EQS-News: Lenzing relies on wind power to expand green energy mix in the fiber and pulp production
EQS-News: Lenzing AG / Key word(s): Sustainability/Contract
Lenzing relies on wind power to expand green energy mix in the fiber and
pulp production
09.11.2023 / 12:04 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Lenzing relies on wind power to expand green energy mix in the fiber and
pulp production
• Supply contract with WLK energy increases independence from fossil
fuels and secures long-term power supply
• New plant will supply Upper Austrian site with around 13 megawatts of
renewable wind power from 2025 – groundbreaking ceremony takes place
today, November 09
Lenzing/Engelhartstetten – The Lenzing Group, a leading global supplier of
specialty fibers for the textile and nonwovens industries, has concluded a
supply contract with the Austrian electricity producer WLK energy for the
purchase of around 13 megawatts of wind power. Lenzing is thus not only
underlining its commitment to climate protection and the energy
transition, but is also making a long-term investment in a price-stable
and diversified electricity supply. The contract has a term of 15 years
and provides for supply from the new wind farm in Engelhartstetten from
the first quarter of 2025.
The construction of the wind farm is a joint project involving several
partners, including the operator and electricity supplier WLK energy,
based in Untersiebenbrunn (Lower Austria). The total output of the wind
farm with a total of eleven wind turbines will be around 45 megawatts. The
share of around 13 megawatts, which will be produced exclusively for the
needs of the Lenzing site (Upper Austria), corresponds to the average
electricity requirements of around 10,000 households per year in Austria.
The ground-breaking ceremony to mark the start of construction will take
place today, November 09, 2023, with representatives from politics and
business.
“The generation of renewable electrical energy from wind and solar power
and from biomass is a cornerstone of our corporate strategy and the basis
for long-term commercial success. With the Engelhartstetten wind farm, we
are not only making another significant contribution to the
decarbonization of Lenzing. Together with our strong partners, we are also
positioning ourselves even more independently of the global energy market
and thus gain more planning security”, says Christian Skilich, member of
the Management Board of the Lenzing Group.
In 2019, Lenzing was the first fiber manufacturer to set itself the goal
of reducing its CO[2] emissions by 50 percent by 2030 and becoming
carbon-neutral by 2050. This CO[2] reduction target was recognized by the
Science Based Targets Initiative. In 2022, Lenzing opened Upper Austria’s
largest open-space photovoltaic plant together with Verbund and also
signed an electricity supply contract for photovoltaic energy with the
green electricity producer Enery and Energie Steiermark.
Photo download: (Photos of the ground-breaking ceremony will be added
shortly):
[1] https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=XDCGqV60AFwa
PIN: XDCGqV60AFwa
Your contacts:
Dominic Köfner Daniel Winkelmeier
Vice President Corporate Communications & Communications Manager
Public Affairs Lenzing Aktiengesellschaft
Lenzing Aktiengesellschaft Werkstraße 2, 4860 Lenzing,
Werkstraße 2, 4860 Lenzing, Austria Austria
Phone +43 7672 701 2743 Phone +43 7672 701 2871
E-mail media@lenzing.com E-mail [3]media@lenzing.com
Web [2] www.lenzing.com Web [4] 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 2022
Revenue: EUR 2.57 bn
Nominal capacity: 1,145,000 tonnes
Number of employees (headcount): 8,301
TENCEL™, VEOCEL™, LENZING™, REFIBRA™, ECOVERO™, LENZING MODAL™, LENZING
VISCOSE™, MICROMODAL™ and PROMODAL™ are trademarks of Lenzing AG.
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09.11.2023 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: 1769805
End of News EQS News Service
1769805 09.11.2023 CET/CEST
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