Lenzing eyes nonwovens growth amid profitability lift

LENZING – Cellulosics specialist Lenzing says it plans to expand its hygiene and filtration portfolio as part of a restructuring of its global business.

Reporting improved third-quarter adjusted profitability for the first nine-months, despite standard volumes and restructuring costs weighing on revenue, Lenzing said the conversion would reduce its future exposure to lower-margin standard fibres.