#Recycling / Circular Economy

2021-02-18

Lenzing participates in Circular Fashion Partnership

The Circular Fashion Partnership provides an efficient platform for Lenzing to contribute to a long-term, scalable transition to circular fashion. The cross-sectorial project has been initiated by Global Fashion Agenda, the leading forum for industry collaboration and public-private cooperation on fashion sustainability.

Lenzing has joined forces with more than 30 renowned fashion brands, manufacturers and recyclers to capture and reuse textile waste in Bangladesh.

By participating in the Circular Fashion Partnership, Lenzing proactively contributes to the development and implementation of new systems to capture and direct post-production fashion waste back into the production of new fashion products. In addition, the partnership seeks to find solutions for the COVID-19 related pile-up of deadstock and to engage regulators and investors around the current barriers and economic opportunities in Bangladesh. The initiative offers a substantial opportunity for Bangladesh to become a leader in circularity by scaling the recycling capacity in the country and generating more value from these waste streams.

“In close cooperation with leading companies who attach particular importance to sustainability we aim to practice new business models for adopting more circular processes. Together we will facilitate a decrease in textile waste and increase the use of recycled fibers," explains Stefan Doboczky, CEO of Lenzing Group.

As a frontrunner in sustainability, Lenzing aims to make textile recycling a process as common as paper recycling. Since the year 2017, its REFIBRA™ technology successfully combines the environmentally responsible lyocell technology with a closed-loop production process and the upcycling of cotton waste materials. While the fiber is currently available with 30 percent recycled textiles as a raw material, it is Lenzing’s vision to offer fibers produced with REFIBRA™ technology with up to 50 percent recycled content from post-consumer waste by 2024.

Find out more about the Circular Fashion Partnership:

https://www.globalfashionagenda.com/#

Lenzing AG announces new leadership and establishment of Executive Committee

Lenzing AG announced that Rohit Aggarwal, Managing Board Member and Chief Executive Officer of Lenzing AG, has informed the Supervisory Board of his decision to resign from his position due to personal reasons, effective 31 January 2026. To support a smooth transition, Mr. Aggarwal will remain with Lenzing AG as an advisor to the company until end of September 2026. The Supervisory Board expresses its appreciation for Mr. Aggarwal’s leadership and contributions during his tenure.

Lenzing invests EUR 15 mn to strengthen position in the hygiene market

The Lenzing AG is investing approximately EUR 15 mn to expand its production capacity for premium viscose fibers at its site in Lenzing, Austria. This strategic investment is part of the recently announced investment program of EUR 100 mn in total to secure the long-term competitiveness of Lenzing’s Austrian production sites. The capacity expansion reinforces the company’s commitment to providing sustainable solutions to the global hygiene market. It also strengthens the company's role as a trusted provider of high-quality fibers for feminine care applications.

Lenzing AG: Stable revenue and improved EBITDA despite market headwinds

In the first nine months of 2025, Lenzing AG recorded revenue growth and higher EBITDA, but a market-driven volatile third quarter. This performance reflects the effects of ongoing market volatility, tariffs and geopolitical uncertainties. Nevertheless, the medium to long-term outlook remains positive.

Lenzing confirmed as global leader in Canopy sustainability ranking

Lenzing AG has once again taken first place in this year's Hot Button Report published by the Canadian non-profit organization Canopy. With 34.5 out of 40 points and no known risk of sourcing from ancient and endangered forests, Lenzing remains one of the most sustainable companies in regenerated cellulose fiber production – setting a benchmark for responsible business practices in the textile and nonwovens industries.

How innovations drive BASF’s success

“Innovation has always been part of BASF’s DNA. Especially in these volatile times, it is crucial to leverage our innovative strength to develop competitive solutions that differentiate us as a company in our markets and give us a competitive edge,” said Dr. Stephan Kothrade, Member of the Board of Executive Directors of BASF and Chief Technology Officer, at the company’s Research Press Briefing held today. To achieve this, BASF implemented its “Winning Ways” strategy about a year ago with the clear goal of becoming the preferred chemical company to enable its customers’ green transformation.

Textiles Recycling Expo announces collaboration with Future Fabrics Expo for 2026

The Textiles Recycling Expo has entered a major new collaboration with the Future Fabrics Expo which means that both events will run alongside each other at the Brussels Expo, Belgium on 24–25 June 2026. This co-location marks a significant step forward for the textile and fashion industries, bringing together two influential and complementary events under one roof.

Artificial Intelligence in focus: Heimtextil 2026 prepares global textile industry for the future with strong content programme

Artificial intelligence (AI) rapidly transforms the textile industry - from creation and production to pricing, distribution and communication. But how can AI be applied successfully, and where does it truly add value? Heimtextil addresses these questions from 13 to 16 January 2026: The comprehensive programme dedicated to the key future field AI strengthens the global industry and opens up new business opportunities as well as practical applications for design, retail, industry, architecture, interior design and contract furnishing.

Texpertise Focus AI: Messe Frankfurt puts Artificial Intelligence centre stage at its international textile and apparel trade fairs

Under the banner 'Texpertise Focus AI, Messe Frankfurt will place a strong emphasis on Artificial Intelligence (AI) across its international textile and apparel trade fairs from 2026 onwards, setting a future-shaping signal for the industry. The initiative highlights the responsible use of AI along the entire textile value chain, from fibre production to the point of sale. The programme will launch at Heimtextil in Frankfurt in January 2026.