#Yarn & Fiber

2024-08-15

Lenzing again among the top 1 percent of world's most sustainable companies

The Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, has been awarded platinum status in the EcoVadis CSR rating. The rating comprehensively covers the four most important practices in the area of corporate social responsibility: environment, fair working conditions and human rights, ethics, and sustainable procurement.

LENZING Viscose, ECOVERO fibers and woodchips © 2024 Lenzing

For the fourth time in a row, Lenzing has been awarded platinum status by EcoVadis, a leading international provider of sustainability ratings for companies. This puts Lenzing in the top one percent of companies rated by EcoVadis worldwide. Lenzing achieved the greatest progress this year in the categories of sustainable procurement and ethics. Lenzing also outperformed the previous year in the areas of labor and human rights as well as certifications. Since its foundation in 2007, EcoVadis has developed into the world's largest and most trusted provider of sustainability ratings for companies and has created a global network of more than 130,000 rated companies worldwide. The methodological framework evaluates companies' policies, measures and activities, as well as their published reports on the environment, labor and human rights, ethics, and sustainable procurement.

“At Lenzing, we are working hard to make our industries even more sustainable and to drive the transformation of the textile business model from a linear to a circular economy model. This approach is firmly anchored in our strategy and corporate values. I am, therefore, particularly pleased about the highest rating from the internationally renowned organization and am proud that we as the Lenzing Group have now been awarded platinum status for the fourth time,” says Stephan Sielaff, CEO of the Lenzing Group.

In line with its "Naturally Positive" sustainability strategy, the Lenzing Group has set ambitious targets in each of its core strategic areas to further strengthen its transition from a linear to a circular economy model. Every year, Lenzing provides updates on its sustainability initiatives and the progress made in its annual sustainability report. This level of commitment and transparency was also positively emphasized by EcoVadis in its assessment. You can find out more about Lenzing's sustainability goals, progress and other renowned rankings in the online Sustainability Report 2023 at https://reports.lenzing.com/annual-and-sustainability-report/2023/.

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.

Durak Tekstil enters 2026 with positive momentum, strengthens its global market focus

Durak Tekstil, maintaining its profitability and turnover levels in 2025 compared to the previous year, prioritizes growth through its export-oriented sales strategy. Increasing both its capacity and utilization rate, the company anticipates further gains in 2026 through expansion in global markets.

Vandewiele Group: Innovation across the textile value chain at ICFE Istanbul 2026

At the 2026 Istanbul Carpet & Flooring Expo (ICFE), Vandewiele Group presents its latest advancements spanning the entire textile value chain. From spinning and weaving to tufting, carpet manufacturing and digital finishing, the Group demonstrates how integrated innovation can boost performance, efficiency and sustainability across all stages of production. As a global technology leader, Vandewiele continues to develop solutions that strengthen processes, enhance product quality and enable smarter, greener manufacturing.

CARBIOS and Wankai sign strategic PET biorecycling pact

CARBIOS (Euronext Growth Paris: ALCRB) and Wankai New Materials (“Wankai”), a listed subsidiary of Zhink Group, the 3rd largest PET producer in China and 4th worldwide, announce the signing of the definitive agreement establishing a strategic partnership for the industrial rollout of CARBIOS’s PET biorecycling technology in Asia. The first milestone will be the construction of a PET biorecycling plant in China.

Global textile expertise meets high-end contract design: Heimtextil and Hospitality Interiors Europe announce partnership starting 2027

Heimtextil further expands its role as the global leading trade fair for home and contract textiles and textile design – and starts a new partnership with the format Hospitality Interiors Europe (HINT). With the launch, a complementary event will take place alongside Heimtextil 2027, targeting decision-makers from the hotel and high-end hospitality design sector. Both platforms combine their strengths, create tangible synergies for exhibitors and visitors – and expand the holistic interior design offering for architecture, interior design, hospitality and the contract sector. Hospitality Interiors Europe already presents itself at Heimtextil 2026 with its own dedicated lounge area.

Tunicotex Group boosts OTDP to 85%, cuts planning time by 25% & expands production capacity by 40%

Coats Digital is delighted to announce that following the implementation of FastReactPlan, leading Tunisian premium knitwear manufacturer, Tunicotex Group, has significantly improved its on-time delivery performance from 75% to 85%, reduced planning time by 25%, minimised delays and penalty costs, and unlocked 40% additional capacity to take on more customer orders and support sustained business growth.