Lenzing Positive outlook for cellulose specialty fibers
Chemical Fibers International vom 04.06.2021, S. 54 / Industry NewsIn 2020, the cellulosic fiber producer Lenzing Group, Lenzing/Austria, successfully responded to the extremely difficult market environment due to the Covid-19 crisis by implementing a broad package of measures and remains fully on track in terms of its strategy. The immediate effects of the Covid-19 crisis increased the pressure on prices and volumes in the textile fiber segment, in particular in the 2nd quarter of 2020. The recovery of demand in the 2nd half of the year, primarily for wood-based specialty fibers such as Tencel Modal and Lenzing Ecovero, had a positive impact on the revenue and earnings development, but ...
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