Lenzing AG / AT0000644505
06.11.2023 - 08:58:30Lenzing and Södra win ITMF Award for their pioneering cooperation in textile recycling
| Lenzing AG / Key word(s): Sustainability/Alliance 06.11.2023 / 08:58 CET/CEST The issuer is solely responsible for the content of this announcement. The ITMF Award 2023 is given by the International Textile Manufacturers Federation (ITMF) to recognize outstanding achievements and merits in the textile sector in two categories: ”Sustainability & Innovation“ and ”International Cooperation“. Since 2021, the two pioneers have been joining forces in textile recycling, making a decisive contribution to promoting the circular economy in the fashion industry. As part of the cooperation, the companies intend to share their knowledge with each other and jointly develop processes to enable the wider use of cellulose-based used textiles on a commercial scale. “We are very proud to have won this prestigious award together with our partner Södra. I see this as recognition for our joint work, but also as a mandate to continue working on our vision of creating a circular economy for textiles and reducing the negative impact of the textile industry on the environment,” says Stephan Sielaff, CEO of the Lenzing Group. The OnceMore® pulp from Södra, which was jointly developed further by Södra and Lenzing, is subsequently used, among other things, as a raw material for the production of Lenzing fibers with REFIBRA™ technology. The OnceMore® process makes it possible to process and recycle a blend of cotton and polyester. “This award is proof of our successful collaboration with Lenzing and our shared ability to develop innovative solutions for a more sustainable future. We look forward to further advancing our collaboration and bringing about real change in the textile industry,” said Lotta Lyrå, President and CEO of Södra. ITMF paid particular tribute to the joint LIFE TREATS project (Textile Recycling in Europe AT Scale)[1],which was supported by an EU grant of EUR 10m under the LIFE 2022[2] program and aims to build a large-scale plant at Södra's Mörrum site in Sweden. “The unique across-the-border and long-term cooperation between Lenzing and Södra is a true role model and important for the circular economy transition in the textile industry. A goal that can only be reached by extensive cooperation among the value chain actors,” says Christian Schindler, ITMF Director General. For more information on the ITMF Awards 2023, visit the ITMF website. Photo download: https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=NkfgywunUOQc PIN: NkfgywunUOQc
About Södra Södra was founded in 1938 on the idea that we are stronger together. We are now the largest forest-owner association in Sweden, with 51,000 family forest owners as members. Together, Södra’s members own a world-leading industry that processes forest raw material into renewable products such as pulp, timber, building systems, liquid bioproducts and energy. Rooted in the forest, we grow the future. Disclaimer LIFE22-ENV-SE-TREATS – 101113614 is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or CINEA. Neither the European Union nor the granting authority can be held responsible for them. [1] Project 101113614 — LIFE22-ENV-SE-TREATS [2] https://cinea.ec.europa.eu/programmes/life_en 06.11.2023 CET/CEST This Corporate News was distributed by EQS Group AG. www.eqs.com |
| Language: | English |
| Company: | Lenzing AG |
| 4860 Lenzing | |
| Austria | |
| Phone: | +43 7672-701-0 |
| Fax: | +43 7672-96301 |
| E-mail: | office@lenzing.com |
| Internet: | www.lenzing.com |
| ISIN: | AT0000644505 |
| Indices: | ATX |
| Listed: | Vienna Stock Exchange (Official Market) |
| EQS News ID: | 1765273 |
| End of News | EQS News Service |
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