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Lenzing fiber price raise

29.05.2009

The Lenzing Group, leading global producer of man-made cellulose fibers, has raised fiber prices with immediate effect.

This measure was unavoidable because fiber prices are currently very low and prices for fiber production raw materials are already climbing again.

The price increase will affect the whole fiber portfolio, textile fibers as well as nonwoven fibers. The rate of increase varies from fiber type to fiber type, but is at least seven percent.

THE LENZING GROUP

The Lenzing Group is an international group of companies with its headquarters in Austria, production sites in all major markets and a global network of sales and marketing offices. Lenzing provides the global textile and nonwovens industry with high-quality cellulose fibers. The company is the leading supplier in many business-to-business markets – from cellulose fibers to special plastic polymer products.

Lenzing quality and Lenzing innovative power set standards for man-made cellulose fibers world-wide. Seventy years of fiber production expertise make us the only producer world-wide of all three man-made cellulose fiber generations, from classic viscose to modal and lyocell. Lenzing's unique combination of consistent customer orientation with leadership in quality, innovation and technology is the foundation of our success.

Lenzing is committed to the principles of sustainable management and very high environmental standards.

Lenzing's core business fibers and plastics are complemented by our activities in business field engineering.

Key Figures 2008:
Sales: EUR 1.33 bill.
Export share: 88%
Fiber production: 540,300 tons
Staff: 5,945

Further information: www.lenzing.com