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02.06.2021, 4948 Zeichen

Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Together, Lenzing and Södra take a giant leap further towards closing the loop from fiber to fiber in fashion.
Joint Ventures/Cooperation/Collaboration
Lenzing/Växjö - Lenzing, a leading global supplier of wood-based specialty fibers, and Södra, a world-class producer of pulp, signed a cooperation agreement today, June 02, 2021, with the clear objective of making a decisive contribution to addressing the enormous textile waste challenges of the industry and the society. The cooperation involves the transfer of knowledge between the two companies, which have been proactively driving the circular economy issue for many years, and a joint process development followed by a capacity expansion for pulp from post-consumer waste. The goal is to process 25,000 tons of textile waste per year by 2025.
The fashion industry is one of the major polluting industries in the world. Millions of tons of textile waste are created each and every year, most of it ends up in landfills. In the spirit of the circular economy transition, both Lenzing and Södra have independently addressed the issue and developed appropriate solution options so far. Both companies are experts in their respective fields with many years of large-scale industrial experience.
Together, they give textile recycling a huge boost by developing technologies further towards a broader, industrial-scale use of post-consumer cellulosic waste. The jointly developed pulp OnceMore® will subsequently also be used as a raw material for the production of Lenzing's TENCEL(TM) x REFIBRA(TM) branded specialty fibers.
"The cooperation with Södra is a major milestone towards achieving our ambitious climate and sustainability goals. We are proud to be able to go this way with a competent partner. One company alone cannot solve the pressing issue of textile waste. It is proactive partnerships like this that enable us to move forward and bring about real systemic change", says Christian Skilich, Member of the Managing Board of Lenzing.
"With OnceMore® pulp, Södra has created a globally unique solution to base textile on a recycled source. By joining forces with Lenzing, we now taking the next step on our journey and will bring world-class recycling to the textile value chain. Through a new investment, we will also ten-fold our production capacity of OnceMore® pulp during 2022 and have a higher level of recycled textile content. These are important steps towards our long-term target to create a circular textile industry", says Lotta Lyrå, President and CEO of Södra.
"In this turn around decade for our planet, making forest-based fabrics from recycled textiles is critical to protect biodiversity, alleviate pressure on forests and address the growing climate crisis. Canopy is excited to see these two major producers join forces to bring vital Next Generation Solutions to the fashion industry. We look forward to seeing greater commercial volumes come to market", says Nicole Rycroft, Canopy's Founder and Executive Director.
Zwtl.: Two companies with bold visions and large-scale solutions for the reuse of waste
In line with its circular economy vision, "We give waste a new life. Every day", Lenzing drives the industry towards a fully-fledged circular economy by striving to give waste a new life in all aspects of its core business and by co- developing circular solutions with potential partners in and outside the current value chain. Lenzing has extensive knowledge in developing cutting-edge innovations in recycling such as its REFIBRA(TM) and Eco Cycle technologies. Besides virgin dissolving wood pulp, these technologies allow the processing of a substantial proportion of recycled materials based on pre-consumer cottons scraps and post-consumer garments.
OnceMore® by Södra is the world's first process for industrial-scale recycling of textile waste of blended fibers, and it's the forest who makes that possible. The process combines wood cellulose with textile waste to create a pure, high- quality dissolving pulp which can be used to produce new clothing and other textile products. During 2022, a new investment will ten-fold the production capacity of OnceMore® pulp and reach a higher level of recycled textile content. The goal for 2025 is to process 25,000 tons of textile and offer a OnceMore® pulp based on our wood material and 50 percent recycled textile material.
Photo download [https://mediadb.lenzing.com/pinaccess/ showpin.do?pinCode=jEYbJgXVcm9W] PIN: jEYbJgXVcm9W
end of announcement euro adhoc
issuer: Lenzing AG
A-4860 Lenzing phone: +43 7672-701-0 FAX: +43 7672-96301 mail: office@lenzing.com WWW: http://www.lenzing.com ISIN: AT0000644505 indexes: WBI, ATX stockmarkets: Wien language: English
Digital press kit: http://www.ots.at/pressemappe/1597/aom

