Lenzing AG
Company Snapshot
Founded: 1890
Entity Type: Public
Employees: 7,816
Region: Asia
Revenue: $2,882.9 Millions
Revenue Year: 2024
Headquarter: Lenzing, Austria
Key Geographics: Austria, Asia, America, Rest of the world, Europe
Corporate Address: Werkstraße 2 4860 Lenzing Austria Tel. +43-7672-701-0 www.lenzing.com
Company Overview
LENZING AG established its manufacturing sites in Austria, the Czech Republic, China, the United Kingdom, Indonesia, Thailand, Brazil, and the U.S. The company operates its businesses through regional sales and planning offices established in India, China, Turkey, Indonesia, the U.S., Seoul, Singapore, and Taiwan. Lenzing AG strategically placed its innovation centers in Hong Kong, Indonesia, and Singapore. Due to these innovation centers, the company is targeting the Asia-Pacific global textile recycling market. Moreover, in 2022, Lenzing AG holds 1,487 patent applications in 52 countries.
Financial Highlights (FY 2024)
Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***
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Lenzing AG In News
Company's Business Segments
- Fiber Division : Textile fibers, Nonwoven fibers, Co-products of fiber production.
- Pulp Division : Wood, Biorefinery, Other raw materials.
- Others : The “Others” area mainly comprises central headquarters functions and overarching activities as well as research and development activities and the activities of BZL-Bildungszentrum Lenzing GmbH (training and personnel development).
Applications/End User Industries
- Food and Beverages
- Textile Industry
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