The Lenzing group has invested a whooping EUR 100 million in sustainable manufacturing technologies and production facilities until 2022, in an attempt at raising the bar in non-woven and sustainable technology sphere.
Majority of the funding will be focused on closed loop production facilities for the extension of the sulphur recovery systems. An additional space of investment will be improvising the effluent treatment units.
Another proposition of Lenzing’s agenda is the upgradation of its energy usage in order to reduce its gas emissions by developing more sustainable solution.
These investments emphasize on Lenzing’s obligation to the United Nations Sustainable Development Goals (SDG), a world-wide label that motivates organizations for a sustainable economy that protects the planet and ensures prosperity and well-being for all people. These SDG’s are the guiding principle for the companies when the sustainability agendas are accounted for, for instance SDG 12 is the most significant one for the company which accounts for Responsible production and consumption.
Lenzing produces wood-based viscose fibers, modal fibers, Lyocell fibers and filament yarns that are used in the textile industry. These are functional in garments, home textiles and technical textiles and in the non-woven industry. These industries face elementary challenges related to sustainability. With the recent, Refibra technology, Lenzing is innovating to sustain a additional circular, bio-based economy, causative in particular to SDG 12.
The compliant approach by The Lenzing group is a milestone in itself. It spreads the message to other capable firms to lead the path and encourage other global leaders to invest in eco – friendly options.