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26.07.2021
Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Strategic Management Decisions
-
Another milestone on the path to targeted reduction of wastewater emissions\nAll production facilities operate in line with the Lenzing Group's high standards\nFull utilization of production capacity possible at the site\nNew EU environmental requirements will be fully and promptly satisfied starting in 2024\nLenzing - The Lenzing Group, a world-leading provider of wood-based specialty fibers for the textile and nonwoven industries, is investing GBP 20 mn (equal to EUR 23.3 mn) to build a new, state-of-the-art wastewater treatment plant at its site in Grimsby, United Kingdom. The investment is part of the company's plans to reduce wastewater emissions by 2022.
Once it has implemented this project, Lenzing will have biological wastewater treatment plants that meet the best available techniques (BAT) quality standard at all its production sites. The plant design, which will employ a new technology developed as part of a research project, is fully aligned with the UK regulator and supported by the local authorities. "This is a huge step forward in delivering the overall Lenzing strategic goals and a milestone in our long- term plan to give the Grimsby site a solid platform for sustainable growth", says Phil Munson, Director Operations Lyocell Grimsby at Lenzing.
The site's current wastewater situation complies fully with the EU Water Framework Directive as well as all local laws and regulations. The investment has been approved by the Supervisory Board, ensuring that construction can start this year and the plant will be commissioned well before the UK-ratified EU directive[1] [#_ftn1] goes into effect. This will be the largest investment since opening this lyocell site, which manufactures premium products for technical and innovative market segments, among other things.
Zwtl.: Responsible water use
After modernizing the wastewater treatment plant at the company's Purwakarta site in Indonesia, the construction of the new plant in Grimsby marks another big step toward reducing the Group's wastewater emissions 20 percent by 2022 (against a 2014 baseline). Responsible water use is one of the core elements of Lenzing's "Naturally positive" sustainability strategy and is largely executed by using water efficiently in manufacturing and employing state-of-the-art water treatment technologies.
"Lenzing has set itself concrete sustainability targets for the most important challenges in every one of its strategic core areas, and we are pursuing them in a very disciplined fashion", says Stefan Doboczky, Chief Executive Officer of the Lenzing Group. "Lenzing has demonstrated quite impressively with this project that financial performance and corporate citizenship are not mutually exclusive but unlock synergies instead."
Photo download [https://mediadb.lenzing.com/pinaccess/ showpin.do?pinCode=qETMx3I1M5G3] PIN: qETMx3I1M5G3
[1] [#_ftnref1] Best Available Techniques (BAT) Reference Document for Waste treatment Industrial Emissions Directive 2010/75/EU (Integrated Pollution Prevention and Control)
end of announcement euro adhoc
issuer: Lenzing AG
A-4860 Lenzing phone: +43 7672-701-0 FAX: +43 7672-96301 mail: office@lenzing.com WWW: http://www.lenzing.com ISIN: AT0000644505 indexes: ATX, WBI stockmarkets: Wien language: English
Digital press kit: http://www.ots.at/pressemappe/1597/aom
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Lenzing
Akt. Indikation:  107.00 / 108.40
Uhrzeit:  22:53:42
Veränderung zu letztem SK:  -0.28%
Letzter SK:  108.00 ( -4.26%)



 

Bildnachweis

1. Lenzing, Première Vision Paris, Copyright: Lenzing AG , (© Aussender)   >> Öffnen auf photaq.com

Aktien auf dem Radar:Porr, UBM, DO&CO, Telekom Austria, Lenzing, Frequentis, Marinomed Biotech, Zumtobel, Polytec Group, SBO, Semperit, AMS, VIG, voestalpine, Wolford, Andritz, AT&S, Bawag, Erste Group, FACC, Flughafen Wien, Kapsch TrafficCom, OMV, Palfinger, RBI, S Immo, Strabag, Uniqa, CA Immo, Warimpex, Amag.


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    Lenzing AG / Lenzing invests in state-of-the-art wastewater treatment at Grimsby site


