• 14.02.2023, 09:09:19
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EQS-News: Lenzing AG: Together with partners, Lenzing succeeds in reaching a milestone in the development of a circular-based fashion collection

EQS-News: Lenzing AG / Key word(s): Sustainability/Alliance
   Lenzing AG: Together with partners, Lenzing succeeds in reaching a
   milestone in the development of a circular-based fashion collection

   14.02.2023 / 09:07 CET/CEST
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   Together with partners, Lenzing succeeds in reaching a milestone in the
   development of a circular-based fashion collection

    

     • Lenzing, Södra and Portuguese fabric manufacturer Riopele advance
       circularity together
     • World-renowned fashion label Filippa K will present the revolutionary
       recycled material in its Spring/Summer 2024 collection

    

   Lenzing/Växjö/Pousada de Saramagos/Stockholm - The Lenzing Group, the
   world’s leading supplier of specialty fibers, and Sweden’s leading pulp
   producer Södra have reached the next major milestone in their strategic
   partnership to promote circularity in fashion. Together with Portuguese
   fabric manufacturer Riopele, the two companies are developing textiles
   made from recycled and sustainably produced materials for a spring/summer
   collection by fashion brand Filippa K, which will be presented to the
   fashion world this autumn.

    

   It is the first fashion collection worldwide to contain TENCEL™ x REFIBRA™
   lyocell fibers based on the further developed OnceMore^® brand pulp.
   OnceMore^® pulp, which was jointly developed further by Lenzing and Södra,
   is the world’s first process for large-scale recycling of textile waste
   from blended fabrics. Using the innovative REFIBRA™ technology, Lenzing
   produces lyocell fibers from it in a closed-loop manufacturing process.
   With Riopele’s expertise in yarn and fabric production, the sustainably
   produced pilot fibers are subsequently turned into fashionable fabrics
   that Filippa K uses in the collection.

    

   “One company alone can’t solve the pressing issue of textile waste. It is
   proactive partnerships like this that enable us to move forward and bring
   about real systemic change,” said Robert van de Kerkhof, Chief Commercial
   Officer Fiber of the Lenzing Group. “We’re working hard to make our
   industries even more sustainable and to drive the transformation of the
   textile business model from linear to circular. Further efforts from the
   entire industry are needed for this transformation to take place,” van de
   Kerkhof said.

    

   “We are so excited to be the first brand developing products in the new
   textile based on OnceMore^® pulp using Lenzing’s REFIBRA™ technology,
   supported by Riopele’s creative expertise in yarn and fabric production.
   We are not in this alone – collaboration is an essential step in
   sustainable transformation of the industry. It’s important to us at
   Filippa K to join forces with like-minded partners who are innovators in
   their own fields,” said Jodi Everding, Vice President of Sustainability at
   Filippa K.

    

   Lenzing and Södra – a long-standing partnership for systemic change

   Lenzing and Södra have been joining forces in textile recycling since
   2021, making a decisive contribution to promoting the circular economy in
   the fashion industry. As part of the cooperation, the companies intend to
   share their knowledge with each other and jointly develop processes to
   enable broader use of cellulosic used textiles on a commercial scale.The
   jointly developed pulp OnceMore^® will subsequently also be used as a raw
   material for the production of Lenzing’s TENCEL™ x REFIBRA™ branded
   specialty fibers. The goal is to be able to process 25,000 tons of textile
   waste per year by 2025.

    

   In line with its circular economy vision “We give waste a new life. Every
   day”, Lenzing drives the industry towards a fully-fledged circular economy
   by striving to give waste a new life in all aspects of its core business
   and by co-developing circular solutions together with potential partners
   in and outside the current value chain. Lenzing has extensive knowledge in
   developing cutting-edge innovations in recycling such as its REFIBRA™ and
   Eco Cycle technologies. Besides virgin dissolving wood pulp, these
   technologies allow the processing of a substantial proportion of recycled
   materials based on pre-consumer cottons scraps and post-consumer garments.

