#Yarn & Fiber

2025-08-28

Lenzing AG accelerates energy transition with expanded renewable energy portfolio

The Lenzing Group, a leading provider of regenerated cellulose fibers for the textile and nonwoven industries, is setting another milestone in the energy transition by expanding its photovoltaic capacities at its Lenzing site. Together with VERBUND, a new PV plant with a capacity of 1.3 megawatts peak (MWp) has been commissioned, increasing the total capacity of the PV plant park to 8.3 MWp. Lenzing is thereby investing in a stable and diversified energy supply and is also making an active contribution to the energy transition.

VERBUND is accompanying Lenzing on its path to energy independence and, as a reliable partner, is providing significant support for the expansion of renewable energies.

In recent years, Lenzing has continuously invested in the expansion of renewable electricity and energy sources. In addition to its PV plant park, the company operates numerous other sustainable energy projects, including three small hydropower plants with a total output of 2.3 MW. In addition, several supply contracts have been concluded in recent years, for example with WLK energy for the purchase of around 13 MW of wind energy, and with green electricity producers Enery and Energie Steiermark to finance a photovoltaic plant with a capacity of 5.5 MWp in the district of Deutschlandsberg.

“To ensure our long-term competitiveness, we are focusing on a sustainable energy mix of biomass, photovoltaics, wind energy, and hydropower. Investments in renewable energies and production that is as energy autonomous as possible are central components of our strategy. Political support – for example, through electricity price subsidies – is equally essential in order to achieve our ambitious sustainability and climate goals,” explains Christian Skilich, member of the Lenzing Group Executive Management.

Martin Wagner, Managing Director of VERBUND Energy4Business, emphasizes the importance of this strategic cooperation: “The partnership with Lenzing is an important step for us toward a sustainable energy future. Together, we are not only shaping energy independence of companies, but also actively contributing to the energy transition. The new photovoltaic system is further proof that we are driving forward the transformation of the energy market through cooperation. VERBUND remains a reliable partner in supporting companies such as Lenzing on their path to a more sustainable future.”

Lenzing is thus also steadily moving closer to its net-zero target. Lenzing updated its climate targets for 2024 to align its commitment to climate protection with the goals of the Paris Agreement to limit global temperature rise to 1.5 degrees Celsius. The Science Based Targets Initiative (SBTi), the leading authority on climate-related target setting, reviewed and confirmed the target increase. Lenzing is the only producer of regenerated cellulose fibers with a scientifically confirmed net-zero target.

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.

Lenzing AG refines strategy and strengthens competitiveness for a challenging environment

Lenzing AG, a leading provider of regenerated cellulosic fibers, refined its strategy to strengthen its global positioning and competitiveness. With this step, the company responds to the ongoing challenges in the global textile and nonwovens markets as well as geopolitical changes. Cornerstones of the refined strategy include focusing on high-performance fibers, enhancing operational efficiency and asset footprint optimization, which should further unlock the company’s full value creation potential.

Lenzing AG places new hybrid bond of EUR 500 million

The Lenzing Group, a leading global supplier of regenerated cellulose fibers for the textile and nonwovens industries, has successfully placed a new hybrid bond with a volume of EUR 500 mn. The bond, which has a non-call period of three years, was offered to both existing investors of the hybrid bond issued in December 2020 and new investors.

Better, faster, bio-based: Functional new Plastic alternatives

How can new bio-based and biohybrid materials with improved features be developed faster? Six Fraunhofer institutes are jointly exploring this question in the SUBI²MA flagship project, using an innovative bio-based polyamide developed by Fraunhofer researchers as a model. Its specific properties make it a promising alternative to fossil-based plastics.

Compact, powerful, cost-efficient – KARL MAYER launches its HKS 2-SE TWO

KARL MAYER is launching a new two-bar tricot machine for the elastic sector at ITMA ASIA + CITME 2025. This newcomer is called HKS 2-SE TWO, stands for double customer benefits, and offers even more advantages than the predecessor model. With this innovation, the leading textile machinery company is once again asserting its top position in the market.

VDMA members at ITMA ASIA + CITME in Singapore

With 69 exhibiting member companies, ITMA ASIA + CITME 2025 is once again marked by a strong presence of VDMA companies. Altogether 82 companies from Germany will exhibit at the show, covering about 3,500 square meters of exhibition space, topped only by China and Italy. VDMA initiated a German Pavilion with two group stands (spinning in hall 4 and finishing in hall 7) with a total of 30 exhibitors.

Marzoli unveals its new textile ecosystem at ITMA ASIA + CITME 2025 at Singapore

With the claim “Designed to Impact”, Marzoli showcases its evolution into a complete engineering company for the textile industry. By combining advanced machinery, digital intelligence, science of materials and innovative services, the company enables textile manufacturers unlock new business opportunities, and accelerate their path to innovation and differentiation.

textile.4U publishes special edition “Top 100 Textile Recycling Companies 2025”

With a comprehensive 176-page special edition, textile.4U is dedicating its latest issue entirely to one of the most dynamic and influential topics in today’s textile industry: textile recycling. The new issue, published exclusively in high-quality print, presents the Top 100 textile recycling companies researched and selected by TexData – organizations that already play a key role in the transition to circular textiles or are expected to have a significant impact in the near future.