on Lenzing AG (isin : AT0000644505)
Lenzing Group Highlights Bio-Based Materials as Europe's Strategic Asset
Lenzing Group is emphasizing the role of bio-based materials in Europe's economic security. At a recent Brussels roundtable, leaders discussed cellulose fibers as alternatives to fossil-based materials, crucial for the clean-industry transition. The event, organized with Euractiv, included speakers from the European Commission and the Lenzing Group, highlighting the scalability of biodegradable materials in applications like wet wipes.
Georg Kasperkovitz from Lenzing highlighted that the company’s fibers aid industrial resilience and fossil-free shifts. Produced from renewable sources, these fibers offer reduced emissions and align with climate targets. Lenzing stresses the need for clear policy signals to ensure investment certainty and market adoption.
Lenzing, with significant European operations, contributes to supply-chain resilience and strategic autonomy, reinforcing the importance of bio-based solutions. The company continues its collaboration with policymakers to foster a resilient, fossil-free materials economy.
R. H.
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