration with acetic acid
storage tank
• Sustainable supply chain and optimized logistics for full flexibility
Lenzing – The Lenzing Group, a leading provider of regenerated cellulose
fibers for the textile and nonwoven industries, and Speyer & Grund,
specialists in vinegar essences and acidulants as well as long-term
partners for LENZING™ Acetic Acid Biobased, announce the completion of a
new acetic acid storage tank. This successful strategic project is not
only a strong signal for the long-term partnership but also marks a new
level of supply chain excellence.
The new storage tank, built at Speyer & Grund’s site in Meerane (Germany),
contains a tank for the exclusive filling with LENZING™ Acetic Acid
Biobased. This is produced as a by-product in pulp production. The now
increased tank capacity also enhances flexibility in the supply chain.
Elisabeth Stanger, Senior Director Biorefinery & Co-Products: “Lenzing is
a European model company of the bioeconomy with its biorefinery products
and the most efficient use of the resource wood. We are pleased with the
long-standing, trusting partnership with Speyer & Grund, which represents
an important step towards an even more sustainable supply chain.”
“LENZING™ Acetic Acid Biobased has been an integral part of our Surig
vinegar essence since 1983. The new tank solution means growth for us with
maximum supply security. At the same time, we increase flexibility for
delivery logistics as an important component for close cooperation with a
strong partner,” explains Axel Rosener, Managing Director of Speyer &
Grund GmbH.
The ceremonial commissioning of the acetic acid storage tank took place on
Thursday, April 10, 2025.
The biorefinery process in Lenzing optimally utilizes the renewable raw
material wood, the starting material for pulp and fiber production, and
converts it into valuable products such as biobased acetic acid. LENZING™
Acetic Acid Biobased, which has a carbon footprint over 85 percent lower
than fossil-based acetic acid, is used in the food, pharmaceutical,
cosmetic, cleaning, chemical, and textile industries and in textile sector
processes such as washing, dyeing, and finishing.
Photo download:
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Your contact for
Public Relations: Biorefinery & Co-Products:
Dominic Köfner Elisabeth Stanger
Vice President Corporate Sr. Dir. Comm. Affairs Bioref. &
Communications, Public Affairs & Co-Products
Investor Relations Lenzing Aktiengesellschaft
Lenzing Aktiengesellschaft Werkstraße 2, 4860 Lenzing, Austria
Werkstraße 2, 4860 Lenzing, Austria
Phone +43 7672 701 2958
Phone +43 7672 701 2743 E-mail (4)e.stanger@lenzing.com
E-mail (2)media@lenzing.com Web (5)www.lenzing.com
Web (3)www.lenzing.com
About the Lenzing Group
The Lenzing Group stands for the responsible production of specialty and
premium fibers based on regenerated cellulose. 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 are the raw material for a wide range of textile
applications – ranging from functional, comfortable, and fashionable
clothing through to durable and sustainable home textiles. TÜV-certified
biodegradable and compostable Lenzing fibers are also ideal for demanding
use in everyday hygiene applications.
The Lenzing Group’s business model extends far beyond that of a
traditional fiber producer. Together with its customers and partners,
Lenzing develops innovative products along the value chain, adding value
for consumers. The Lenzing Group strives for efficient utilization and
processing of all raw materials and offers solutions for the transition of
the textile industry from the current linear economic system to a circular
economy. In order to align its commitment to limiting man-made climate
change with the goals of the Paris Agreement, Lenzing has a clear,
science-based climate action plan that provides for a significant
reduction in greenhouse gas emissions (Scopes 1, 2, and 3) by 2030 and a
net-zero target by 2050.
Key Facts & Figures Lenzing Group 2024
Revenue: EUR 2.66 bn
Nominal capacity (fibers): 1,110,000 tonnes
Employees (full-time equivalents): 7,816
TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™, and REFIBRA™ are trademarks
of Lenzing AG.
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14.04.2025 CET/CEST This Corporate News was distributed by EQS Group.
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: 2116726
End of News EQS News Service
2116726 14.04.2025 CET/CEST
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