Lenzing Plastics

Company

Lenzing Plastics is a leading global manufacturer of products made from thermoplastic materials and fluoropolymers based in Lenzing in Upper Austria. With sales of around €120 million in 2017, Lenzing Plastics is one of the world's leading manufacturers of products made from polyolefins and fluoropolymers with a core competence in monoaxial stretching of polymers. In thermoplastic production, Lenzing Plastics produces films, tapes and yarns, fabrics and laminates with high strengths. The extensive expertise in the PTFE sector enables the company to develop and manufacture high-quality special products. Lenzing Plastics solutions are used in construction & insulation, medicine & hygiene, packaging, cable industry, automotive and technical textiles.

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Market & Drivers

The extensive expertise in the thermoplastic and PTFE segments enables the company to develop and manufacture high-quality specialty products. Lenzing Plastics solutions are used in the areas of construction & insulation, medicine & hygiene, packaging, cable industry, automotive and technical textiles. Lenzing Plastics always strives for technological leadership in the global market and uses new trends at an early stage to do so.

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NORD Holdings Contribution

In addition to Invest AG (Vienna), NORD Holding became a shareholder of Lenzing Plastics in 2015 after the company was spun off from Lenzing AG in 2013. In 2018, it was sold to a consortium led by Invest AG and the Upper Austrian holding company.