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#Yarn & Fiber

Lenzing raises outlook for current financial year

The Lenzing Group recorded a significantly improved development of its operating result in the first half of 2021. The preliminary EBITDA (earnings before interest, tax, depreciation and amortization) more than doubled year-on-year to EUR 217.8 mn (compared to EUR 95.6 mn in the first half of 2020).

The currently positive environment is still characterized by a high level of uncertainty regarding the COVID-19 pandemic. Despite the continued limited visibility, the Managing Board of the Lenzing Group raises the outlook for the 2021 financial year.

Taking into account the above factors and due to the very positive development of the first half of the year, the Lenzing Group expects the EBITDA in 2021 to reach at least a level of EUR 360 mn.



The results of the Lenzing Group for the first half of 2021 will be published on Wednesday, August 04, 2021.


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#Nonwovens

Lenzing invests EUR 27 million in US facility to expand specialty fibers for nonwovens

The Lenzing Group is investing EUR 27 million (USD 31 million) to expand specialty fiber production capabilities at its lyocell fiber site in Mobile, Alabama, USA. The investment forms part of the company’s “Grow NW. Reset TX.” strategy and will strengthen its global Nonwovens business, with a particular focus on short-cut fibers and customized wood-based solutions for specialty applications.

#Man-Made Fibers

Lenzing improves profitability as strategic transformation gains momentum

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#Man-Made Fibers

Lenzing and Kaihara to debut REMOD denim collection at Kingpins Amsterdam

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#Man-Made Fibers

Lenzing shareholders approve €300 million capital increase

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#Recycled Fibers

C&A and Zalando join Altag® Fiber Club to accelerate adoption of agricultural waste-based fibres

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#Man-Made Fibers

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#Recycled Fibers

Circ and Huafon partner to scale textile-to-textile recycling in China

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#Man-Made Fibers

Dyneema® to unveil next-generation mooring fiber at SMM 2026

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#Textile processing

YKK Bangladesh celebrates 25 years of fastening production and business development

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#ITMA Asia + CITME 2026

Murata Machinery to showcase AIcone winding and high-speed VORTEX spinning at ITMA ASIA 2026

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#ITMA Asia + CITME 2026

DORNIER highlights airbag, filtration and composite weaving technologies at ITMA ASIA 2026

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#Retail & Brands

Marks & Spencer expands across Asia Pacific through partnership with Global Fashion Group

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