by HFT | Aug 31, 2026 | Business & Policy
Lenzing AG’s Extraordinary General Meeting, held on August 25, 2026, approved a capital increase through cash contributions while preserving shareholders’ statutory subscription rights. The measure is designed to strengthen the company’s financial structure and...
by HFT | Jul 13, 2026 | Market report
The global modern fabric market is projected to grow from US$588.0 billion in 2025 to US$1,104.5 billion by 2033, registering a CAGR of 8.2% between 2026 and 2033, according to a new market report. The market was valued at US$16.6 billion in 2024. Growth is being...
by HFT | Jun 19, 2026 | Sustainability & Environment
Growing Demand for Sustainable Textiles Drives Market Expansion Worldwide The global carbon-neutral textile market is projected to witness significant growth over the coming years, driven by rising environmental awareness, stricter sustainability regulations, and...
by HFT | Jun 1, 2026 | Textile Industry News
Lenzing AG has announced the appointment of Georg Kasperkovitz as Chief Executive Officer (CEO), effective June 1, 2026. The decision was made by the Supervisory Board of the company. Kasperkovitz, who currently serves as Member of the Management Board and Chief...