Lenzing AG (LEN.DE) XETRA

24.80

+0.55(+2.27%)

Updated at May 22 04:31PM

Currency In EUR

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
Walter BickelChief Transformation Officer & Member of Management Board01959
Magistrate Dominic KofnerVice President Corporate Communications & Public Affairs0N/A
Johann HuberManaging Director of Plastics0N/A
Sebastien KnusVice President of Capital Markets & Investor Relation0N/A
Florian WirthVice President of Legal, IP & Compliance0N/A

Description

Lenzing Aktiengesellschaft produces and markets wood-based cellulosic fibers for the textile and nonwoven sectors in Austria, rest of Europe, Asia, the Americas, and internationally. The company operates through Division Fiber, Division Pulp, and Others segments. It offers lyocell fibers for applications in sportswear, home textiles, and mattresses, as well as hygiene articles such as wet wipes and baby wipes; modal fibers; viscose fibers for use in clothing fabrics, wipes, tampons, and wound dressings; and filament yarns under the LENZING, TENCEL, VEOCEL, and LENZING ECOVERO brand names. The company also provides biorefinery products comprising acetic acid biobased, furfural biobased, magnesium lignosulphonate biobased, soda ash, sodium sulphate, and xylose. It also operates in the field of mechanical and plant engineering; engages in the training and personnel development activities; and provides engineering services. The company was formerly known as Chemiefaser Lenzing AG and changed its name to Lenzing Aktiengesellschaft in 1984. Lenzing Aktiengesellschaft was founded in 1892 and is headquartered in Lenzing, Austria.