    26.07.2021
    Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
    Strategic Management Decisions
    -
    Another milestone on the path to targeted reduction of wastewater emissions\nAll production facilities operate in line with the Lenzing Group's high standards\nFull utilization of production capacity possible at the site\nNew EU environmental requirements will be fully and promptly satisfied starting in 2024\nLenzing - The Lenzing Group, a world-leading provider of wood-based specialty fibers for the textile and nonwoven industries, is investing GBP 20 mn (equal to EUR 23.3 mn) to build a new, state-of-the-art wastewater treatment plant at its site in Grimsby, United Kingdom. The investment is part of the company's plans to reduce wastewater emissions by 2022.
    Once it has implemented this project, Lenzing will have biological wastewater treatment plants that meet the best available techniques (BAT) quality standard at all its production sites. The plant design, which will employ a new technology developed as part of a research project, is fully aligned with the UK regulator and supported by the local authorities. "This is a huge step forward in delivering the overall Lenzing strategic goals and a milestone in our long- term plan to give the Grimsby site a solid platform for sustainable growth", says Phil Munson, Director Operations Lyocell Grimsby at Lenzing.
    The site's current wastewater situation complies fully with the EU Water Framework Directive as well as all local laws and regulations. The investment has been approved by the Supervisory Board, ensuring that construction can start this year and the plant will be commissioned well before the UK-ratified EU directive[1] [#_ftn1] goes into effect. This will be the largest investment since opening this lyocell site, which manufactures premium products for technical and innovative market segments, among other things.
    Zwtl.: Responsible water use
    After modernizing the wastewater treatment plant at the company's Purwakarta site in Indonesia, the construction of the new plant in Grimsby marks another big step toward reducing the Group's wastewater emissions 20 percent by 2022 (against a 2014 baseline). Responsible water use is one of the core elements of Lenzing's "Naturally positive" sustainability strategy and is largely executed by using water efficiently in manufacturing and employing state-of-the-art water treatment technologies.
    "Lenzing has set itself concrete sustainability targets for the most important challenges in every one of its strategic core areas, and we are pursuing them in a very disciplined fashion", says Stefan Doboczky, Chief Executive Officer of the Lenzing Group. "Lenzing has demonstrated quite impressively with this project that financial performance and corporate citizenship are not mutually exclusive but unlock synergies instead."
    Photo download [https://mediadb.lenzing.com/pinaccess/ showpin.do?pinCode=qETMx3I1M5G3] PIN: qETMx3I1M5G3
    [1] [#_ftnref1] Best Available Techniques (BAT) Reference Document for Waste treatment Industrial Emissions Directive 2010/75/EU (Integrated Pollution Prevention and Control)
    end of announcement euro adhoc
    issuer: Lenzing AG
    A-4860 Lenzing phone: +43 7672-701-0 FAX: +43 7672-96301 mail: office@lenzing.com WWW: http://www.lenzing.com ISIN: AT0000644505 indexes: ATX, WBI stockmarkets: Wien language: English
    Digital press kit: http://www.ots.at/pressemappe/1597/aom
    BSN Podcasts
    Der Podcast für junge Anleger jeden Alters

    Wiener Börse Plausch #23: Lenzing lässt unser System crashen, Valneva, Verbund & AT&S ziehen, S Immo lädt ein, UBM stark




    Lenzing
    Akt. Indikation:  107.00 / 108.40
    Uhrzeit:  22:53:42
    Veränderung zu letztem SK:  -0.28%
    Letzter SK:  108.00 ( -4.26%)



     

    Bildnachweis

    1. Lenzing, Première Vision Paris, Copyright: Lenzing AG , (© Aussender)   >> Öffnen auf photaq.com

    Aktien auf dem Radar:Porr, UBM, DO&CO, Telekom Austria, Lenzing, Frequentis, Marinomed Biotech, Zumtobel, Polytec Group, SBO, Semperit, AMS, VIG, voestalpine, Wolford, Andritz, AT&S, Bawag, Erste Group, FACC, Flughafen Wien, Kapsch TrafficCom, OMV, Palfinger, RBI, S Immo, Strabag, Uniqa, CA Immo, Warimpex, Amag.


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    Evotec
    Evotec ist ein Wirkstoffforschungs- und -entwicklungsunternehmen, das in Forschungsallianzen und Entwicklungspartnerschaften mit Pharma- und Biotechnologieunternehmen, akademischen Einrichtungen, Patientenorganisationen und Risikokapitalgesellschaften Ansätze zur Entwicklung neuer pharmazeutischer Produkte vorantreibt.

    >> Besuchen Sie 67 weitere Partner auf boerse-social.com/partner


    Mehr aktuelle OTS-Meldungen HIER

    Useletter

    Die Useletter "Morning Xpresso" und "Evening Xtrakt" heben sich deutlich von den gängigen Newslettern ab. Beispiele ansehen bzw. kostenfrei anmelden. Wichtige Börse-Infos garantiert.

    Newsletter abonnieren

    Runplugged

    Infos über neue Financial Literacy Audio Files für die Runplugged App
    (kostenfrei downloaden über http://runplugged.com/spreadit)

    per Newsletter erhalten


    Meistgelesen
    >> mehr





    PIR-Zeichnungsprodukte
    AT0000A2TJM2
    AT0000A2RA44
    AT0000A2H9A6
    Newsflow
    >> mehr

    Börse Social Club Board
    >> mehr
      BSN MA-Event BMW
      BSN MA-Event BMW
      BSN MA-Event Deutsche Boerse
      BSN MA-Event BMW
      BSN MA-Event BMW
      BSN MA-Event Airbus Group
      BSN MA-Event Allianz
      BSN MA-Event Deutsche Boerse
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      Featured Partner Video

      Wiener Börse Plausch #15: Main Event Valneva, von Tesla in AT&S, VST fehlte, Marinomed mit neuem deutschen Fan, Lenzing

      Team drajc, das sind die Börse Social Network Eigentümer Christian Drastil und Josef Chladek, quatscht in „Wiener Börse Plausch #15" wieder über das aktuelle Geschehen in ...