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Lenzing
Akt. Indikation:  31.95 / 32.10
Uhrzeit:  22:59:14
Veränderung zu letztem SK:  -0.08%
Letzter SK:  32.05 ( -0.77%)



 

Bildnachweis

1. Für unseren Podcast will ich mit Josef Chladek über Gschichtln, wie sie hier im Editorial über Verbund, OMV, Lenzing oder Andritz zu lesen sind, plaudern. Christian Drastil   >> Öffnen auf photaq.com

Aktien auf dem Radar:Addiko Bank, Strabag, CA Immo, Flughafen Wien, Austriacard Holdings AG, Kapsch TrafficCom, ATX TR, S Immo, AT&S, Rosgix, RBI, ATX, ATX Prime, FACC, Marinomed Biotech, Erste Group, Polytec Group, Agrana, EuroTeleSites AG, Gurktaler AG Stamm, Gurktaler AG VZ, Immofinanz, Semperit, Oberbank AG Stamm, Lenzing, Amag, EVN, Österreichische Post, Telekom Austria, Uniqa, VIG.


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    Lenzing AG / Two champions of post-consumer textile recycling joining forces


    02.06.2021, 4948 Zeichen

    Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
    Together, Lenzing and Södra take a giant leap further towards closing the loop from fiber to fiber in fashion.
    Joint Ventures/Cooperation/Collaboration
    Lenzing/Växjö - Lenzing, a leading global supplier of wood-based specialty fibers, and Södra, a world-class producer of pulp, signed a cooperation agreement today, June 02, 2021, with the clear objective of making a decisive contribution to addressing the enormous textile waste challenges of the industry and the society. The cooperation involves the transfer of knowledge between the two companies, which have been proactively driving the circular economy issue for many years, and a joint process development followed by a capacity expansion for pulp from post-consumer waste. The goal is to process 25,000 tons of textile waste per year by 2025.
    The fashion industry is one of the major polluting industries in the world. Millions of tons of textile waste are created each and every year, most of it ends up in landfills. In the spirit of the circular economy transition, both Lenzing and Södra have independently addressed the issue and developed appropriate solution options so far. Both companies are experts in their respective fields with many years of large-scale industrial experience.
    Together, they give textile recycling a huge boost by developing technologies further towards a broader, industrial-scale use of post-consumer cellulosic waste. The jointly developed pulp OnceMore® will subsequently also be used as a raw material for the production of Lenzing's TENCEL(TM) x REFIBRA(TM) branded specialty fibers.
    "The cooperation with Södra is a major milestone towards achieving our ambitious climate and sustainability goals. We are proud to be able to go this way with a competent partner. One company alone cannot solve the pressing issue of textile waste. It is proactive partnerships like this that enable us to move forward and bring about real systemic change", says Christian Skilich, Member of the Managing Board of Lenzing.
    "With OnceMore® pulp, Södra has created a globally unique solution to base textile on a recycled source. By joining forces with Lenzing, we now taking the next step on our journey and will bring world-class recycling to the textile value chain. Through a new investment, we will also ten-fold our production capacity of OnceMore® pulp during 2022 and have a higher level of recycled textile content. These are important steps towards our long-term target to create a circular textile industry", says Lotta Lyrå, President and CEO of Södra.
    "In this turn around decade for our planet, making forest-based fabrics from recycled textiles is critical to protect biodiversity, alleviate pressure on forests and address the growing climate crisis. Canopy is excited to see these two major producers join forces to bring vital Next Generation Solutions to the fashion industry. We look forward to seeing greater commercial volumes come to market", says Nicole Rycroft, Canopy's Founder and Executive Director.
    Zwtl.: Two companies with bold visions and large-scale solutions for the reuse of waste
    In line with its circular economy vision, "We give waste a new life. Every day", Lenzing drives the industry towards a fully-fledged circular economy by striving to give waste a new life in all aspects of its core business and by co- developing circular solutions with potential partners in and outside the current value chain. Lenzing has extensive knowledge in developing cutting-edge innovations in recycling such as its REFIBRA(TM) and Eco Cycle technologies. Besides virgin dissolving wood pulp, these technologies allow the processing of a substantial proportion of recycled materials based on pre-consumer cottons scraps and post-consumer garments.
    OnceMore® by Södra is the world's first process for industrial-scale recycling of textile waste of blended fibers, and it's the forest who makes that possible. The process combines wood cellulose with textile waste to create a pure, high- quality dissolving pulp which can be used to produce new clothing and other textile products. During 2022, a new investment will ten-fold the production capacity of OnceMore® pulp and reach a higher level of recycled textile content. The goal for 2025 is to process 25,000 tons of textile and offer a OnceMore® pulp based on our wood material and 50 percent recycled textile material.
    Photo download [https://mediadb.lenzing.com/pinaccess/ showpin.do?pinCode=jEYbJgXVcm9W] PIN: jEYbJgXVcm9W
    end of announcement euro adhoc
    issuer: Lenzing AG
    A-4860 Lenzing phone: +43 7672-701-0 FAX: +43 7672-96301 mail: office@lenzing.com WWW: http://www.lenzing.com ISIN: AT0000644505 indexes: WBI, ATX stockmarkets: Wien language: English
    Digital press kit: http://www.ots.at/pressemappe/1597/aom

