Press Information

for the year 2011

Wednesday, 21 December 2011

Lenzing Group and smartfiber AG Intensify Their Cooperation

Lenzing AG, world market leader for man-made cellulose fibers and the German company smartfiber AG/Rudolstadt are expanding their cooperation. In the future Lenzing will exclusively produce the lyocell specialty fibers smartcel™ and SeaCell® developed by smartfiber at the Lenzing site in Upper Austria.

Tuesday, 15 November 2011

Lenzing Group Reports Continued Good Development

In the first nine months of 2011, the Lenzing Group succeeded in significantly improving all relevant indicators in comparison to the previous year, and is thus performing in line with the expectations defined in the half-yearly report.

Friday, 11 November 2011

Sustainable Wood Certificate Award for Lenzing AG

Herbert Grill given PEFC award in recognition of his exceptional support for PEFC objectives

Thursday, 27 October 2011

Lenzing Fibers are the 2011 World Champions

Austrian Police Team in New YorkGottfried Post at competition

The protective fiber Lenzing FR® and the workwear fiber TENCEL® proved themselves by winning two world championship titles at the World Police & Fire Games 2011 in New York. Lenzing is inviting the world champions Herbert Krenn and Gottfried Post to the A+A 2011 in Düsseldorf.

Wednesday, 12 October 2011

Austria‘s Leading Companies (ALC): Lenzing Tops Upper Austrian Ranking Among the Big Players

[Translate to english:] Lenzing WirtschaftsBlatt

For the 13th time the business daily WirtschaftsBlatt set out to identify Austria’s most successful companies in collaboration with the credit reference agency KSV1870 and PwC. The Austria’s Leading Companies Awards (ALC) focuses on the solid performance of a firm over a period of years and not just short-term performance indicators. The current analysis not only evaluated business results in the years 2008 – 2010, but also attached considerable importance to the issue of sustainability. Lenzing AG convinced the jury in Upper Austria and won in the category Big Player.

Tuesday, 27 September 2011

Lenzing Extends Management Board Mandate of Friedrich Weninger

The Supervisory Board of Lenzing AG has extended the Management Board mandate of Friedrich Weninger (54) for a further three years until the end of 2014. Friedrich Weninger serves as Chief Operating Officer (COO) and is accordingly responsible for the business operations of the Lenzing Group (except Engineering). Friedrich Weninger has been working for Lenzing for 22 years.

Monday, 19 September 2011

Lenzing AG Receives Vöckla Award for the Third Time

The Vöckla Award bestowed by the regional TV station BTV Vöcklabruck honors prominent people in the region each year as well as associations and companies in recognition of their achievements. Within the context of an event held at the Varena Vöcklabruck, Lenzing AG was granted the “Vöckla” in the category Large Companies. Thus this year’s prize is the third time in which Lenzing was given an award in different categories.

Wednesday, 07 September 2011

Lenzing Group: Capacity expansion completed at the Heiligenkreuz/Burgenland plant

The Lenzing Group has successfully completed its capacity expansion drive initiated three years ago at the fiber production facility located in Heiligenkreuz (Burgenland, Austria). Production capacity of the cellulose fiber TENCEL® was increased in several expansion steps by 25,000 tons to 60,000 tons per year at the current time. A total of about EUR 60 mill. was invested at the Heiligenkreuz site during this period, and the total number of employees working at the plant rose to the current level of more than 200 people.

Friday, 02 September 2011

Lenzing Co-Products: New Name – Proven Quality

For years the Chemical Sales Department of Lenzing AG has been marketing valuable products derived from the pulp and fiber production processes, such as high quality acetic acid, the chemical furfural or sodium sulfate. Now this division has been given a new name: Lenzing Co-Products. The underlying reason was the reorientation of the global strategy for the upcoming years.

Friday, 26 August 2011

Austria: Country of Innovation – Lenzing Participates in the New “Research Offensive”

Group photo: Wilhelm Feilmair, Lenzing AG (2nd f. left), signed the research declaration in the absence of CEO Peter UnterspergerPortrait: Peter Untersperger, Chief Executive Officer of Lenzing AG

Eleven renowned domestic companies have committed themselves to increasing their research expenditures by 20 percent, investing EUR 750 mill. for this purpose by the year 2015. This was the content of the declaration “Austria: Country of Innovation“ which was signed by Doris Bures, the Federal Minister for Transport, Innovation and Technology, along with representatives of the eleven companies at the Alpbach Technology Talks.

Tuesday, 23 August 2011

Lenzing Group: Most Successful First Half-Year in the Company’s History

Outstanding second quarter 2011

Positive outlook for 2011 confirmed

Tuesday, 16 August 2011

Lenzing Nanjing starts up new fiber production line

Lenzing capacity in China nearly doubled to 140,000 tons p.a.

Tuesday, 05 July 2011

Lenzing remains in the VÖNIX Sustainability Index of the Vienna Stock Exchange

Lenzing belongs to the exclusive group of the very best sustainable companies for the sixth successive year

Wednesday, 15 June 2011

Another Horse in the Pegasus Herd

Lenzing wins the Golden Pegasus Award – the most important business prize of the Province of Upper Austria.

Wednesday, 15 June 2011

Lenzing AG successfully completes “Re-IPO” – Allocation at Offer Price of € 92 – Total Issue Volume of € 568 Million

Lenzing, June 15, 2011 – Lenzing AG (“Lenzing“), a world market leader in cellulose fibers listed on the Vienna Stock Exchange, successfully completed the “Re-IPO” started on May 31. The new shares from the capital increase as well as the existing shares sold by the majority shareholder B & C Group were allocated at an offer price of € 92. Despite difficult market conditions, the offering was met with great interest by Austrian and international investors. The goals of the transaction, to substantially increase the free float and thus, in the long term, the attractiveness of Lenzing’s share as well as to strengthen the Company’s equity base, were fully achieved. With a total volume of approx. € 568 million (excl. greenshoe), the transaction was one of the largest on the Vienna Stock Exchange in recent years.

