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Lenzing Battles Cost Pressures for ‘Solid Start’ to 2022

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Boosted by high demand for its specialty fibers and higher prices, Lenzing Group’s first quarter revenue rose 25.7 percent to $648.91 million. In a Nutshell: The Lenzing Group said it was significantly affected by the extreme developments in global energy and commodity markets in the first quarter, as well as global supply chain constraints that…

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