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    Christian Drastil: Wiener Börse Plausch

    Wiener Börse Party #619: Neuer bei Addiko, dad.at mit Milestone und grossem Neukundenpaket, alle Details Börsentag Wien 4.6.




    Lenzing
    Akt. Indikation:  31.95 / 32.10
    Uhrzeit:  22:59:14
    Veränderung zu letztem SK:  -0.08%
    Letzter SK:  32.05 ( -0.77%)



     

    Bildnachweis

    1. Für unseren Podcast will ich mit Josef Chladek über Gschichtln, wie sie hier im Editorial über Verbund, OMV, Lenzing oder Andritz zu lesen sind, plaudern. Christian Drastil   >> Öffnen auf photaq.com

    Aktien auf dem Radar:Addiko Bank, Strabag, CA Immo, Flughafen Wien, Austriacard Holdings AG, Kapsch TrafficCom, ATX TR, S Immo, AT&S, Rosgix, RBI, ATX, ATX Prime, FACC, Marinomed Biotech, Erste Group, Polytec Group, Agrana, EuroTeleSites AG, Gurktaler AG Stamm, Gurktaler AG VZ, Immofinanz, Semperit, Oberbank AG Stamm, Lenzing, Amag, EVN, Österreichische Post, Telekom Austria, Uniqa, VIG.


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    Cleen Energy AG
    Die Cleen Energy AG ist im Bereich nachhaltige Stromerzeugung durch Photovoltaik-Anlagen und energieeffiziente LED-Lichtlösungen für Gemeinden, Gewerbe und Industrie, einem wichtigen internationalen Zukunfts- und Wachstumsmarkt, tätig. Ein Fokusbereich ist das Umrüsten auf nachhaltige Gesamtlösungen. Zusätzlich baut CLEEN Energy den Bereich Leasing und Contracting von Licht- und Photovoltaikanlagen aus, der einen wachsenden Anteil am Umsatz ausmacht.

    >> Besuchen Sie 68 weitere Partner auf boerse-social.com/partner


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    Useletter

    Die Useletter "Morning Xpresso" und "Evening Xtrakt" heben sich deutlich von den gängigen Newslettern ab. Beispiele ansehen bzw. kostenfrei anmelden. Wichtige Börse-Infos garantiert.

    Newsletter abonnieren

    Runplugged

    Infos über neue Financial Literacy Audio Files für die Runplugged App
    (kostenfrei downloaden über http://runplugged.com/spreadit)

    per Newsletter erhalten


    Meistgelesen
    >> mehr





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    AT0000A2WCB4
    AT0000A2U2W8
    AT0000A2H9F5
    Newsflow
    >> mehr

    Börse Social Club Board
    >> mehr
      #gabb #1570

      Featured Partner Video

      Wiener Börse Party #607: ATX 4 Jahre nach dem Horror zunächst fester, VIG selbstbewusst, mag S Immo vielleicht was von 6B47?

      Die Wiener Börse Party ist ein Podcastprojekt für Audio-CD.at von Christian Drastil Comm.. Unter dem Motto „Market & Me“ berichtet Christian Drastil über das Tagesgeschehen an der Wiener Börse....

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