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    EANS-News  170  0 Kommentare Lenzing AG / First direct complete train with Austrian TENCEL(TM) fibers arrives in China after 16 days

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    Corporate news transmitted by euro adhoc with the aim of a Europe-wide
    distribution. The issuer is responsible for the content of this announcement.
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    The Lenzing Group was the first Austrian company to send goods 100 percent "Made
    in Austria" by train directly to China.

    Company Information

    Xi'an, China - The Lenzing Group is breaking new ground due to the short-term
    increase in demand for sustainably produced fibers from Chinese customers. For
    the first time, the company delivered wood-based cellulosic fibers, which are
    produced at the Austrian sites in Lenzing and Heiligenkreuz, directly to China
    by train. Thanks to this new transport route, Lenzing is able to meet the urgent
    demand of its Chinese customers twice as quickly as by the usual sea freight.

    The first complete train with goods 100 percent "Made in Austria" started on
    August 20 in the presence of Leonore Gewessler, Federal Minister for Climate
    Action, Environment, Energy, Mobility, Innovation and Technology, His Excellency
    Xiaosi Li, Ambassador of the People's Republic of China in Austria, Stefan
    Doboczky, Chief Executive Officer of the Lenzing Group, Thomas Kargl, Board
    Member of the ÖBB Rail Cargo Group, Erwin Cootjans, Chief Executive Officer of
    Nunner Logistics, and Erich Hampel, Chairman of the Board of the B&C Private
    Foundation, at the Vienna South Terminal and reached his destination on
    September 05 at the Xinzhu train station in Xi'an, China. The train loaded with
    41 containers with TENCEL(TM) branded lyocell and modal fibers and a total value
    of EUR 1.8 mn, passed a total of 10,460 km in seven countries: Austria, the
    Czech Republic, Poland, Belarus, Russia, Kazakhstan and China.

    The first Lenzing fiber train was received in a grand ceremony on Tuesday,
    September 08 at the container terminal in Xi'an. Numerous guests, including the
    Austrian ambassador to China, Friedrich Stift, representatives of the Xi'an
    Municipal Government, the China Railway Xi'an Group, the Xi'an International
    Trade & Logistics Park as well as representatives of the Lenzing Group, the
    China National Textile and Apparel Council, Lenzing customers and the media
    attended the ceremony.

    In his speech, Friedrich Stift, Austrian ambassador to China, emphasizes the
    importance of international trade and sustainable development: "The delivery of
    Austrian-made products through the CHINA RAILWAY Express adheres to the
    sustainable concept of Lenzing. Since China and Austria signed the bilateral
    railway cooperation agreement in 1994, the two countries have maintained good
    cooperation in the railway field and will continue to do so in the future. China
    is Austria's largest partner in Asia, and it is believed that after the outbreak
    of the corona crisis bilateral trade will normalize in 2021."

    "This is the first time for the Lenzing Group to deliver Austrian-made TENCEL
    (TM) branded fibers directly to Chinese customers. The Silk Road has been a main
    transport route between Europe and Asia since ancient times. Chinese consumers
    affectionately call TENCEL(TM) fibers 'Silk from Heaven'. The China-Europe
    Express can reduce the transport time between Europe and China by half, thus
    meeting Chinese customer's demand for environmentally friendly fibers more
    quickly", states Hu Jian, Senior Vice President of the Lenzing Group for North
    Asia.

    Zwtl.: TENCEL(TM) fibers for more sustainable fashion

    For local brands and retailers in China, sourcing sustainable goods is becoming
    increasingly important. For this reason, many manufacturers rely on TENCEL(TM)
    fibers, which contribute to a clean environment thanks to the renewable raw
    material wood and the ecologically responsible production. The Lenzing Group's
    high-quality fibers are biodegradable and form the basis for a variety of
    textile applications.

    Photo download [https://mediadb.lenzing.com/pinaccess/
    showpin.do?pinCode=DQwVeHSseRcn]
    PIN: DQwVeHSseRcn



    Further inquiry note:
    Filip Miermans
    Vice President Corporate Communications & Public Affairs
    Lenzing AG
    Phone: +43 664 8477802
    E-mail: f.miermans@lenzing.com

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

    issuer: Lenzing AG

    A-4860 Lenzing
    phone: +43 7672-701-0
    FAX: +43 7672-96301
    mail: office@lenzing.com
    WWW: http://www.lenzing.com
    ISIN: AT0000644505
    indexes: WBI, ATX
    stockmarkets: Wien
    language: English

    Additional content: http://presseportal.de/pm/9785/4701360
    OTS: Lenzing AG
    ISIN: AT0000644505



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