for the year 2003
With 21 November 2003 as the effective date, the residual share of 39% in Lenzing Fibers Corporation was transferred to the majority shareholder of the company, a private equity group. The price paid for the transfer was not disclosed.
As a finale to the 40-years' anniversary of WWF Austria, major celebrations were held at the Interspot Film Studio in Vienna on 20 November 2003. Politicians, representatives of the business community and society people gathered to toast the occasion.
Neusiedler SCP started up the CBC cooking plant at Ruzomberok, Slovakia
Weak US dollar and cyclical development affect fiber market – Second semester anticipated to be slacker
In the next few days, the longest Lyocell quilt in the world (759 m long), which Lenzing AG presented to the public in May of this year, will embark on its journey to Romania.
Lenzing AG: Satisfactory First Quarter 2003 after 2002 – the Best Business Year in the Company's History
In 2003, Lenzing AG does not only celebrate its 65th birthday but also the production of 5 million tons of fibers at the Lenzing site.
In spite of a difficult cyclical environment during fiscal 2002, the Lenzing Group succeeded in achieving the best result in the company's history.