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21st Austria weekly - Lenzing, AT&S (03/03/2022)

06.03.2022

Lenzing: The Lenzing Group, supplier of wood-based specialty fibers, is pleased to announce the successful completion of its key lyocell expansion project in Thailand. The new plant, the largest of its kind in the world with a nameplate capacity of 100,000 tons per year, started production on schedule and will help to even better meet the increasing customer demand for TENCEL™ branded lyocell fibers. For Lenzing, the pro-ject also represents an important step towards strengthening its leadership position in the specialty fiber mar-ket and into a carbon-free future. The construction of the plant located at Industrial Park 304 in Prachinburi, around 150 kilometers northeast of Bangkok, started in the second half of 2019 and proceeded largely according to plan, despite the challenges arising from the COVID-19 pandemic. The recruiting and onboarding of new employees has been successful. Investments (CAPEX) amounted to approx. Euro 400 mn.
Lenzing: weekly performance: -10.61%

AT&S: Construction has started on the new AT&S research center in Leoben. By 2025, the company invests a total of Euro 500 mn at the headquarters of the Austrian high-tech company to construct a new building with more than 10,000 square meters for research and production. AT&S has achieved a globally leading position in the microelectronics industry in recent years. The company’s name stands for a strong focus on research and development, particularly in the technologically demanding packaging of semiconductors into finished microchips. The Austrian flagship company is a leader in the manufacturing of substrates – these are highly miniaturized printed circuit boards that are essential interfaces for microchips in mobile phones, laptops, or servers. AT&S decided to build a global innovation center for substrates at the Leoben-Hinterberg site to benefit from the continuing boom in the semiconductor industry and remain a leader in substrate production. “AT&S is deeply rooted in Leoben. This is where the success story began, from a small Styrian company to a global technology leader in high-tech printed circuit boards and substrates. In just over a quarter of a century, we have been able to increase the number of employees in the Group from 939 in 1994 to more than 13,000 today,” says AT&S Supervisory Board Chairman Hannes Androsch.
AT&S: weekly performance: -12.78%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (03/03/2022)


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21st Austria weekly - Lenzing, AT&S (03/03/2022)


06.03.2022, 2453 Zeichen



Lenzing: The Lenzing Group, supplier of wood-based specialty fibers, is pleased to announce the successful completion of its key lyocell expansion project in Thailand. The new plant, the largest of its kind in the world with a nameplate capacity of 100,000 tons per year, started production on schedule and will help to even better meet the increasing customer demand for TENCEL™ branded lyocell fibers. For Lenzing, the pro-ject also represents an important step towards strengthening its leadership position in the specialty fiber mar-ket and into a carbon-free future. The construction of the plant located at Industrial Park 304 in Prachinburi, around 150 kilometers northeast of Bangkok, started in the second half of 2019 and proceeded largely according to plan, despite the challenges arising from the COVID-19 pandemic. The recruiting and onboarding of new employees has been successful. Investments (CAPEX) amounted to approx. Euro 400 mn.
Lenzing: weekly performance: -10.61%

AT&S: Construction has started on the new AT&S research center in Leoben. By 2025, the company invests a total of Euro 500 mn at the headquarters of the Austrian high-tech company to construct a new building with more than 10,000 square meters for research and production. AT&S has achieved a globally leading position in the microelectronics industry in recent years. The company’s name stands for a strong focus on research and development, particularly in the technologically demanding packaging of semiconductors into finished microchips. The Austrian flagship company is a leader in the manufacturing of substrates – these are highly miniaturized printed circuit boards that are essential interfaces for microchips in mobile phones, laptops, or servers. AT&S decided to build a global innovation center for substrates at the Leoben-Hinterberg site to benefit from the continuing boom in the semiconductor industry and remain a leader in substrate production. “AT&S is deeply rooted in Leoben. This is where the success story began, from a small Styrian company to a global technology leader in high-tech printed circuit boards and substrates. In just over a quarter of a century, we have been able to increase the number of employees in the Group from 939 in 1994 to more than 13,000 today,” says AT&S Supervisory Board Chairman Hannes Androsch.
AT&S: weekly performance: -12.78%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (03/03/2022)



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