Lenzing AG - Company Profile
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Lenzing AG (Lenzing) is a chemical company that manufactures and markets cellulose and fibers for the textile and nonwovens industry. The company offers products such as lyocell fibers, filament yarn, modal fibers, viscose fibers, pulp, sodium sulfate and biorefinery products including acetic acid, furfural, xylose, and magnesium lignin sulfonate. Its products have applications in manufacturing farming materials, clothing, interiors and hygiene products, hazard safety materials, engineered products, and packaging materials. The company also offers mechanical construction, engineering, and consulting services. It has production facilities in the UK, Austria, the Czech Republic, China, the US, Indonesia, and Thailand. Lenzing is headquartered in Lenzing, Austria.
Headquarters
Austria
Address
Werkstrasse 2, Lenzing, Niederosterreich , 4860
Website
www.lenzing.com
Telephone
43 7672 7010
No of Employees
7,917
Industry
Chemicals
Ticker Symbol & Exchange
LNZ (WBAG)
Revenue (2022)
$2.7B
-1.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-1300%
(2022 vs 2021)
Market Cap*
$1.3B
Net Profit Margin (2022)
XYZ
-1,323.1%
(2022 vs 2021)
* As of and is in US$
Lenzing AG premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Thermoplastics | Engineering and Contracting |
| Yarns | Mechanical Construction and Industrial Services |
| PTFE Fibers | Automation and Mechatronic |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In January, the company and Recyc Leather entered into a partnership to launch Pelinova. |
| 2024 | New Products/Services | In January, the company introduced an innovative processing method for its Tencel Lyocell fiber. |
| 2024 | Contracts/Agreements | In January, the company entered into a partnership with Advance Denim to incorporate matte TENCEL Lyocell fibers into the latest Denim Collection. |
Competitor Comparison
| Key Parameters | Lenzing AG | Sniace SA | Franken Maxit Mauermortel GmbH & Co | Fema Farben + Putze GmbH | CD-Color GmbH & Co KG |
|---|---|---|---|---|---|
| Headquarters | Austria | Spain | Germany | Germany | Germany |
| City | Lenzing | Madrid | Kasendorf | Ettlingen | Herdecke |
| State/Province | Niederosterreich | Madrid | Bayern | Baden-Wurttemberg | Nordrhein-Westfalen |
| No. of Employees | 7,917 | 500 | - | - | - |
| Entity Type | Public | Private | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Nico Reiner | Chief Financial Officer | Executive Board | 2023 | - |
| Stephan Sielaff | Chief Executive Officer; Chief Financial Officer | Senior Management | 2022 | - |
| Christian Skilich | Member | Senior Management | 2020 | 55 |
| Thomas Cord Prinzhorn | Chairman | Non Executive Board | 2021 | 51 |
| Franz Gasselsberger | Director | Non Executive Board | 2013 | 64 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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