Lenzing AG / Lenzing and Speyer & Grund set new standards for optimized sustainable supply chains
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EQS-News: Lenzing AG
/ Key word(s): Alliance/Sustainability
Lenzing – The Lenzing Group, a leading provider of regenerated cellulose fibers for the textile and nonwoven industries, and Speyer & Grund, specialists in vinegar essences and acidulants as well as long-term partners for LENZING™ Acetic Acid Biobased, announce the completion of a new acetic acid storage tank. This successful strategic project is not only a strong signal for the long-term partnership but also marks a new level of supply chain excellence. The new storage tank, built at Speyer & Grund’s site in Meerane (Germany), contains a tank for the exclusive filling with LENZING™ Acetic Acid Biobased. This is produced as a by-product in pulp production. The now increased tank capacity also enhances flexibility in the supply chain. Elisabeth Stanger, Senior Director Biorefinery & Co-Products: “Lenzing is a European model company of the bioeconomy with its biorefinery products and the most efficient use of the resource wood. We are pleased with the long-standing, trusting partnership with Speyer & Grund, which represents an important step towards an even more sustainable supply chain.” “LENZING™ Acetic Acid Biobased has been an integral part of our Surig vinegar essence since 1983. The new tank solution means growth for us with maximum supply security. At the same time, we increase flexibility for delivery logistics as an important component for close cooperation with a strong partner,” explains Axel Rosener, Managing Director of Speyer & Grund GmbH. The ceremonial commissioning of the acetic acid storage tank took place on Thursday, April 10, 2025. The biorefinery process in Lenzing optimally utilizes the renewable raw material wood, the starting material for pulp and fiber production, and converts it into valuable products such as biobased acetic acid. LENZING™ Acetic Acid Biobased, which has a carbon footprint over 85 percent lower than fossil-based acetic acid, is used in the food, pharmaceutical, cosmetic, cleaning, chemical, and textile industries and in textile sector processes such as washing, dyeing, and finishing.
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14.04.2025 CET/CEST This Corporate News was distributed by EQS Group. 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: | 2116726 |
| End of News | EQS News Service |
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2116726 14.04.2025 CET/CEST
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