The Lenzing Group, a world-leading provider of wood-based specialty fibers, is expanding its global clean electricity portfolio by gradually transitioning to green energy at its production site in Nanjing. This will enable its Chinese subsidiary Lenzing Nanjing Fibers to use electricity derived solely from renewable sources from 2023 onwards and reduce the site’s carbon emissions by 100,000 tonnes annually. Lenzing recently announced the transition to green electricity at its Indonesian production facility.
Environmental and economic benefits of using renewable energy include: Generating energy that produces no greenhouse gas emissions from fossil fuels and reduces some types of air pollution. Man-made climate change is one of the most pressing problems of our time. The fashion industry negatively impacts the environment due to its fast fashion business model and the growing consumption of fossil resources in textile production. Lenzing’s sustainably produced specialty fibers under the TENCEL™ brand help its customers, especially brands and retailers, immensely reduce their global footprint.
Specialty fibers are Lenzing’s key strength. The company aims to generate more than 75 percent of its fiber revenue from the wood-based, biodegradable specialty fibers business under the TENCEL™, LENZING™, ECOVERO™, and VEOCEL™ brands by 2024. With the launch of the lyocell plant in Thailand in March 2022 and the investments in existing production sites in China and Indonesia, the share of specialty fibers in Lenzing’s fiber revenue is set to exceed the 75 percent target by a significant margin as early as 2023.
