EANS-News

Lenzing AG / Successful Start-up of World's Largest TENCEL® Production Plant in Lenzing (1) - Seite 2

complements Lenzing's specialty strategy.

With a construction time of 24 months, Lenzing completely adhered to
both the budgeted investment costs as well as all timetables. The
TENCEL® production in Lenzing secures 140 jobs at the Lenzing site.

Thanks to the new plant, annual nominal TENCEL® production capacity
of the Lenzing Group will rise from 155,000 tons p.a. to about
220,000 tons. In this way Lenzing will further expand upon its global
market leadership for TENCEL® fibers and offer its global customers
new expansion opportunities in both the textile and nonwovens
segments as well as new and innovative applications. "The related
market development activities have already been in full swing for
quite a few months", states Robert van de Kerkhof, the Chief
Commercial Officer (CCO) of Lenzing responsible for the fiber
business. Moreover, new technical applications will be opened up and
massively expanded in the years to come.

TENCEL® - the fiber of the future TENCEL® is the latest generation of
man-made cellulose fibers, and is manufactured in a particularly
environmentally-compatible production process awarded the "European
Award for the Environment" by the European Union. Lenzing is the only
industrial-scale supplier of TENCEL® in the world. TENCEL® fibers are
used by the textile industry as well as for nonwovens. Typical
applications of the high-tech fiber TENCEL® include sportswear, soft
denim applications, home textiles as well as baby wipes and cosmetic
wipes. However, TENCEL® is also being increasingly deployed for
technical applications. For example, as a powder added to
construction materials, TENCEL® ensures a pleasant indoor climate.

(1) TENCEL® is a registered trademark of Lenzing Aktiengesellschaft

Further inquiry note:
Lenzing AG

Mag. Angelika Guldt

Tel.: [phone]

Fax: [phone]

mailto:[e-mail]

end of announcement euro adhoc
--------------------------------------------------------------------------------

company: Lenzing AG

A-A-4860 Lenzing
phone: [phone]
FAX: [phone]
mail: [e-mail]
WWW: http://www.lenzing.com
sector: Chemicals
ISIN: AT0000644505
indexes: WBI, ATX, Prime Market
stockmarkets: free trade: Berlin, official market: Wien
language: English