09.01.2019,
4630 Zeichen
Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.
Joint Ventures/Cooperation/Collaboration
Highlights -
Cooperation with Hof University of Applied Sciences enables new product developments and tests\nIntensified collaboration with brands and private labels in the cosmetics and hygiene sectors\nNew wound care products extend the offering for medical applications\nProducts made of LENZING(TM) fibers are biodegradable and a viable solution to combat plastic pollution\nLenzing - The Lenzing Group, world market leader for wood-based specialty
fibers, is expanding its offering of solutions for the cosmetics, hygiene and
medical sectors.
Heiko Arnold, Chief Technology Officer of the Lenzing Group,
and Jürgen Lehmann, President of Hof University of Applied Sciences in Saale,
Germany, have signed a cooperation agreement to utilize a new spunlacing line
for nonwoven applications. The collaboration between the company and the
university will initially last for a period of five years and gives Lenzing
access to use the machines and technologies.
The Lenzing Group will take advantage of this new technology center for nonwoven
applications located on the Münchberg Campus at the Hof University of Applied
Sciences as soon as it has been completed at the beginning of 2020 and will
focus on further developing and testing its fibers there. As a result, it will
gain access to the newest state-of-the-art machinery and technologies which its
customers and partners also use to process LENZING(TM) fibers. In this way, it
will be possible to develop new product qualities and applications in
collaboration with the university.
A significant share of LENZING(TM) fibers is designed for daily cosmetics and
hygiene products and is also being increasingly deployed for medical purposes.
Many people come into contact every day with LENZING(TM) fibers without knowing
it, for example in face masks, cleansing tissues, baby wipes, incontinence
products or moist toilet tissues.
"The cooperation with the Münchberg Competence Center of the Hof University of
Applied Sciences is a further milestone in implementing the sCore TEN corporate
strategy. It will enable us to intensify customer intimacy with our partners in
the hygiene, cosmetics and medical industries and support them even more
effectively in developing new products", says Lenzing Chief Technology Officer
Heiko Arnold on the occasion of signing the agreement. "This will serve as the
basis for sustainable and innovative solutions which consumers can use in daily
life with a good conscience", he adds.
"We have been working together for many years with all customers and partners
along the value chain and also aim to intensify our cooperation with
manufacturers of brand-name products. Utilization of the facilities made
available by the Hof University of Applied Sciences will allow us to carry out
more extensive testing and develop new applications more quickly", states
Wolfgang Plasser, Vice President Global Business Management Nonwovens. "As a
result, we will open up new product groups in the medical sector, for example in
wound care, in light of the fact that nonwovens made of our fibers do not
contain any chemical binding agents", he adds.
"This cooperation enables both partners to optimally use the nonwovens machine
and comes close to being a unique form of collaboration between the research
community and industry in this segment. Textiles are more than just clothing. At
the university we offer the entire range of academic training, from bachelor's
and master's degrees to doctoral programs. Textile engineering is a future-
oriented profession", says Jürgen Lehmann, President of the Hof University of
Applied Sciences.
With this cooperation the Lenzing Group will be able to further expand its
product portfolio. Its fibers made of the sustainable raw material wood boast a
particularly good ecological footprint, are biodegradable and are considered to
be a viable solution against the increasing plastic pollution of land and water.
Photo download:
https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=zIeNLgK9dYHw [https://
mediadb.lenzing.com/pinaccess/showpin.do?pinCode=zIeNLgK9dYHw]
PIN: zIeNLgK9dYHw
end of announcement euro adhoc
issuer: Lenzing AG
A-A-4860 Lenzing
phone: +43 7672-701-0
FAX: +43 7672-96301
mail: office@lenzing.com
WWW: http://www.lenzing.com
ISIN: AT0000644505
indexes: WBI, ATX
stockmarkets: Wien
language: English
Digital press kit: http://www.ots.at/pressemappe/1597/aom
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Akt. Indikation: 32.85 / 32.90
Uhrzeit: 22:58:03
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Letzter SK: 32.60 ( -0.91%)
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