Brief: Lenzing Acquires Biomass Power Plant To Supply Burgenland Lyocell Plant

Lenzing AG

27/04/2023 09:18

April 27 (Reuters) - LENZING AG  LENV.VI :
    * LENZING ACQUIRES BIOMASS POWER PLANT TO SUPPLY BURGENLAND
LYOCELL PLANT
    * STRATEGIC INVESTMENT IN ENERGY INDEPENDENCE, SITE SECURITY
AND
CO 2  REDUCTION
    * STRENGTHENING ECO-FRIENDLY SPECIALTY FIBER PORTFOLIO
    * LENZING SPEEDS UP ENERGY TRANSITION AT ITS SITE IN
HEILIGENKREUZ
    * EXECUTION OF TRANSACTION IS IN PARTICULAR SUBJECT TO
REGULATORY
APPROVALS AND IS EXPECTED IN Q2 OF 2023

Source text for Eikon:  ID:nEQc6RH4Ba 
Further company coverage:  LENV.VI 

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