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Issue: July 2009, page: 12
Lenzing forced to hike fibre prices
The Lenzing Group, a leading global producer of manmade cellulose fibres, has raised its prices with effect from the end of May 2009. The company, which is based in Austria, says this measure was unavoidable because fibre prices are currently low and costs for raw materials are climbing. The price increase will affect the whole portfolio, textile as well as nonwoven fibres. The increase varies depending on the fibre type, but is at least 7%.