Lenzing stock: EUR 27 million Mobile expansion announced
Published on 11/13/2026 at 18:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSInvestment sharpens nonwovens focus
- Lenzing is expanding specialty fiber capabilities at its Mobile, Alabama, production site.
- The Mobile project forms part of a EUR 50 million nonwovens investment program that also includes EUR 23 million for the Lenzing site in Austria.
- Management expects the expanded capabilities to support customized wood-based fiber solutions and closer customer cooperation.
Lenzing announced on Thursday, November 12, 2026, that it will invest EUR 27 million in its lyocell fiber production site in Mobile, Alabama. The project is designed to expand specialty fiber capabilities for nonwovens and strengthen the site's role in Lenzing's global Nonwovens business.
The company said the investment will increase production flexibility and support the development of customized, wood-based fiber solutions. The expansion includes capabilities for lyocell short-cut fibers and future specialty fiber applications.
Mobile project targets specialty fibers
According to Lenzing, the Mobile investment is part of the group's "Grow NW. Reset TX." strategy. Chief Executive Georg Kasperkovitz described nonwovens as a strategic growth area and said the project would strengthen Lenzing's presence in the Americas and globally.
Patricia A. Sargeant, Executive Vice President Global Nonwovens, said the expanded capabilities should support closer cooperation with customers and the development of differentiated solutions. Lenzing also links the project to replacing fossil-based fibers with wood-based alternatives in nonwoven products.
Broader investment program
The Mobile project is part of a EUR 50 million investment program for Lenzing's Nonwovens business. The program also includes EUR 23 million previously announced for expanding production capabilities at the company's site in Lenzing, Austria.
Lenzing stock traded at EUR 11.14 on Lang & Schwarz at 17:58 CET on Friday, November 13, 2026.
Lenzing company facts
- Company: Lenzing AG
- ISIN: AT0000644505
- WKN: 852927
- Ticker: LEN
- Lang & Schwarz quote: EUR 11.14 on November 13, 2026, at 17:58 CET
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