    

    

   Photo download:

   [1]https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=4cBVRt1KYQwv
   PIN: 4cBVRt1KYQwv

    

   Your contact for                                           
   Public Relations:                                          
                                                              
   Dominic Köfner                                   Daniel Winkelmeier
   Vice President Corporate Communications  &     Communications Manager
   Public Affairs                               Lenzing Aktiengesellschaft
   Lenzing Aktiengesellschaft                   Werkstraße 2, 4860 Lenzing,
   Werkstraße 2, 4860 Lenzing, Austria                    Austria
                                                              
   Phone   +43 7672 701 2743                     Phone   +43 7672 701 2871
   E-mail   [2]media@lenzing.com              E-mail     [4]media@lenzing.com
   Web      [3]www.lenzing.com                 Web        [5]www.lenzing.com
                                                              
                                                              

    

    

   About the Lenzing Group
    
   The Lenzing  Group  stands  for  ecologically  responsible  production  of
   specialty fibers  made  from  the  renewable  raw  material  wood.  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 form the basis  for a variety  of
   textile applications ranging from elegant clothing to versatile denims and
   high-performance sports clothing.  Due to their  consistent high  quality,
   their biodegradability and compostability  Lenzing fibers are also  highly
   suitable for hygiene products and agricultural applications.
    
   The business  model  of  the Lenzing  Group  goes  far beyond  that  of  a
   traditional fiber  producer. Together  with  its customers  and  partners,
   Lenzing develops innovative products along the value chain, creating added
   value  for  consumers.  The  Lenzing  Group  strives  for  the   efficient
   utilization and processing of  all raw materials  and offers solutions  to
   help redirect the textile sector  towards a closed-loop economy. In  order
   to reduce the speed of global warming and to accomplish the targets of the
   Paris Climate Agreement and the “Green Deal” of the EU Commission, Lenzing
   has a clear vision: namely to make a zero-carbon future come true.
    
   Key Facts & Figures Lenzing Group 2021
   Revenue: EUR 2.19 bn
   Nominal capacity: 1,145,000 tonnes
   Number of employees (headcount): 7,958
    
   TENCEL™, VEOCEL™, LENZING™,  REFIBRA™, ECOVERO™,  LENZING MODAL™,  LENZING
   VISCOSE™, MICROMODAL™ and PROMODAL™ are trademarks of Lenzing AG.
    

   About Filippa K
   Swedish fashion house Filippa K has pioneered Scandinavian minimalism
   since 1993, with an effortlessly sensual approach that stands the test of
   time. Offering a complete wardrobe of refined essentials, the collections
   balance style and functionality to meet the real needs of everyday life.
   Filippa K’s mindful design approach revolves around three sustainability
   pillars – circularity, traceability and impact reduction – which are
   enabled by its partnerships and scalability efforts.

   About Södra
   Södra was founded in 1938 on the idea that we are stronger together. We
   are now the largest forest-owner association in Sweden, with 51,000 family
   forest owners as members. Together, Södra’s members own a world-leading
   industry that processes forest raw material into renewable products such
   as pulp, timber, building systems, liquid bioproducts and energy. Rooted
   in the forest, we grow the future.
    

   About Riopele
   Founded in 1927,  Riopele is one  of the oldest  textile manufacturers  in
   Portugal and an international reference in the creation and production  of
   fabrics in fashion. Incorporating sustainable practices across the  entire
   business, Riopele invests in the production of high-quality fabrics, based
   on natural,  synthetic,  artificial  and recycled  fibres.  As  a  leading
   textile manufacturer,  Riopele  integrates  the areas  of  R&D,  Spinning,
   Dyeing, Twisting, Weaving  and Finishing, offering  a vertical  production
   system that  can  meet  the  current demands  of  the  fast-paced  fashion
   industry.
    

    

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   14.02.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
   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: 1558773


    
   End of News EQS News Service


   1558773  14.02.2023 CET/CEST

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