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Lenzing Q1 profit tumbles 58.6%

2020-05-06 18:36:00| Daily apparel & textile news and comment - from just-style.com

Austrian cellulosic fibre producer Lenzing has reported a drop in both profit and revenue in the first quarter of 2020 as the firm continues to be plagued by lower selling prices for standard viscose amid the impact of Covid-19.

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Specialty fibre focus helps Lenzing in difficult year

2020-03-13 15:44:00| Daily apparel & textile news and comment - from just-style.com

Austrian cellulosic fibre producer Lenzing has reported a fall in both full-year earnings and revenue, but warns the coronavirus (Covid-19) outbreak continues to cloud visibility on the year ahead.

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Lenzing Appoints VP Capital Markets

2020-03-10 14:30:00| Nonwovens Industry Breaking News

Stephan Trubrich joined the company on March 1

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Lenzing Chinese Production Back to Full Capacity

2020-02-21 14:18:00| Nonwovens Industry Breaking News

Fiber producer previously scaled back operations due to raw material supply shortages because of transport controls linked to coronavirus epidemic

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Lenzing FY profit falls as firm writes off US engineering costs

2020-01-28 13:15:00| Daily apparel & textile news and comment - from just-style.com

Austrian cellulosic fibre producer Lenzing has reported a drop in its preliminary 2019 figures with both earnings and revenue affected by lower selling prices for standard viscose and the write-off of engineering costs related to its mothballed US lyocell expansion project.

Tags: us costs firm engineering

 

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