News

Lenzing feels pinch as fibre prices decline 13%

21/03/2014
Lenzing feels pinch as fibre prices decline 13%

Fibre producer Lenzing Group has blamed “extremely weak” fibre prices for the decline of sales during 2013 but says it saw good demand in terms of volume and record shipments. The Austrian company plans to counteract the weak prices with a previously announced cost cutting plan, alongside a “marketing offensive” for specialty fibres. Sales in...

To continue reading this story, please sign in or register.

Related stories:

Lenzing to ramp up Tencel production 21/08/2014
China’s cotton stockpile means market uncertainty, says Lenzing 16/05/2014
New chief financial officer at Lenzing 08/04/2014
New Lenzing product attracts Sandler 19/03/2014
Lenzing’s Tencel passes eco review 27/02/2014
New board member at Lenzing 07/02/2014
European Investment Bank invests €100m in Tencel 04/02/2014
Lenzing agrees social plan to cushion job losses 17/12/2013
Invista and Lenzing add performance to demin 02/12/2013
Tencel give ski baselayer shirt a local touch 22/11/2013
Largest ever Intertextile champions innovation and sustainability 18/10/2013

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.