#Man-Made Fibers

2026-08-27

Lenzing shareholders approve €300 million capital increase

Shareholders of Lenzing AG have approved a capital increase of approximately €300 million, providing financial support for the company's recently announced "Grow Nonwovens, Reset Textiles" strategy.

The capital increase, approved at an Extraordinary General Meeting on August 25, will strengthen Lenzing's equity base and financial flexibility while supporting the implementation of its strategic realignment. The company plans to complete the transaction by February 25, 2027, with the final terms to be determined by the Management Board and Supervisory Board.

"The broad support from our shareholders demonstrates their confidence in our strategic realignment," said CEO Georg Kasperkovitz. "The capital increase strengthens our financial structure and is a key building block for implementing our 'Grow Nonwovens, Reset Textiles' strategy."

The Extraordinary General Meeting also elected Martin Seiter to the Supervisory Board, succeeding Franz Gasselsberger, who stepped down at his own request.

Lenzing announced its "Grow Nonwovens, Reset Textiles" strategy in July 2026 as part of a broader repositioning of the company. The strategy places greater emphasis on its nonwovens business while resetting its textiles operations to improve profitability and long-term competitiveness.

Lenzing reports improved half-year results and advances strategic transformation

Despite a persistently challenging market environment in the first half of 2026, characterized by volatile energy and raw material prices, subdued global consumer demand and intensified competition from Asia, the Lenzing Group significantly improved its financial performance. Net result after tax more than doubled to EUR 35.6 million, compared with EUR 15.2 million in the first half of 2025. Free cash flow increased to EUR 45.8 million, while EBITDA amounted to EUR 239.2 million. Revenue totaled EUR 1.27 billion, compared with EUR 1.34 billion in the previous year.

TENCEL™ Lyocell - HV100 achieves global denim availability in six months; Vol. 2 debuts at Kingpins Amsterdam

When TENCEL™ Lyocell - HV100 debuted at last year’s Kingpins Amsterdam in October, 17 mill partners across five countries presented fabrics featuring the new fiber. Just six months on, participation has more than doubled, evolving into a global network that spans nine countries and four continents, signaling both strong industry momentum and growing demand.

ITMA Asia 2026: How Barmag is reshaping the future of man-made fiber production

The textile industry is entering a groundbreaking era. Manufacturers face rising energy prices, growing sustainability demands, increasing labor shortages, and an unprecedented need for flexibility. For a globally active textile industry, where competitiveness is closely linked to production efficiency and cost leadership, this means that technology is no longer merely a means of improving operational processes – it is increasingly becoming a strategic differentiator.

Greater efficiency for tomorrow’s textile industry

From September 24 to 27, 2026, Barmag, together with BB Engineering (BBE), will present innovative solutions for the efficient and sustainable production of synthetic yarns at the Egy Stitch & Tex Expo in Cairo, Egypt. Under the motto “A New Era. Powered by Innovation.,” experts from Barmag and BBE will present technologies spanning the entire textile value chain — from melt to yarn — at the ATAG Ltd. booth (Hall 1, Booth C1).

The LYCRA Company expands its co-creation vision through an immersive Lifestyle District at Intertextile Shanghai.

The LYCRA Company, a global leader in fiber and technology solutions for the apparel industry, is reimagining the trade show experience at Intertextile Shanghai Apparel Fabrics Autumn Edition, which opened today in China. Building on the success of last year's ALL IN concept, the company has expanded its co-creation vision into a 356-square-meter Lifestyle District featuring partners Jingzili New Material, JYT Textile, Lianxingfa Knitting, and Trend Textile. The district is part of a larger 895-square-meter pavilion showcasing a total of 19 co-exhibitors. Together, they demonstrate how innovations in fiber, fabric, and garments can be combined to create compelling solutions for both work and play.

SHIMA SEIKI to showcase flat knitting and digital design solutions at Egypt Stitch & Tex

Leading Japanese computerized flat knitting technologist SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its sales representative in Egypt, TTS (EL MASRIA FOR TRADE & TECHNICAL SERVICES), will participate in the upcoming 24th International Exhibition for Textile & Carpet Machineries, Printing Technologies and Accessories (Egypt Stitch & Tex) to be held in Cairo, Egypt this month.

Coats Digital launches AI-powered GSD RealMotion for motion analysis

Coats Digital has launched GSD RealMotion, an AI-powered solution designed to provide apparel manufacturers with greater visibility into factory-floor operations. By analysing shop-floor video and applying Coats Digital’s GSD methodology, the solution turns video recordings into structured, motion-by-motion method studies.