Lycra exits Chapter 11 with leaner balance sheet

By Haydn Davis
27 May 2026

Fibre specialist has completed a court-supervised restructuring, cut more than US$1.2b of debt and installed new leadership

Lycra Hyfit

WILMINGTON - The Lycra Company has completed a court-supervised restructuring that cuts more than US$1.2 billion from its long-term debt and brings in over US$75 million in new capital.

The move gives the fibre supplier greater financial flexibility as it continues serving mills and brand partners.

Already have an account? Log In

Join our community

Explore all our independent journalism from as little as 30p per day. Less than an espresso - but more stimulating.

Lenzing launches €300m raise to support nonwovens growth

Events

Textile Daily to launch at Performance Days

Business, Hygiene

Premium

California signs-off diaper chemical disclosure bill

Raw Materials

Premium

Borouge opens new recycled polypropylene plant

Disposables

Premium

Plastic-free absorbent pads for fruit sector

Business

Light

Chemical giant rejects BASF bid

Hygiene

Premium

Drylock advances compostable diaper development

Events, Innovation

Premium

Advertisement

Lycra exits Chapter 11 with leaner balance sheet

Join our community

Recommended

Most Popular

Latest Magazine

Features

Nonwovens News talks to Murat Dogru about the upcoming OUTLOOK conference

New line concepts and digital tools are helping nonwovens producers boost output, cut waste and ease labour pressures

New research is exploring the benefits of using PCM impregnated nonwovens for use in composite reinforcements for the construction sector

News

Lenzing to prioritise nonwovens as fibre business reshaped

Turkish yarn manufacturer to enter nonwovens market

Shaping the future of filtration at Filtrex

Other publications from MCL News & Media

Download the app

Find us on social media

Subscriptions

Site

Support

Legal and privacy

Advertising With Us

Advertising
With Us