EANS-News: Lenzing AG
10,460 kilometers: First direct complete train with Austrian TENCEL(TM) branded fibers from Vienna to China
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Lenzing AG is breaking new ground. For the first time in the history of Austria, a local company is sending goods that are 100 percent produced in Austria directly to China by train. Company Information Vienna - The Lenzing Group stands for the ecologically responsible production of specialty fibers made from the renewable raw material wood. Due to the high demand from Chinese brands and retailers for sustainably produced fibers, Lenzing delivers fibers from the two Austrian production sites Lenzing and Heiligenkreuz directly to customers in China by train for the first time. Zwtl.: Departure ceremony with Federal Minister Leonore Gewessler Austria's first complete train with goods exclusively "Made in Austria" will leave the Vienna South Terminal towards China on August 20, 2020 at 11 am. The train is loaded with Lenzing fibers and provided by NUNNER Logistics. In strict compliance with the COVID-19 protective measures, Leonore Gewessler, Federal Minister for Climate Action, Environment, Energy, Mobility, Innovation and Technology, His Excellency Xiaosi Li, Ambassador of the People's Republic of China in Austria, Stefan Doboczky, CEO of the Lenzing Group, Thomas Kargl, Board Member of the ÖBB Rail Cargo Group, Erwin Cootjans, CEO Nunner Logistics and Erich Hampel, Chairman of the Board of the B&C Private Foundation, took part in the departure ceremony. The train, which started at Vienna, brings 41 containers with TENCEL(TM) branded Lyocell and Modal fibers with a total value of EUR 1.8 million directly to customers in China. On its 16-day trip to Shanghai, the train covers a total of 10,460 kilometers and passes seven countries: Austria, the Czech Republic, Poland, Belarus, Russia, Kazakhstan and China. "With this new transport route, we can meet the high demand from our customers for sustainably produced fibers more quickly. Thanks to train transport, the urgently needed fibers arrive at our customers in China twice as quickly as by sea freight," says Stefan Doboczky, CEO of the Lenzing Group. Lenzing has had very good experiences with rail transport for a long time when it comes to delivering the renewable raw material wood to its plants. Almost 70 percent of the wood processed at the Lenzing site is already delivered by rail. "Our declared goal is to shift more freight traffic to rail. Rail is the only way to combine climate goals and economic interests and thus transport growth. That is why we are happy to be part of this unique project for our long-standing customer," says Thomas Kargl, Board Member of the ÖBB Rail Cargo Group. "Transporting goods by rail to China is possible. And this train from Vienna to China is an integral part of climate protection. Because we want to support the shift from road to rail, especially in freight transport. Today's train is the first step - I am convinced this train will set an example", says Leonore Gewessler, Federal Minister for Climate Action, Environment, Energy, Mobility, Innovation and Technology. Zwtl.: TENCEL(TM) branded fibers for the fashion world For local brands and retailers in China, sourcing sustainable goods is becoming increasingly important. For this reason, many manufacturers rely on TENCEL(TM) fibers, which contribute to a clean environment thanks to the renewable raw material wood and the ecologically responsible production. The Lenzing Group's high-quality fibers are biodegradable and form the basis for a variety of textile applications. The TENCEL(TM) branded Lyocell and Modal fibers transported to China are then used to create textiles for the fashion industry. TENCEL(TM) Lyocell fibers are known for their natural comfort and environmentally responsible closed loop production process. They are often part of breathable fabrics that support the body's natural thermal regulation as the microscopic fibrils of cellulosic fibers are structured to regulate the absorption and release of moisture. TENCEL(TM) Modal fibers are known for being exquisitely soft and pleasant to the skin. Measurements and hand evaluations of softness show that TENCEL(TM) Modal fibers are twice as soft as cotton. The softness of TENCEL(TM) Modal fibers lasts longer and is able to withstand repeated wash and dry cycles compared to cotton. Lyocell and Modal fibers arrive in China by train on a route that has been used for centuries: this train transport connects Austria even more closely with the One Belt, One Road program, a reintroduction of the legendary Silk Road, which has been the main transit route between Europe and Asia since ancient times. Erwin Cootjans, CEO of NUNNER Logistics: "We are proud to be able to connect Vienna to our Chinese rail network in addition to the direct trains we already have. The new connection makes it easier for industry and logistics in Austria and the surrounding countries to trade with and from China." Photo download [https://mediadb.lenzing.com/pinaccess/ showpin.do?pinCode=DQwVeHSseRcn] PIN: DQwVeHSseRcn Further inquiry note: Filip Miermans Vice President Corporate Communications & Public Affairs Lenzing Aktiengesellschaft Werkstraße 2, 4860 Lenzing, Austria Phone: +43 664 84 77 802 E-mail: f.miermans@lenzing.com 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
Original content of: Lenzing AG, transmitted by news aktuell