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Lenzing attributes 2022 growth to higher fibre prices

09/03/2023
Lenzing attributes 2022 growth to higher fibre prices

Austria-based fibre manufacturer Lenzing has reported year-on-year revenue growth of 16.9% for fiscal 2022, a feat it “primarily” attributed to higher fibre prices caused by unfavourable global energy and raw material market dynamics.  The producer noted reduced sales of its wood-based cellulosic fibres, but added that the quantity of pulp it...

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