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  Corporate news transmitted by euro adhoc with the aim of a Europe-wide 
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Strategic Management Decisions 
 
 - 
 
* Another milestone on the path to targeted reduction of wastewater emissions 
* All production facilities operate in line with the Lenzing Group's high 
  standards 
* Full utilization of production capacity possible at the site 
* New EU environmental requirements will be fully and promptly satisfied 
  starting in 2024 
 
Lenzing - The Lenzing Group, a world-leading provider of wood-based specialty 
fibers for the textile and nonwoven industries, is investing GBP 20 mn (equal to 
EUR 23.3 mn) to build a new, state-of-the-art wastewater treatment plant at its 
site in Grimsby, United Kingdom. The investment is part of the company's plans 
to reduce wastewater emissions by 2022. 
 
Once it has implemented this project, Lenzing will have biological wastewater 
treatment plants that meet the best available techniques (BAT) quality standard 
at all its production sites. The plant design, which will employ a new 
technology developed as part of a research project, is fully aligned with the UK 
regulator and supported by the local authorities. "This is a huge step forward 
in delivering the overall Lenzing strategic goals and a milestone in our long- 
term plan to give the Grimsby site a solid platform for sustainable growth", 
says Phil Munson, Director Operations Lyocell Grimsby at Lenzing. 
 
The site's current wastewater situation complies fully with the EU Water 
Framework Directive as well as all local laws and regulations. The investment 
has been approved by the Supervisory Board, ensuring that construction can start 
this year and the plant will be commissioned well before the UK-ratified EU 
directive[1] [#_ftn1] goes into effect. This will be the largest investment 
since opening this lyocell site, which manufactures premium products for 
technical and innovative market segments, among other things. 
 
Zwtl.: Responsible water use 
 
After modernizing the wastewater treatment plant at the company's Purwakarta 
site in Indonesia, the construction of the new plant in Grimsby marks another 
big step toward reducing the Group's wastewater emissions 20 percent by 2022 
(against a 2014 baseline). Responsible water use is one of the core elements of 
Lenzing's "Naturally positive" sustainability strategy and is largely executed 
by using water efficiently in manufacturing and employing state-of-the-art water 
treatment technologies. 
 
"Lenzing has set itself concrete sustainability targets for the most important 
challenges in every one of its strategic core areas, and we are pursuing them in 
a very disciplined fashion", says Stefan Doboczky, Chief Executive Officer of 
the Lenzing Group. "Lenzing has demonstrated quite impressively with this 
project that financial performance and corporate citizenship are not mutually 
exclusive but unlock synergies instead." 
 
Photo download [https://mediadb.lenzing.com/pinaccess/ 
showpin.do?pinCode=qETMx3I1M5G3] 
PIN: qETMx3I1M5G3 
 
[1] [#_ftnref1] Best Available Techniques (BAT) Reference Document for Waste 
treatment Industrial Emissions Directive 2010/75/EU (Integrated Pollution 
Prevention and Control) 
 
 
 
Further inquiry note: 
Dominic Köfner 
Vice President Corporate Communications & Public Affairs 
Lenzing AG 
Phone: +43 7672 701 2743 
E-mail: media@lenzing.com 
 
end of announcement                         euro adhoc 
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(END) Dow Jones Newswires

July 26, 2021 02:30 ET (06:30 GMT)