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Lenzing Group to raise the fiber prices during Q4
26
Aug '08
Against the background of continued high energy, raw material and chemical costs Lenzing Group sees itself forced to raise the fiber prices in the fourth quarter of 2008.

The price increases affect the whole range of fibers and will average between 7% and 10% depending on the different types of fibers.

With the already low fiber prices, the exorbitant costs on the energy, raw material and chemical side cannot be bolstered anymore. For this reason, an increase in fiber prices in the fourth quarter of 2008 is inevitable.

The Lenzing Group is an international group of companies with its headquarters in Austria, production sites in all major markets and a global network of sales and marketing offices. Lenzing provides the global textile and nonwovens industry with highquality cellulose fibers.

The company is the leading supplier in many business-to-business markets – from special cellulose fibers to high-tech plastics polymers.

Lenzing Group

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