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Published on Friday, 21 March 2014

Lenzing revenues hit by low fibre prices

Written by John Mowbray

Lenzing, AustriaAUSTRIA – High cotton inventories, high cotton production and surplus capacities in China for man-made cellulose fibres means that Lenzing – maker of Tencel – sees a continued squeeze on its textile fibre prices. Sales revenues at the company fell by 8.7 per cent in 2013 to €1.91bn.


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