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21st Austria weekly - Lenzing, FACC (26/07/2019)

28.07.2019

Lenzing: Lenzing AG, producer of pulp and fibers from the renewable raw material wood, has concluded its expansion and modernization drive at the pulp plant at the Lenzing site. The company invested Euro 60 mn for this purpose, increasing production capacities for dissolving pulp extracted from beech wood from 300,000 to 320,000 tons per year. The coming on stream of the additional pulp capacities over the past weeks strengthens Lenzing’s self-supply of pulp in accordance with the sCore TEN corporate strategy. “The successful expansion brings us closer to achieving our strategic objective of increasing our self-supply of pulp to a level of 75 percent, thus making us even more resistant to price fluctuations in sourcing pulp”, says Stefan Doboczky, CEO of the Lenzing Group. “We are also pleased that this project enables us to make a further significant contribution towards strengthening the Lenzing site as well as the regional economy”, Mr. Doboczky adds.
Lenzing: weekly performance: 4.96%

FACC: Austria-based FACC, a leading technology partner of the aerospace industry, has been awarded a contract from Bombardier Aviation to provide the radomes for certain Bombardier business aircraft programs. FACC will manufacture the radomes for the Challenger and Global business jet families.  “This contract is the next step in our long-standing relationship with Bombardier”, said Robert Machtlinger, FACC CEO. “This contract represents our continued support of Bombardier, who has chosen FACC’s comprehensive expertise for the manufacture of the radomes. We see ourselves as a technological leader in the field of high-strength, lightweight components for civil aircraft."
FACC: weekly performance: 8.35%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (26/07/2019)


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21st Austria weekly - Lenzing, FACC (26/07/2019)


28.07.2019, 1800 Zeichen



Lenzing: Lenzing AG, producer of pulp and fibers from the renewable raw material wood, has concluded its expansion and modernization drive at the pulp plant at the Lenzing site. The company invested Euro 60 mn for this purpose, increasing production capacities for dissolving pulp extracted from beech wood from 300,000 to 320,000 tons per year. The coming on stream of the additional pulp capacities over the past weeks strengthens Lenzing’s self-supply of pulp in accordance with the sCore TEN corporate strategy. “The successful expansion brings us closer to achieving our strategic objective of increasing our self-supply of pulp to a level of 75 percent, thus making us even more resistant to price fluctuations in sourcing pulp”, says Stefan Doboczky, CEO of the Lenzing Group. “We are also pleased that this project enables us to make a further significant contribution towards strengthening the Lenzing site as well as the regional economy”, Mr. Doboczky adds.
Lenzing: weekly performance: 4.96%

FACC: Austria-based FACC, a leading technology partner of the aerospace industry, has been awarded a contract from Bombardier Aviation to provide the radomes for certain Bombardier business aircraft programs. FACC will manufacture the radomes for the Challenger and Global business jet families.  “This contract is the next step in our long-standing relationship with Bombardier”, said Robert Machtlinger, FACC CEO. “This contract represents our continued support of Bombardier, who has chosen FACC’s comprehensive expertise for the manufacture of the radomes. We see ourselves as a technological leader in the field of high-strength, lightweight components for civil aircraft."
FACC: weekly performance: 8.35%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (26/07/2019)



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