EQS-News: Lenzing Group positions bio‑based materials as a strategic asset for Europe’s economic security
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.
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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]media@lenzing.com
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.
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10.03.2026 CET/CEST This Corporate News was distributed by [6]EQS Group
View original content: [7]EQS News
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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: 2288394
End of News EQS News Service
2288394 10.03.2026 CET/CEST
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