EQS-News: Lenzing AG: Lenzing continues to invest in renewable energy expansion
EQS-News: Lenzing AG / Key word(s): Sustainability/Alliance
Lenzing AG: Lenzing continues to invest in renewable energy expansion
09.09.2022 / 10:19 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Lenzing continues to invest in renewable energy expansion
• Partnership with green power producer Enery and Energie Steiermark
realizes construction of a photovoltaic plant with 5.5 MWpeak capacity
• Strategic investments in renewables boost energy independence and
reduce carbon footprint
Lenzing – The Lenzing Group, world-leading provider of wood-based
specialty fibers, has signed an electricity supply contract with green
power producer Enery and Energie Steiermark to finance a photovoltaic
plant in the Deutschlandsberg region (Styria). The electricity generated
will supply the fiber and pulp plant at the Lenzing site after
commissioning from the fourth quarter of 2023. The electricity supply
contract is limited to 20 years.
The plant’s output will amount to 5.5 MWpeak. This corresponds to the
average annual electricity demand of more than 1,700 households. Several
photovoltaic systems are already being installed at the Lenzing site,
including the largest ground-mounted plant in the province of Upper
Austria, whose commissioning is imminent.
“In order to reduce our carbon emissions even further in line with our
strategic targets, we aim in the future to rely to an even greater extent
on electricity generated from renewable energies. Concepts such as these
will make us less dependent on global energy markets in the medium to long
term and further support our transition from a linear to a circular
economy model,” comments Stephan Sielaff, Lenzing Group CEO.
In 2019, Lenzing became the first fiber manufacturer to set a target to
reduce its carbon emissions by 50 percent by 2030 and to be climate
neutral by 2050. This carbon reduction target has been confirmed by the
Science Based Targets Initiative. Lenzing is also currently investing in
reducing carbon emissions at other sites worldwide. Only recently, the
Lenzing Group announced that its Indonesian site will also be relying on
green energy in the future.
“We are very pleased to have signed one of the first long-term electricity
supply contracts with a leading Austrian industrial company for our first
solar park in the province of Styria. In the context of our industry
partnership, we are particularly pleased to make a contribution to
ensuring that Austrian industry receives competitive and sustainable green
power in order to remain internationally competitive within this turbulent
market environment,” note Richard König, CEO of Enery, and Lukas Nemec,
COO of Enery.
For Christian Purrer and Martin Graf, members of the Management Board of
Energie Steiermark, the project is “the result of an efficient and
trend-setting interaction between energy companies, regional policymakers
and industry, with a clear win-win situation for all parties involved. It
exemplifies how quickly green generation projects can be implemented when
all stakeholders agree to act together and avoid excuses as to why
something can’t be done.”
Photo download:
[1] https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=7OSzc5S2kUrb
PIN: 7OSzc5S2kUrb
Your contact for
Public Relations:
Dominic Köfner Daniel Winkelmeier
Vice President Corporate Communications Manager
Communications & Public Affairs Lenzing Aktiengesellschaft
Lenzing Aktiengesellschaft Werkstraße 2, 4860 Lenzing, Austria
Werkstraße 2, 4860 Lenzing, Austria
Phone +43 7672 701 2871
Phone +43 7672 701 2743 E-mail [4]d.winkelmeier@lenzing.com
E-mail [2]media@lenzing.com Web [5] www.lenzing.com
Web [3] www.lenzing.com
About the Lenzing Group
The Lenzing Group stands for ecologically responsible production of
specialty fibers made from the renewable raw material wood. As an
innovation leader, Lenzing is a partner of global textile and nonwoven
manufacturers and drives many new technological developments.
The Lenzing Group’s high-quality fibers form the basis for a variety of
textile applications ranging from elegant clothing to versatile denims and
high-performance sports clothing. Due to their consistent high quality,
their biodegradability and compostability Lenzing fibers are also highly
suitable for hygiene products and agricultural applications.
The business model of the Lenzing Group goes far beyond that of a
traditional fiber producer. Together with its customers and partners,
Lenzing develops innovative products along the value chain, creating added
value for consumers. The Lenzing Group strives for the efficient
utilization and processing of all raw materials and offers solutions to
help redirect the textile sector towards a closed-loop economy. In order
to reduce the speed of global warming and to accomplish the targets of the
Paris Climate Agreement and the “Green Deal” of the EU Commission, Lenzing
has a clear vision: namely to make a zero-carbon future come true.
Key Facts & Figures Lenzing Group 2021
Revenue: EUR 2.19 bn
Nominal capacity: 1,145,000 tonnes
Number of employees (headcount): 7,958
TENCEL™, VEOCEL™, LENZING™, REFIBRA™, ECOVERO™, LENZING MODAL™, LENZING
VISCOSE™, MICROMODAL™ and PROMODAL™ are trademarks of Lenzing AG.
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09.09.2022 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com
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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: 1439087
End of News EQS News Service
1439087 09.09.2022 CET/CEST
References
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