EANS-News: Lenzing AG / Austria's Leading Companies (ALC): Lenzing AG Once Again Tops Upper Austrian Ranking

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Company Information

Lenzing (euro adhoc) - For the 14th time the business daily
WirtschaftsBlatt set out to identify the most successful companies in
Austria together with the credit reference agency KSV1870 and PwC.
The Austrian Leading Companies Award focuses on the solid performance
of a firm over a period of years, and not just short-term performance
indicators. The current analysis took account of business results
over the years 2009 to 2011, but also attached great importance to
how the companies dealt with the issue of sustainability. Lenzing AG
once again convinced the jury in Upper Austria and won in the
category Big Player for the second straight year.

For years the Lenzing Group has achieved good results and has
operated extremely successfully. Demand for cellulose fibers from the
renewable raw material wood continues to be intact. The global
megatrends of population growth (especially in the emerging markets)
and the growing awareness of the advantages of ecological products
are the driving forces for the ongoing increase in the Lenzing
Group's fibers sales. Lenzing has taken this development into account
by implementing an ambitious expansion program at all its global
production sites, involving investments of EUR 1.6 bn between 2011 to
2015.

A total of more than EUR 350 mn alone will be invested in the coming
years at the Lenzing site in Upper Austria, headquarter of the
Lenzing Group. A visible sign clearly in view is one of the biggest
industrial construction sites in Austria located at the Lenzing
facility, where a highly modern plant for producing the high-tech
fiber TENCEL® is being built and which will provide jobs to 110 new
employees starting in 2014.

Further inquiry note:
Lenzing AG
Mag. Angelika Guldt
Tel.: +43 (0) 7672-701-2713
Fax: +43 (0) 7672-918-2713
mailto:a.guldt@lenzing.com

end of announcement euro adhoc
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company: Lenzing AG

A-A-4860 Lenzing
phone: +43 7672-701-0
FAX: +43 7672-96301
mail: a.guldt@lenzing.com
WWW: http://www.lenzing.com
sector: Chemicals
ISIN: AT0000644505
indexes: WBI, ATX, Prime Market
stockmarkets: free trade: Berlin, official market: Wien
language: English