• 10.03.2026, 09:15:45
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EQS-News: Lenzing Group positions bio‑based materials as a strategic asset for Europe’s economic security

EQS-News: Lenzing AG / Key word(s): Conference
   Lenzing Group positions bio‑based materials as a strategic asset for
   Europe’s economic security

   10.03.2026 / 09:15 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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

   Lenzing Group positions bio‑based materials as a strategic asset for
   Europe’s economic security

    

     • Bio‑based, cellulose fiber solutions showcased as enablers of Europe’s
       clean‑industry transition
     • High-level roundtable in Brussels brings EU policymakers and industry
       leaders together to discuss scalable alternatives to fossil-based
       materials

    

   Lenzing, March 10, 2026 – The Lenzing Group, a leading supplier of
   regenerated cellulose fibers for the textile and nonwovens industries,
   hosted a high‑level roundtable in Brussels to discuss how bio‑based
   materials can strengthen Europe’s economic security and support the shift
   toward a fossil‑free future. Organized in cooperation with Euractiv, the
   event brought together representatives of the European Commission, the UK
   Mission to the EU, academia, civil society, and industry.

    

   Speakers included Aurel Ciobanu‑Dordea, Director for Competitive Circular
   Economy and Clean Industrial Policy at the European Commission’s DG
   Environment, Dr. Daniel Bradley, Deputy Counsellor & Head of Climate and
   Environment at the UK Mission to the EU, and Patricia A. Sargeant,
   Executive Vice President Nonwovens Commercial at the Lenzing Group.

    

   A key topic of discussion was the potential of cellulosic fibers[1]^[1] as
   fully bio‑based, biodegradable alternatives in nonwoven applications such
   as wet wipes. While Europe has the industrial foundation to scale these
   fossil‑free materials, competitiveness is constrained by global regulatory
   and cost asymmetries. Clear, coherent policy signals – Including possible
   updates to the Single Use Plastics Directive (SUPD) – were identified as
   essential for investment certainty and broader market uptake.

    

   “Europe has set ambitious goals for a clean‑industry transition. Our
   roundtable in Brussels showed that bio‑based materials are not a future
   vision – they are a practical, scalable reality today. As an integrated
   cellulosic fiber producer with deep European roots, Lenzing helps
   strengthen industrial resilience while accelerating the shift away from
   fossil‑based synthetic fibers,” said Georg Kasperkovitz, Member of the
   Management Board of Lenzing Group.

    

   Lenzing reaffirmed that industrial competitiveness and climate ambition
   can reinforce each other. Its specialty fibers, produced from renewable
   wood, offer lower greenhouse gas emissions compared to generic
   alternatives and are certified biodegradable and compostable. The
   company’s climate targets align with the 1.5‑degree pathway and have been
   validated by the Science Based Targets initiative.

    

   “Maintaining and expanding European production capacity is essential for
   supply‑chain resilience and strategic autonomy. Lenzing operates major
   integrated pulp and fiber sites in Austria, Czechia, and the UK, with
   Europe‑based R&D supporting jobs, innovation, and technological know‑how
   within the region. Cellulosic fibers play a critical role in single-use
   products for hygiene applications – underscoring the need to redesign
   products toward biodegradable material solutions that address SUPD
   concerns and microplastic pollution,” emphasized Patricia A. Sargeant.

    

   With its longstanding commitment to climate leadership, innovation, and
   European manufacturing, the Lenzing Group will continue to work closely
   with policymakers and industry partners to advance a resilient,
   fossil‑free materials economy.

    

    

   Photo download:

   [2]https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=u5o8w6D4r2f5

    

   For enquiries, please contact   
   Media Relations:                
    
   Phone   +43 7672 701 2743
   E-mail    [3][email protected]
   Web       [4]www.lenzing.com

    

   About the Lenzing Group
    
   The Lenzing Group stands for  the responsible production of specialty  and
   premium fibers based  on regenerated cellulose.  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  are the  raw material  for a  wide range  of  textile
   applications –  ranging  from  functional,  comfortable,  and  fashionable
   clothing through to durable  and sustainable home textiles.  TÜV-certified
   biodegradable and compostable Lenzing fibers are also ideal for  demanding
   use in everyday hygiene applications.
    
   The  Lenzing  Group’s  business  model  extends  far  beyond  that  of   a
   traditional fiber  producer. Together  with  its customers  and  partners,
   Lenzing develops innovative products along  the value chain, adding  value
   for consumers. The  Lenzing Group  strives for  efficient utilization  and
   processing of all raw materials and offers solutions for the transition of
   the textile industry from the current linear economic system to a circular
   economy. In order  to align  its commitment to  limiting man-made  climate
   change with  the  goals of  the  Paris  Agreement, Lenzing  has  a  clear,
   science-based  climate  action  plan  that  provides  for  a   significant
   reduction in greenhouse gas emissions (Scopes 1,  2, and 3) by 2030 and  a
   net-zero target by 2050.
    
   Key Facts & Figures Lenzing Group 2024
   Revenue: EUR 2.66 bn
   Nominal capacity (fibers): 1,110,000 tonnes
   Employees (full-time equivalents): 7,816
    
   TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™, and REFIBRA™ are trademarks
   of Lenzing AG.

      

   [5]^[1] LENZING™ fibers which are TÜV certified biodegradable (soil, fresh
   water & marine) and compostable (home & industrial) include the following
   products: LENZING™ Viscose Standard textile/ nonwovens, LENZING™ Lyocell
   Standard textile/nonwovens, LENZING™ Modal Standard textile, LENZING™
   Lyocell Filament, LENZING™ Lyocell Dry and LENZING™ Web Technology. An
   exception in certification applies for the fibers LENZING™ Lyocell
   Filament and LENZING™ Lyocell Dry, for which the necessary tests for
   confirming biodegradability in marine environment were not yet done or
   finalized.

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

   10.03.2026 CET/CEST This Corporate News was distributed by [6]EQS Group

   View original content: [7]EQS News

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

   Language:    English
   Company:     Lenzing AG
                4860 Lenzing
                Austria
   Phone:       +43 7672-701-0
   Fax:         +43 7672-96301
   E-mail:      [email protected]
   Internet:    www.lenzing.com
   ISIN:        AT0000644505
   Indices:     ATX
   Listed:      Vienna Stock Exchange (Official Market)
   EQS News ID: 2288394


    
   End of News EQS News Service


   2288394  10.03.2026 CET/CEST

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