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Lenzing AG

EANS-Adhoc: Lenzing AG
Lenzing announces 10% fiber price increase

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
Company Information
29.11.2010
The Lenzing Group, world leader in man-made cellulose fibers, will 
adapt its fiber prices with the beginning of 2011. Prices will be 
raised by at least 10%, depending on the product. Price increases 
will take place in Textile Fibers as well as in Nonwovens. The 
decision was necessitated by the recent strong rise in raw material 
prices, in particular for dissolving pulp and chemicals required for 
the production of viscose, modal and TENCEL® fibers.
Lenzing emphasizes that the company had managed to keep the prices 
for its specialty fibers Lenzing Modal® and TENCEL® stable throughout
the year 2010, despite the booming cotton and polyester fiber prices 
from mid-year onwards. Lenzing intends to pursue a balanced pricing 
policy in the interest of long-term customer relationships also in 
the future. The company considers itself a reliable and predictable 
partner of all its customers throughout the textile value chain.
end of announcement                               euro adhoc

Further inquiry note:

Lenzing AG
Mag. Angelika Guldt
Tel.: +43 (0) 7672-701-2713
Fax: +43 (0) 07672-918-2713
mailto:a.guldt@lenzing.com

Branche: Chemicals
ISIN: AT0000644505
WKN: 852927
Index: WBI
Börsen: Berlin / free trade
Wien / official market

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