The Lenzing Group – world’s pioneer in wooden-based mostly specialty fibers, hosted ‘The Lenzing Conclave’ in New Delhi. The conclave was aimed in direction of connecting the availability chain companions with the brand new era of fibers & merchandise for textile business by way of information-sharing and wealthy dialogue platform. A key focus on the occasion was the problem confronted by the business as a consequence of cotton provide and prices. The discussions centered on the scope of finish purposes made utilizing cotton – Lenzing fiber blends that present complete advantages all through the availability chain and to finish shoppers. India is among the many key markets for Lenzing Group and ‘The Lenzing Conclave’ represents their journey of 80+ years of fiber improvements and path to the way forward for textiles and style.
"The Lenzing Conclave" got here to a profitable conclusion with the dissemination of latest concepts and an expanded community of companions in taking it to market. Participants shared a dedication to implement sustainable and worth-pushed manufacturing all through the availability chain, all the best way to the tip shopper. These ideas centered on assembly the market's current fiber wants and fixing the challenges associated to value, provide, and financial insecurity. As properly as turning into future-proof in gentle of the speed of growth of the world's textile markets and the requirement for superior, various fibers to fulfill this demand. The cotton – TENCEL™ branded fiber mix choices, which had been offered in the product show, obtained a really constructive response. The members noticed the worth of those higher performing and sustainable merchandise assembly the present market wants. This specific line is anticipated to develop with extra curiosity coming from the manufacturers and producers.
Speaking on the initiative, Mr. S Jayaraman, Senior Commercial Director, Lenzing Group, stated, "We are glad to see the constructive response to the conclave right here in Delhi. We are striving to resolve the essential drawback with the cotton availability and prices. Blends of cotton with Lenzing fibers are turning out to be an excellent alternate possibility for the business with product advantages being handed all through the availability chain to the tip shoppers. With our future prepared sustainable fiber choices, we see the chance to assist the availability chain with superior merchandise provided at a terrific worth for them and their shoppers. The present success of our TENCEL™ and LENZING™ ECOVERO™ fibers are a proof to this imaginative and prescient.”The occasion featured product displays for a wide range of finish makes use of, together with conventional clothes in addition to denim, dwelling & interiors, intimates, and outerwear. The show featured a wide range of modern material developments developed with TENCEL™ branded lyocell and modal fibers, LENZING™ECOVERO™ specialty viscose fibres, and designed for the home and worldwide markets. The conclave's workshops walked attendees by way of the present state of the worldwide fiber market and supplied them with perception into its prospects.
With a presence of over two-a long time in the Indian market, Lenzing has taken the lead in empowering India’s textile business throughout the textile worth chain to undertake extra eco-pleasant practices with the introduction of its flagship textile model TENCEL™ fiber. Lenzing opened the brand new yr with celebrations round three a long time of sustainable fiber innovation of its flagship textile model, TENCEL™. Over the final 30 years, TENCEL™ model has empowered corporations throughout the textile worth chain to create premium worth pushed merchandise for finish shoppers.
Lenzing’s authentic innovation LENZING™ ECOVERO™ viscose fibers have additionally been of key curiosity for the manufacturers and producers. Owing to its demand in western markets, ECOVERO™ fibers proceed to see new product improvements throughout completely different finish purposes.
In India, Lenzing has developed from one-product model right into a rising-basket of choices as shopper demand for sustainable style merchandise proceed to develop. This success is mirrored in collaborations with ace designers resembling Satya Paul, Ritu Kumar, Rajesh Pratap Singh, Anita Dongre, and Abraham & Thakore to main manufacturers resembling Levi’s, Jockey, Myntra, and Global Desi to call just a few. Lenzing at the moment is current throughout all main attire classes in India resembling ethnic put on, intimate put on, normal outerwear, jeans and dwelling furnishings.
In 2020, Lenzing launched its first provide chain resolution studio 'The Lenzing Hub' in Mumbai, and in 2022, it opened its second Hub in Surat, each of that are successfully assembly the calls for of native companies and connecting the native markets to new world improvements.Key Facts & Figures Lenzing Group 2021Revenue: EUR 2.19 bn
Nominal capability: 1,145,000 tonnes
Number of staff (headcount): 7,958
TENCEL™, VEOCEL™, LENZING™, REFIBRA™, ECOVERO™, LENZING MODAL™, LENZING VISCOSE™, MICROMODAL™ and PROMODAL™ are logos of Lenzing AG.
Disclaimer: The above key monetary indicators are derived primarily from the condensed consolidated interim monetary statements and the consolidated monetary statements of the earlier yr of the Lenzing Group. Additional particulars are supplied in “Notes on the financial performance indicators of the Lenzing Group”, the glossary to the half-yr report, and the condensed interim consolidated monetary statements and the Lenzing Group’s consolidated monetary statements of the earlier yr. Rounding variations might happen in the presentation of rounded quantities and percentages.