Lenzing AG (LEN.DE) XETRA

Currency In EUR

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Lenzing AG

Address

Werkstrasse 2

Lenzing, 4860

Austria

Phone

43 7672 7010

Sector

Basic Materials

Industry

Chemicals

Employees

7690

First IPO Date

December 29, 2017

Key Executives

NameTitlePayYear Born
Rohit AggarwalChief Executive Officer & Chairman of Management Board1.71MN/A
Christian SkilichChief Pulp & Technology Officer and Member of Management Board1.23M1968
Nico ReinerChief Financial Officer & Member of Management Board1.78M1969
Magistrate Dominic KofnerVice President Corporate Communications & Public Affairs0N/A
Walter BickelChief Transformation Officer & Member of Management Board01959
Johann HuberManaging Director of Plastics0N/A
Sebastien KnusVice President of Capital Markets & Investor Relation0N/A
Florian WirthVice President of Legal, IP & Compliance0N/A
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Description

Lenzing AG, founded in Austria in 1892 and headquartered in Lenzing, is a global producer and supplier of cellulosic fibers derived from wood. These sustainable fibers cater to both the textile and nonwoven industries, with market reach spanning Austria, the broader European continent, Asia, and the Americas. The company's operations are segmented into Fiber, Pulp, and other divisions. Its diverse fiber product range includes Lyocell, utilized in applications such as sportswear, home furnishings, mattresses, and various hygiene articles like wet and baby wipes; Modal fibers; and Viscose fibers, found in clothing fabrics, wipes, tampons, and wound dressings. These products, along with filament yarns, are sold under prominent brand names such as LENZING, TENCEL, VEOCEL, and LENZING ECOVERO. Beyond its core fiber business, Lenzing offers a suite of biorefinery products, comprising bio-based acetic acid, furfural, magnesium lignosulphonate, soda ash, sodium sulphate, and xylose. The enterprise also provides expertise in mechanical and plant engineering, delivers specialized engineering services, and is active in personnel training and development. The firm operated as Chemiefaser Lenzing AG until it adopted its current name, Lenzing Aktiengesellschaft, in 1984.

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