Lenzing AG Supports EU's Clean Industrial Deal

Lenzing AG, a prominent supplier of regenerated cellulose fibers, has expressed support for the European Commission’s Clean Industrial Deal. This initiative aims for a sustainable, climate-neutral, and competitive industrial future in Europe. The announcement came following a high-level meeting with 400 business leaders and Commission President Ursula von der Leyen in Antwerp.

Rohit Aggarwal, CEO of Lenzing Group, emphasized the need for urgent collective action to maintain Europe's green leadership. The focus is on decarbonization, expanding green technology, and improving industrial competitiveness. Access to affordable clean energy remains crucial for the industry’s global position.

Despite the support, European industries face challenges like declining demand and high gas prices. The Antwerp Declaration calls for revitalization, urging policymakers to execute decisive actions that sustain Europe's industrial landscape.