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Lenzing AG (LENV.VI)

LENV.VI on Vienna Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Lenzing AG and Duratex plan to build dissolving wood pulp plant in Brazil
Thursday, 21 Jun 2018 

June 21 (Reuters) - Lenzing AG ::LENZING AND DURATEX PLAN TO BUILD 450,000 T DISSOLVING WOOD PULP PLANT IN BRAZIL.LENZING WILL HOLD 51 PERCENT IN A FUTURE JOINT VENTURE.FINAL INVESTMENT DECISION SUBJECT TO OUTCOME OF BASIC ENGINEERING EXPECTED IN 2019.ESTIMATED CASH INVESTMENT BY JOINT VENTURE FOR CONSTRUCTION OF DWP MILL IS EXPECTED TO BE SOMEWHAT ABOVE USD 1 BN.  Full Article

Lenzing Says Stefan Doboczky Reappointed CEO
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - LENZING AG ::EANS-NEWS: LENZING AG / STEFAN DOBOCZKY REAPPOINTED CEO OF LENZING AG.‍STEFAN DOBOCZKY'S NEW CONTRACT WILL BEGIN ON JUNE 1, 2018 AND RUNS UNTIL END OF 2022​.  Full Article

Lenzing says plans 275 mln euro investment in new U.S. plant
Tuesday, 13 Dec 2016 

Lenzing AG : State-of-art 90,000 tons Tencel fiber plant to be built in Mobile, Alabama . Investment volume will total USD 293 mn (eur 275 mn) . Investment of eur 275 mn - operations to start in Q1 of 2019 . Aims to increase share of specialty fibers as a percentage of revenue to 50 percent by 2020 . Supervisory board of company appointed today Heiko Arnold as new chief technology officer Further company coverage: [LENV.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

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Factbox: Impact of latest round of trade tariffs on European companies

Escalating trade tensions between the United States and China, the world's two biggest economies, and U.S. trade disputes with Mexico, Canada and Europe, have rattled investors, led companies to rethink their strategies and boosted market volatility.