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Strong demand for Lenzing textile products reflects good market situation

30 Nov '06
3 min read

Accordingly, the product mix has recently been shifted even further towards specialty products with strong margins. The technical textile fibers sector developed very well, too.

Sector nonwovens showed first signs of recovery. The price adaptations in this sector, however, were largely absorbed by the strong increase in pulp prices. The sales development of Lyocell-based nonwovens continued to be positive.

Outlook continues to be favorable
The further development of business year 2006 and the first months of 2007 are expected to be characterized by a continued good market environment and strong demand for Lenzing fiber products. Even if energy prices consolidate on a high level, further price increases for important raw materials such as wood, pulp and caustic soda cannot be excluded.

Chairman Thomas Fahnemann: "From today's perspective, a gratifying annual result, possibly in line with that of record year 2004, can be expected. This, however, depends on the development of raw material prices in the fourth quarter."

Lenzing Group

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