Glossary
Cellulose Fibers
Fibers made of natural raw materials (such as wood, cotton and others)
Christian Doppler Laboratories
Named after the Austrian scientist, these laboratories are affiliated with universities or other, non-academic research institutions. They are dedicated to application-oriented fundamental research, solving problems arising from industrial production processes.
www.cdg.ac.at
Competence Center WOOD K plus
Wood K plus is an association of partners from industry (such as Lenzing AG) and science, forming an Austrian research institute for joint research on wood composite materials and wood chemistry.
www.kplus-wood.at
EBIT
Earnings (income) before Interest and Taxes
EBITDA
Earnings (income) before Interest, Taxes, Depreciation and Amortization
EBITDA-Marge
EBITDA in relation to sales
Equity-Methode
A valuation method in group accounting for subsidiaries with a share between 20% and 50%.
FSC paper
Paper manufactured from pulp with sustainability certification by the Forest Stewardship Council.
Furfural
A side product of pulp production. One of its uses is in plant protection agents.
Integration
All process steps of fiber production are located at one site, from wood, to pulp, to fiber.
Lyocell
A novel fiber, developed by Lenzing, produced by an environmentally very sound solvent process. Its properties enable the design and production of new and innovative products. TENCEL® is the Lenzing brand for lyocell fibers.
Man-Made Cellulose Fibers
Fibers industrially produced from natural raw materials (such as wood).
Modal
A fiber specialty that excels with its appealing properties like its particular softness. Modal is a preferred material for high-quality lingerie products. Its technical properties such as tenacity and dimensional stability are superior.
Net Gearing
Net indebtedness in relation to equity
Net Indebtedness
Financial liabilities minus cash funds
Nonwovens
Fibers not spun into yarns for the manufacture of fabrics but made into fleece material used for applications in sensitive areas, such as hygiene, medicine and cosmetics.
Polyolefins
An important group of plastics. Polyethylene (PE) and polypropylene (PP) belong to this group. Primary material for product group thermoplastics in business sector plastics.
PTFE (Polytetrafluoroethylene)
A plastic substance with exceptional thermal and chemical properties. PTFE fibers and yarns are used in hot gas filtration.
Utilities
Forms of energy required for manufacturing processes and for the operation of energy producing plants (examples are compressed air, system vacuum, blanket gas, hot water).
Viscose Fiber
A regenerated cellulose fiber produced by the viscose process. Natural cellulose is first put into solution in the form of a chemical derivative and then regenerated, that is transformed into cellulose, in the course of the spinning process.