Tuesday, 15 June 2010

“Re-IPO” of Lenzing AG at an Offer Price of € 92

Vienna/Lenzing, June 15, 2011 – Lenzing AG (“Lenzing” or the “Company”) and B & C Iota GmbH & Co KG (“B & C Iota”) as well as B & C Industrieholding GmbH, both subsidiaries of B & C Privatstiftung (together with its consolidated affiliates, the “B & C Group” or “B & C”), fixed the offer price for the offering of new and existing shares of Lenzing (the “Re-IPO”) at € 92 per offered share. A total of 6,725,000 shares have been allocated, including 825,000 new shares from a capital increase of Lenzing with subscription rights (“Rights Offering”), 5,351,379 shares from the selling shareholder B & C Iota, and 548,621 shares from an overallotment option granted by B & C Iota to the syndicate of banks. Accordingly, the total issue volume, including overallotments, amounts to approximately € 619 million. Lenzing will generate gross proceeds of approximately € 76 million.

Tuesday, 07 June 2011

Historical Day for Lenzing – Kick-Off of Capital Increase with Gala Evening at the Linz Design Center and Two Stock Market Prizes

Twelve international models presented a total of 50 outfits created by international designers incorporating Lenzing fibers in their top-class fashions within the context of a prêt-à-porter fashion show at the Design Center in Linz. 350 handpicked bank customers and potential shareholders as well as friends of Lenzing AG in the business community and political decision makers were invited to attend.

Friday, 20 May 2011

“Artists at Work“

Art Students Work on the Premises of Lenzing AG:

An art competition for students of the Academy of Fine Arts Vienna will take place for the sixth time on the premises of Lenzing AG. A total of 16 students representing all master classes will pay a visit to Lenzing in the period May 23 – 26, 2011.

Tuesday, 17 May 2011

Lenzing AG Produces the Five Millionth Ton of Sodium Sulfate

For more than 70 years Lenzing AG has been manufacturing fibers from the renewable raw material wood. The environmentally-friendly production process, the maximum attainable closed cycle as well as the optimized use of beech wood as a raw material are unique in the industry, and make Lenzing a global trailblazer.

Wednesday, 11 May 2011

Lenzing Group: Record Results in Q1 2011

Most successful quarter in the company’s history – Strong global fiber demand

Thursday, 05 May 2011

Lenzing expects better performance in 2011 than originally forecast

In the first quarter of 2011, the Lenzing Group, a world market leader for man-made cellulose fibers, was able to increase its consolidated sales by 46 % to EUR 532.1 million compared to the same period in the previous year (Q1 2010*: EUR 365.0 million). The increase in EBITDA of 66 % to EUR 114.9 million (Q1 2010*: EUR 69.3 million) was even more pronounced.

Friday, 15 April 2011

Lenzing Share Traded on the Prime Market of the Vienna Stock Exchange as of April 18, 2011

The Lenzing AG, which up until now has been traded on the “Standard Market Continuous“ market segment, will switch to the Prime Market of the Vienna Stock Exchange starting on April 18, 2011.

Tuesday, 29 March 2011

Lenzing Ordinary Shareholders’ Meeting resolves on dividend of 1.55 EUR per share

Michael Junghans follows Hermann Bell as Chairman of the Supervisory Board,

Patrick Prügger elected onto the Supervisory Board

Tuesday, 08 March 2011

Lenzing: 2010 figures confirmed

Management proposes dividend of EUR 1.55 per share for 2010

Monday, 21 February 2011

Lenzing: 2010 results set a new, absolute record

Preliminary results for 2010 show strongest growth of sales and profits in Group history – positive outlook for 2011 and the coming years due to the “cellulose gap“

Friday, 18 February 2011

Lenzing sells plastics filaments business to consortium headed by Global Equity Partners

In order to further streamline its portfolio Lenzing AG has sold its plastics filaments businesses to a consortium of private investors headed by the Austrian group Global Equity Partners (GEP). The consortium jointly acquires directly and indirectly 100 % of the shares in Pedex GmbH (site Affolterbach, Germany), in Hahl Filaments GmbH (site Munderkingen, Germany), in Hahl Filamants s.r.o. (site Plana, Czech Republic), as well as in Hahl Inc. (site Lexington, USA). They produce mainly plastics bristles and monofilaments for a wide range of industrial and consumer goods. It has been agreed not to disclose the acquisition price.

Wednesday, 16 February 2011

TENCEL® + Shellfish = TENCEL® C: The latest fiber innovation from Lenzing

It is a luxury for many people to eat lobster, langouste or shrimps. An experience of joy arises when the seafood’s hard shell is finally cracked and nothing stands in the way of the tender meat andstarting to savor its taste. But the true luxury of these delicacies is the leftover shells, which are usually discarded mindlessly as organic waste. The molecular structural substance of the shell is called chitin, from which one can derive Chitosan. It is not only the scientists of the research department at the Business Unit Textile Fibers of the Lenzing Group who have been extremely impressed with this Chitosan.

Wednesday, 09 February 2011

Eco Responsibility Award by ispo for TENCEL® SUN

Once again Lenzing has won a sustainability prize: for the third time a jury serving on behalf of ispo (International Trade Fair for Sports Equipment and Fashion) has granted the trade fair’s own independent award for sustainable products. The evaluation of sustainability is based on the ESPA key criteria, encompassing logistics, production, eco-compatibility, use, corporate culture and CSR.