Lenzing has once again joined a group of companies which have been accepted for listing in the VONIX index (VBV Austrian Sustainability Index) for a period of one year. The company has been on the list for eight years already and has been given a good rating again this year.
Since 2005, around 60 publicly traded Austrian companies are analysed each year on the basis of approximately 100 environmental and social criteria. In the 2013-14 index year, the performance of the VÖNIX index was reflected in a 10.6 per cent gain in value, thus 3.6 percentage points lower than the ATX Prime.
A total of 22 stocks (alphabetically listed) will be included in the VONIX 2014-’15 index. The Lenzing Group is a market leader with headquarters in Austria, production sites in all major markets as well as a worldwide network of sales and marketing offices. It supplies the global textile and nonwovens industry with high-quality man-made cellulose fibers. The portfolio ranges from dissolving pulp, standard and specialty cellulose fibers to engineering services.
With 75 years of experience in fiber production, Lenzing combines the manufacturing of all three manmade cellulose fiber generations on a large industrial scale under one roof – from the classic viscose to modal and lyocell fibers.