Lenzing raising prices
September 6, 2005,
LENZING, Austria -- The Lenzing Group, a producer of man-made cellulose fibers, plans to increase the prices of its fibers beginning in the fourth quarter.
“The Lenzing Group is taking this action in order to compensate for the considerable increase in raw-material and energy prices which have been severely impacting the fiber business for many months and have recently become more pronounced,” the company stated.
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