Lenzing AG
Line
- Peter Untersperger (CEO)
- Friedrich Weninger (COO )
- Robert van de Kerkhof (CCO )
- Thomas Riegler (CFO )
Lenzing AG is an Austrian company with headquarters in Lenzing.
Company Profile
Lenzing produces and markets primarily on the basis of cellulose viscose fibers in the textile industry - are used as well in the nonwovens industry - in apparel, home textiles and technical textiles. In addition, the company is active in the paper production, plastics technology and in machine and plant engineering.
Company structure and history
The company's history can be traced back to the year 1892 to a paper mill in Lenzing. 1938 saw the establishment of viscose staple fiber Lenzing AG.
In 1979 the company received the National Award and since then must the Federal coat of arms used in commercial transactions.
1984, the Company received its present name Lenzing AG. A year later, its shares were traded on the Vienna Stock Exchange.
Principal shareholder of Lenzing AG is now 67.6 percent, the Austrian investment company B & C Industrial Holding GmbH, a site promoting Foundation of Bank Austria and Creditanstalt.
Investments
Significant subsidiaries of the company is PT. South Pacific Viscose, the world's largest producer of Viskosematerialien.
Since 28 July 2009, the Lenzing Group owns 40 % of the Indonesian holding Pura Golden Lion ( PGL), a trading company which. The local fiber sales for the PT South Pacific Viscose operates. Lenzing strengthens its position in the East and Southeast Asian fiber market, and indirectly increases the investment in the subsidiary PT. South Pacific Viscose from 86% to around 91 %. End of October 2012 an additional production line was put into operation there. With a total of 320,000 tons / year, the South Pacific Viscose is currently the largest viscose fiber plant in the world.
Lenzing AG took over in April 2010, 75% of the Czech pulp producer Biocel Paskov AS The seller was Austrian Heinzel Holding, which was a 25% stake in the company and continued to be responsible for the sales of paper pulp. In October 2012 Lenzing also took over the remaining 25 %.
The Lenzing Plastics GmbH was sold to the Invest AG. In fiscal 2012, the Lenzing Plastics GmbH had a turnover of EUR 109.4 million with an EBITDA of EUR 11.2 million.
Locations
In Europe, there are next to the office in Lenzing offices in Heiligenkreuz im Burgenland ( lyocell fibers) in Germany in Kelheim ( Dolan GmbH), in Grimsby, England as well as in Paskov ( Techical Republic). For more corporate locations are in (. Lenzing Fibers modes India Pvt. Ltd. ) in Mobile (United States), in Indonesia ( PT. South Pacific Viscose ), in Patalganga, India and the Chinese city of Nanjing. Offices to be entertained in New York, Shanghai, Hong Kong, Jakarta and Coimbatore
At the main site in Lenzing Tencel is currently being built a new production plant, which will produce annually 67,000 tons of fibers from the middle of 2014. The investment volume amounts to approximately € 150 million.