#lenzing

This text was written by Comply with Looking for Alpha’s transcripts crew is liable for the event of all of our transcript-related initiatives. We presently publish hundreds of quarterly earnings calls per quarter on our web site and are persevering with to develop and broaden our protection. The aim of this profile is to permit us to share with our readers new transcript-related developments.…

Produzida com fibras que geram pelo menos 50% menos emissões de carbono e consumo de água , a linha “Autobiografia” convida a explorar e refletir sobre as memórias emocionais com sofisticação e inovação Entre os passos sutis da dança do tempo, talvez o mais precioso seja aquele que nos deixa lembranças — memórias que moldam quem somos e o que carregamos. Na moda, não é diferente: cada peça traz…

Lenzing – The Supervisory Board of Lenzing AG has appointed Georg Kasperkovitz as a member of the Managing Board and Chief Operations Officer (COO) of Lenzing AG with effect from June 1, 2025. Georg Kasperkovitz (58) brings more than 15 years of experience in various management functions in Europe, North America and Asia – Lenzing’s most important production regions and markets. During his career, Kasperkovitz has held positions including Business Unit CEO at the international packaging and paper company Mondi plc (2016-2019), CEO of Rail Cargo Austria AG (2012-2016) and at the international consulting firm McKinsey (1999- 2012, most recently as a partner). Georg Kasperkovitz is a qualified mechanical engineer (Dr. techn., TU Vienna) and holds an MBA from Harvard Business School.

At Lenzing, as COO in the now four-member Managing Board, he will manage the company-wide fiber production sites and drive forward the ongoing performance program and, thus, operational cost excellence and the transformation of the entire company. He will also take over the management and further development of the site in Lenzing (Upper Austria).

Patrick Lackenbucher, Chairman of the Supervisory Board of Lenzing AG, comments: “Lenzing AG has been able to report a continuous increase in earnings in recent quarters – despite the difficult market environment. The current macroeconomic challenges, persistently high energy costs and intensified global competition continue to require full focus on the implementation and further development of the current performance program. Profitability is crucial for Lenzing in order to survive in global competition in the long term and to be able to continue investing in new products and markets. With Georg Kasperkovitz, we are therefore strengthening our Managing Board with sound operational transformation expertise – and relevant experience in the nonwovens market.”

Georg Kasperkovitz, designated Chief Operations Officer of Lenzing AG: “I am looking forward to contributing my experience to the company as COO of Lenzing AG. Operational excellence and increasing the profitability of the fiber sites will be the focus of my work. Together in the Managing Board, with the management and with all employees, the aim is to work efficiently in a difficult market environment and to further strengthen the competitiveness of Lenzing AG.”

On April 19, 2024, around 8:36 am, A fire broke out at the factory premises of the Lenzing AG in Austria plant, as confirmed by a spokesperson from Lenzing. As per many videos rotating on social network sites thick clouds of smoke could be seen from miles.

The Lenzing Group, a world-leading provider of specialty fibers for the textile and nonwoven industries, has made significant technical improvements to its Purwakarta site (PT. South Pacific Viscose). Lenzing has invested more than EUR 100 million since 2021 to convert existing production capacity to specialty viscose. With the imminent completion of the investment, Lenzing is in a better…

Lenzing Group to invest €200 million in China and Indonesia

Lenzing Group is to invest more than €200 million in its production sites in Indonesia and China. Both investments are fully in line with Lenzing’s target to reduce its greenhouse gas emissions per ton of product by 50% by 2030. In China, the company will establish the first wood-based fiber complex independent of coal as an energy source. Using natural gas-based cogeneration, Lenzing will reduce…

Lenzing launches the Tencel E-Shop, the first such platform operated by a fiber manufacturer

Fiber giant Lenzing said on Monday that it started Tencel eShop, “the industry’s first e-commerce platform managed by a fiber manufacturer”. This will “bridge the gap between manufacturers and end users by curating a diverse mix of clothing and housewares made from Tencel branded fibers”. Lenzing / Tencel It is seen as “a new milestone in the advancing digitization and mission of Lenzing to…