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Lenzing’s 2020 Capex Spending Paves the Way for ‘Zero-Carbon Future’

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After posting a net loss and revenue decline in 2020, Lenzing said its operating results are poised to return to pre-crisis 2019 levels this year. In a Nutshell: The Lenzing Group said Thursday that it responded to the “extremely difficult market environment” due to the coronavirus crisis in 2020 by implementing a broad package of…

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