On April 18th. Lenzing (Nanjing) Fiber Co., Ltd held TENCEL? Modal fiber production celebration ceremony in Nanjing. Since its establishment in January 2020, the TENCEL? Modal fiber Project of Lenzing (Nanjing) has been highly valued by Jiangsu Province, Nanjing City and district governments. At pre Read More

On April 14, 2023, Xiamen ITG Group Corp., Ltd.'s textile plate Vietnam office was officially unveiled. This is not only the first branch of ITG textile plate in Southeast Asia, but also another breakthrough in the international market layout of ITG textile sector after ITG Resources (Uzbekistan) In Read More

On April 17, 2023，the Sichuan Yongying New Material Project advanced, taking only 78 days from signing the contract to starting construction, breaking the pace of major projects in Nanchong, Sichuan Daily reported on April 17. At present, the first phase of the project has completed the construction Read More

UBS analyst Michael Lasser predicts that U.S. retailers could close more than 50,000 stores by the end of 2027.Inflation remains the biggest challenge"The pace of store closures will accelerate due to slower consumer spending, reduced credit availability and increased e-commerce penetration," Lasser Read More

Elections to the Supervisory BoardPatrick Prügger retired from the Supervisory Board with effect from the end of the General Meeting due to the expiry of his term of office. After 12 years on Lenzing’s Supervisory Board, Patrick Prügger decided not to stand for another term of office. Patrick Prügge Read More

Nicole van der Elst Desai and Gerhard Schwartz newly elected to the Supervisory BoardCord Prinzhorn re-elected as Chairman of the Supervisory BoardLenzing–On Wednesday, April 19, 2023, the 79th Annual General Meeting of Lenzing AG discharged the members of the Managing Board and the Supervisory Boar Read More