All Stephan Sielaff articles
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ArticleLenzing suspends 2022 earning outlook over market deterioration
The Lenzing Group has announced that, because of “the drastic deterioration of the market environment in the current quarter,” it has suspended its guidance for the development of earnings in the 2022 financial year. The specialist fiber manufacturer specifically referred to “the extremely low visibility on the demand side and ...
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ArticleLenzing sees Austrian site at risk due to energy costs, politics and shortage of skilled workers
Stephan Sielaff, the CEO of fiber manufacturer Lenzing AG, sees Austria as an attractive production location - but also as a vulnerable one. “Gas prices are high in Austria, but not in China. If we can no longer cover our costs, at some point, it will be the end of ...
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News briefs
Changes in Lenzing's management board
(SGI) Lenzing, the producer of cellulosic fibers, is switching out one member of its management board and expanding it by one seat. On March 1, Stephan Sielaff, Lenzing’s new chief technology officer, will take the seat vacated late last year by Heiko Arnold, who has left the company. A chemical ...
