EQS-News: Lenzing AG / Lenzing and Speyer & Grund set new standards for optimized sustainable supply chains


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EQS-News: Lenzing AG / Key word(s): Alliance/Sustainability
Lenzing AG / Lenzing and Speyer & Grund set new standards for optimized sustainable supply chains

14.04.2025 / 09:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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  • New chapter in successful long-term collaboration with acetic acid storage tank
  • Sustainable supply chain and optimized logistics for full flexibility

Lenzing – The Lenzing Group, a leading provider of regenerated cellulose fibers for the textile and nonwoven industries, and Speyer & Grund, specialists in vinegar essences and acidulants as well as long-term partners for LENZING™ Acetic Acid Biobased, announce the completion of a new acetic acid storage tank. This successful strategic project is not only a strong signal for the long-term partnership but also marks a new level of supply chain excellence.

The new storage tank, built at Speyer & Grund’s site in Meerane (Germany), contains a tank for the exclusive filling with LENZING™ Acetic Acid Biobased. This is produced as a by-product in pulp production. The now increased tank capacity also enhances flexibility in the supply chain.

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Elisabeth Stanger, Senior Director Biorefinery & Co-Products: “Lenzing is a European model company of the bioeconomy with its biorefinery products and the most efficient use of the resource wood. We are pleased with the long-standing, trusting partnership with Speyer & Grund, which represents an important step towards an even more sustainable supply chain.”

“LENZING™ Acetic Acid Biobased has been an integral part of our Surig vinegar essence since 1983. The new tank solution means growth for us with maximum supply security. At the same time, we increase flexibility for delivery logistics as an important component for close cooperation with a strong partner,” explains Axel Rosener, Managing Director of Speyer & Grund GmbH.

The ceremonial commissioning of the acetic acid storage tank took place on Thursday, April 10, 2025.

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The biorefinery process in Lenzing optimally utilizes the renewable raw material wood, the starting material for pulp and fiber production, and converts it into valuable products such as biobased acetic acid. LENZING™ Acetic Acid Biobased, which has a carbon footprint over 85 percent lower than fossil-based acetic acid, is used in the food, pharmaceutical, cosmetic, cleaning, chemical, and textile industries and in textile sector processes such as washing, dyeing, and finishing.

 

Photo download:
https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=ZjVoOwNxpB6F
PIN: ZjVoOwNxpB6F

 

Your contact for
Public Relations:
 
Dominic Köfner
Vice President Corporate Communications, Public Affairs & Investor Relations
Lenzing Aktiengesellschaft
Werkstraße 2, 4860 Lenzing, Austria
 
Phone   +43 7672 701 2743
E-mail   media@lenzing.com
Web      www.lenzing.com
 
 
Biorefinery & Co-Products:
 
Elisabeth Stanger
Sr. Dir. Comm. Affairs Bioref. & Co-Products
Lenzing Aktiengesellschaft
Werkstraße 2, 4860 Lenzing, Austria
 
Phone   +43 7672 701 2958
E-mail    e.stanger@lenzing.com
Web       www.lenzing.com
 

 

About the Lenzing Group
 
The Lenzing Group stands for the responsible production of specialty and premium fibers based on regenerated cellulose. As an innovation leader, Lenzing is a partner of global textile and nonwoven manufacturers and drives many new technological developments. The Lenzing Group’s high-quality fibers are the raw material for a wide range of textile applications – ranging from functional, comfortable, and fashionable clothing through to durable and sustainable home textiles. TÜV-certified biodegradable and compostable Lenzing fibers are also ideal for demanding use in everyday hygiene applications.
 
The Lenzing Group’s business model extends far beyond that of a traditional fiber producer. Together with its customers and partners, Lenzing develops innovative products along the value chain, adding value for consumers. The Lenzing Group strives for efficient utilization and processing of all raw materials and offers solutions for the transition of the textile industry from the current linear economic system to a circular economy. In order to align its commitment to limiting man-made climate change with the goals of the Paris Agreement, Lenzing has a clear, science-based climate action plan that provides for a significant reduction in greenhouse gas emissions (Scopes 1, 2, and 3) by 2030 and a net-zero target by 2050.
 
Key Facts & Figures Lenzing Group 2024
Revenue: EUR 2.66 bn
Nominal capacity (fibers): 1,110,000 tonnes
Employees (full-time equivalents): 7,816
 
TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™, and REFIBRA™ are trademarks of Lenzing AG.

 



14.04.2025 CET/CEST This Corporate News was distributed by EQS Group. www.eqs.com


Language: English
Company: Lenzing AG
4860 Lenzing
Austria
Phone: +43 7672-701-0
Fax: +43 7672-96301
E-mail: office@lenzing.com
Internet: www.lenzing.com
ISIN: AT0000644505
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2116726

 
End of News EQS News Service

2116726  14.04.2025 CET/CEST

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