The Lenzing Group
History
1892Emil Hamburger, an industrialist, operates a paper mill at Lenzing. |
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Lenzing at 1900 |
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1938
"Zellwolle Lenzing AG" is founded. The production of pulp and viscose fibers begins.
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Viscosekeller |
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1962The company's name is changed to "Chemiefaser Lenzing AG".
The plant's capacity amounts to about 60,000 tons per year. |
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Fair at Dornbirn |
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1963
Chemicals from pulp production are recycled after the company switches from the calcium bisulphite method to the environmentally friendly magnesium bisulphite method. |
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1964
Market launch of Modal fibers |
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1969
"Lenzinger Zellstoff- und Papierfabrik", a pulp and paper mill, is bought. |
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Environmental department is established |
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1976
Highly flame retardant viscose fibers can be manufactured by applying a special incorporation technology. The fibers are used for protective clothings and home textiles. |
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An environmentally friendly bleaching method for pulp is launched. |
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The foundations are laid and construction begins at South Pacific Viscose in Indonesia. |
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The company's name is changed to "Lenzing AG". |
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- 19 September: Lenzing shares are listed on the Vienna Stock Exchange for the first time
- Market launch of Modal micro fibers
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The waste-water treatment plant is taken into operation. |
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The Lyocell pilot plant goes into operation. |
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Lenzing Fibers Corp. in Lowland, TN, is founded. |
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Bacell, Brazil, is founded. |
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Construction work begins on the full-scale lyocell plant at Heiligenkreuz, Burgenland. |
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- The HPP business sector is sold to the Inspec Gruppe.
- Lenzing AG sells its share in "Austria Faserwerke" to the Hoechst Group
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The lyocell plant at Heiligenkreuz/Burgenland goes into operation. | |
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Lenzing Technik becomes an independent company. |
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Lenzing Plastics is divested to become an independent company. |
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Bank Austria sells its Lenzing shares to CVC – the EU competition authorities, however, prohibit the sale. |
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Lenzing AG sells its majority share in Lenzing Fibers Corporation (LFC), its US subsidiary. 39% of the LFC shares remain Lenzing AG's property. |
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In November, Lenzing AG withdraws from US Minority Holding Lenzing Fibers Corporation |
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- January: Capacity expansion program at the Lenzing site completed (90 EUR mill.)
- January: New global Business Unit organization
- March: Lenzing Fibers (Shanghai) Co. Ltd. – opening of new trading company
- May: Lenzing AG acquires Tencel Group of Companies. The seller is Corsadi BV, part of the international financial group CVC. Tencel operates one large-scale lyocell plant in the USA (Mobile, Alabama) and another in the UK (Grimsby), with a total nominal capacity of about 80,000 tons per year.
- September: Lenzing Instruments (a former division of Lenzing Technik) join Textechno.
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- January: Lenzing builds viscose fiber production in China. The new production site, to be situated in an industrial park near the town of Nanjing in the south-east Jiangsu province, will have an annual capacity of about 60,000 tons of viscose staple fibers for textile and nonwoven applications.
- April: Tencel takeover receives cartel office approval
- September: Green light for processing of recycling material at the Lenzing site
- November: Start-up of the fiber processing unit at South Pacific Viscose (Indonesia)
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- January: Topping-out ceremony at the viscose fiber production plant in Nanjing (China).
- November: Delisting from German stock exchanges
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- January: Lenzing Plastics takes over German plastics producer Hahl Group GmbH.
- March: The Lenzing Group enters the production of future material carbon fibers.
- April: Successful production start-up at the new viscose fiber plant in Nanjing (China)
- April: Lenzing Plastics acquires German plastics producer Pedex.
- April: The Lenzing Group announces construction of a new viscose fiber production plant in India, in cooperation with the Indian Modi Group
- May: Lenzing Plastics buys US plastics producer Glassmaster
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