Lenzing raising prices

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.

Increases of at least 5 percent -- depending on the fiber type -- are expected, according to the company. The increases will take effect Oct. 1 and will apply to fibers used for both textiles and nonwoven applications.

“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.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!