Lenzing news and archive

Lenzing facing leadership change: CEO Rohit Aggarwal announces resignation

Austrian fibre producer Lenzing AG must plan without CEO Rohit Aggarwal. On Tuesday, the company announced that the chief executive will step down from his position on January 31, 2026. The decision was made "for personal reasons," according to a statement. Aggarwal had risen to the helm of the company at the beginning of September last year as...

ResearchPress Release

Synthetic viscose fiber market to reach 37.4 billion dollars amid sustainability push

The global synthetic viscose fiber market is projected to expand significantly over the next decade, according to a new report from Allied Market Research (AMR). The market, valued at 19 billion dollars in 2024, is forecast to reach 37.4 billion dollars by 2034, registering a compound annual growth rate (CAGR) of seven percent. This growth is...

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Business

Lenzing reports resilient performance in first nine months of 2025

Lenzing AG recorded a resilient performance in the first nine months of 2025, marked by a modest 0.7 percent rise in revenue to 1.97 billion euros and a 29.1 percent surge in EBITDA to 340.4 million euros, driven partly by the sale of surplus emission allowances. This strong profitability was achieved despite a volatile third quarter impacted by...

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Circ announces first sourcing partnership with H&M

Circ, the only textile-to-textile recycler capable of taking polycotton blends and fully recovering both the polyester and the cellulose for reuse, is collaborating with the H&M Group. The move will see H&M incorporating Circ’s recycled fibres from polycotton textile waste into its product offerings for the first time. The first products will...

Fashion

Lenzing launches new fibre Tencel Lyocell-HV100

Austrian fibre specialist Lenzing is launching a new cellulose fibre. The fibre, named Tencel Lyocell-HV100, is a new innovation that features deliberate irregularities and is inspired by the textured aesthetic of natural fibres. Lenzing stated in a press release that this development was driven by market demand. The natural-looking, irregular...

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Lenzing to cut approximately 600 jobs at its headquarters

Austrian fibre producer Lenzing AG has further intensified its cost-saving programme. The new measures will affect numerous jobs at the headquarters in Lenzing, Austria. “Approximately 300 jobs will be cut, particularly in the administrative sector, with 250 of these to be eliminated by the end of 2025. The aim is to make Lenzing's...

People

Lenzing extends Christian Skilich's mandate, appoints Mathias Breuer new CFO

The supervisory board of the Austrian cellulose fibre producer Lenzing AG has extended the mandate of management board member Christian Skilich prematurely by a further three years until May 2029. Skilich, who has been a member of the management board of Lenzing AG since June 2020, as chief pulp and chief technology officer, is responsible for...

BusinessPartner Content

Lenzing Pro in action: How digital solutions are reshaping the future of fashion’s supply chain

At 8 AM across three continents, the same operational challenges unfold. In Europe, a spinner frantically toggles between fragmented PDFs, searching for fiber specifications that should take seconds to find, not hours. Meanwhile, across Asia, a fabric mill manager juggles messages, emails, and phone calls—all because completing one single step...

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Lenzing reports revenue growth and profitability in H1 2025

Austrian fibre producer Lenzing AG achieved revenue growth in the first half of the 2025 financial year. Thanks to successful reforms, the company has returned to profitability. Recently, however, Lenzing AG has felt the effects of the increasingly difficult economic climate. "In the second quarter, however, international customs measures and...

BusinessPartner Content

Bridging quality and circularity: how TENCEL™ Lyocell is unlocking recycled natural fibers’ commercial potential

Following Milano Unica’s successful showcase of innovative textile solutions earlier this month, we spoke with Carlo Covini, Lenzing’s Textile Accounts Manager for Italy and Switzerland, about collaborative innovations that are changing how recycled natural fibers are used. In today’s textile industry, sustainable fabrics are becoming a favoured...

BusinessPartner Content

Rethinking What’s Possible with Lenzing at Future Fabrics Expo 2025

The future of sustainable fabrics is closer than you’d think, with a flurry of next-gen materials, innovative technologies, and circular solutions that balance profitability with the well-being of the environment and people taking center stage at the Future Fabrics Expo 2025. Part of London Climate Action Week, the trade fair, which marked its...

BusinessPress Release

Lenzing, Marchi & Fildi S.p.A, and manufacturing partners unlock premium quality for recycled natural fibers with TENCEL™ Lyocell

The Lenzing Group, a leading supplier of regenerated cellulosic fibers for the textile and nonwovens industries, has unveiled innovative fabric blends that address one of fashion’s most persistent circularity challenges: maintaining premium quality while incorporating significant recycled content. Through strategic manufacturing partnerships,...