News

• November 14, 2008
  

  Peter Untersperger proposed to become new chairman of the management board, Fritz Weninger to become new member of the board.

  The supervisory board of Lenzing AG today announced that they will propose Peter Untersperger as their new chairman as of 1 January 2009 to the company's management board. Peter Untersperger currently is head of finance and will succeed Thomas Fahnemann, who is to join RHI AG.

• November 10, 2008
  

  Consolidated sales 1-9/2008 up by 10%

  The Lenzing Group further enhanced its position as the world market leader in cellulose fibers in the first nine months of 2008 despite the dramatic unfolding of the financial market crisis and difficult global economic conditions.

• November 03, 2008
  

  Chairman of the management board Thomas Fahnemann to leave company and to assume chairmanship of the management board of RHI AG.

  Thomas Fahnemann, chairman of the management board of Lenzing AG since May 2003, has asked the chairman of the company’s supervisory board for his pre-term release from his position, in order to be able to assume the chairmanship of the management board of RHI AG.

• October 24, 2008
  

  Lenzing starts up extended production capacity at Heiligenkreuz/Austria

  The Lenzing Group successfully completed a comprehensive extension program at its Heiligenkreuz site in Austria and started production on schedule.

• September 23, 2008
  

  47th Man-made Fibers Congress in Dornbirn/Austria, 17 – 19 September 2008

  Record Number of Participants Continuing in 2008
  Main Topic Sustainability Found in Many of the 120 Lectures
  Further Internationalisation thru Cooperation
  Preview Congress Themes 2009
  

• September 09, 2008
  

  ECO Textile AWARD 08 opts for TENCEL® fibers made from wood

  Designers at the ECO Textile AWARD 08 / Lenzing Botanic – Austria’s first eco-fashion design competition opted for TENCEL®, Lenzing’s lyocell fiber made from the renewable natural raw material wood. On September 5, Karin Maislinger won the first prize for her designer piece ”Brimstone Butterfly “ – convincing couture in eco-quality.

• August 25, 2008
  

  Lenzing Group: improved sales and results for first half-year 2008

  All essential corporate key data improved – perceptible weakening of the fiber business

  The business development of the Lenzing Group in the first six months of 2008 was again gratifying. Lenzing was able to carry the good market situation of business year 2007 over into the first six months of 2008, despite signs of a slowing fiber business.

• July 18, 2008
  

  Cooperation with Weyerhaeuser to develop sustainable nonwovens

  Cooperation on the development of Lyocell-based nonwoven fabrics

  Lenzing, the world market leader in cellulose staple fibers, and Weyerhaeuser, one of the world’s largest forest products companies, will work together on the development of novel lyocell-based nonwoven fabrics. A Memorandum of Understanding was signed on 15 July 2008.
   
  

• June 12, 2008
  

  Lenzing general shareholders’ meeting approves dividend of EUR 14.00 per share

  New chairman of the supervisory board Hermann Bell

  The General Shareholders' Meeting of Lenzing AG approved a dividend of EUR 14.00 per share for business year 2007 (2006: EUR 10.00). Dividend value date was set for 20 June 2008 and ex-dividend day for 16 June 2008.
  
  

• May 21, 2008
  

  Lenzing subsidiaries donate for China earthquake relief

  Lenzing’s Chinese subsidiaries, Lenzing (Nanjing) Fibers and Lenzing Fibers (Shanghai), today provided donations for the earthquake victims in the Chinese province of Sichuan. The funds are earmarked for rescue and support operations.

• May 09, 2008
  

  Successful business development continues into first quarter

  The very good business development of the Lenzing Group in 2007 continued into the first quarter of 2008, although there were first signs of weakening demand over the next quarters in segment Fibers.

• May 08, 2008
  

  Lenzing’s Indonesian full subsidiary SPV celebrates its 25th anniversary

  Lenzing’s full subsidiary, P.T. South Pacific Viscose (SPV), celebrates its 25th anniversary. The company is one of the largest producers of cellulose fibers world-wide and the second-largest production site of the Lenzing Group.

• April 14, 2008
  

  Lenzing Group confirms record figures for 2007

  The Lenzing Group confirms the preliminary figures for 2007, released on 14 March 2008. Thanks to excellent general economic conditions, and as a consequence of the Group's dynamic expansion the result of 2007 surpasses the very good result of the previous business year.

• March 14, 2008
  

  Lenzing Group: 2007 - Another record result

  The business result of the Lenzing Group for 2007 clearly surpasses the very good result of 2006. Excellent economic conditions and the dynamic expansion of the group in fibers and plastics form the basis of yet another record result.

• February 26, 2008
  

  Lenzing transfers majority share of Business Unit Paper

  The Lenzing Group will transfer 60 percent of its shares in Business Unit Paper and the control of the business to a group of investors around core investor Ernst Brunbauer (Gmunden, Austria) with the beginning of March.

• February 14, 2008
  

  Lenzing supplies specialty fiber for new generation of US armed forces uniforms

  The Lenzing Group will supply flame retardant specialty fibers for the new generation of US armed forces combat wear.

• February 01, 2008
  

  Resignation of the Chairman of the Supervisory Board

  Mr. Karl Schmutzer, Chairman of the Supervisory Board of Lenzing AG, has resigned as chairman of the Supervisory Board with immediate effect, at his wish, for private reasons.

• January 09, 2008
  

  Lenzing Plastics acquires German fiber producer Dolan GmbH

  As of 31 December 2007 Dolan GmbH, a producer of specialty fibers based in Kelheim (Germany), became a full subsidiary of Lenzing Plastics.