Lenzing received several prizes at the Corona awards
Lenzing was awarded for the introduction of the blockchain technology for fibre identification as well as its achievements as a leading company and significant economic engine in the region.
Lenzing AG won the “Digital Corona” in Gold. The coveted business prize was awarded for the first time in this category. It is awarded to companies that have dynamically advanced the digitization of business processes, products, services and business models in recent years. At the premiere, Lenzing was delighted to receive the first prize for the introduction of the blockchain technology for fibre identification along the textile value chain.
“Consumers increasingly want to understand the ingredients and suppliers of the products they buy, requesting a new level of transparency and traceability. With the introduction of blockchain technology, Lenzing is pursuing the ambitious goal of creating full transparency across the value chain, driving change in an industry where less than five percent of the top 250 apparel brands can track their garments back to the fibre origin”, Stefan Doboczky, CEO of the Lenzing Group, says. Lenzing enables its customers and partners to identify TENCEL ™ branded fibres across each production and distribution step from fibre-to-retail. The technology also allows consumers to verify the garment composition and the underlying textile supply chain at the point of sale, simply by scanning the barcode with a mobile device. As a result, Lenzing also directly supports the business with its very sustainably produced TENCEL™ Lyocell fibres.
With LENZING™ ECOVERO™ branded fibres Lenzing was the frontrunner in physical traceability and is now entering the age of digital traceability. After joining the platform of the technology company TextileGenesis™ earlier this year, Lenzing presented the first pilot at this year’s Fashion Summit in Hong Kong. This pioneering pilot project was conducted in close cooperation with TextileGenesis™, WWF and Hong Kong based brand Chicks. This was a significant milestone in the introduction of blockchain technology. Over the coming months, Lenzing is carrying out further pilot tests involving partners along the entire value chain and expects the platform to be fully operational as of 2020.
Strong signal for industrial location Upper Austria
In addition, Lenzing received Bronze for the “Standort-Corona” for its achievements as a leading Upper Austrian company and major economic engine in the region. With its continuously high investment activity at the Lenzing site, the company is constantly contributing to the strengthening of the economic area. In 2019, Lenzing successfully completed its expansion and modernization drive at the pulp plant at the Lenzing site, increasing production capacity to 320000 tons per year. As part of its ambitious climate goals, Lenzing also decided to invest EUR 40 mn to expand the production of the raw material sulfuric acid at the Lenzing site. This comprises an important milestone on the path towards climate neutrality. In the future, a new air purification and sulfur recovery plant will not only optimize the company’s self-sufficiency for this raw material and enhance process reliability but improve environmental protection within the context of a clear forward-looking strategy.
With approx. 3100 employees (as at 30.06.2019) at the Lenzing site, including more than 130 apprentices, the Lenzing Group is one of the leading companies in the industrial location of Upper Austria and, as such, also an important employer and driver of growth and innovation. The research and development activities are bundled in the central area “Global Research & Development” at the Lenzing site; at the end of June 2019, approx. 200 employees were involved in the field of new and further development of technologies, processes, products and applications in the field of wood-based cellulosic fibres.
State Forty Eight wins 2019 Spirit of Enterprise Award
Co-founder Michael Spangenberg to speak at luncheon presented by the W. P. Carey School of Business at Arizona State University
State Forty Eight, the apparel line that offers gear for those proud to represent the state of Arizona, has been named the winner of the 2019 Spirit of Enterprise Award for its innovation and growth, as well as its ethics and positive impact on Arizona’s economy. State Forty Eight is known for redefining the status-quo and inspiring others to rise up and stand for what they believe in.
Co-founder Michael Spangenberg will accept the 2019 Spirit of Enterprise Award on Wednesday, Nov. 13. Spirit of Enterprise is part of the Economic Club of Phoenix (ECP) luncheon series, presented by Arizona State University’s W. P. Carey School of Business.
Now in its 23rd year, Spirit of Enterprise honours Arizona’s best companies and entrepreneurs for creating jobs, boosting the economy, and delivering great customer service.
“Spirit of Enterprise has been a foundational event for over 20 years,” says W. P. Carey School of Business Dean Amy Hillman. “It’s always wonderful to recognize a local business that’s leading change, so I’m eager to honour State Forty Eight for its incredible success since debuting only six years ago, and to hear more about the company’s journey from Michael Spangenberg.”
About the speaker:
A native Arizonan, Michael Spangenberg co-founded State Forty Eight with Stephen and Nicholas Polando out of a shared passion and appreciation for the great state of Arizona.
“To receive the Spirit of Enterprise Award is such an honor. State Forty Eight is committed to making a difference in our community by spreading love and positivity through Arizona-inspired products. Our values align with this accomplishment, and I am grateful to accept this on behalf of State Forty Eight,” said Spangenberg.
Headquartered in Chandler, Arizona, State Forty Eight is in its third year of partnership with the Arizona Diamondbacks, outfitting the in-game entertainment crew, the Rally-backs, as well as selling the clothing brand in the team shop. It also sells apparel at its second brick-and-mortar location at The Churchill, an open-air court featuring nine other small local businesses. Twelve Arizona retailers carry State Forty Eight apparel, including the Phoenix Suns team shop.
A pivotal event in the annual ECP calendar, the Spirit of Enterprise Award luncheon will be held Wednesday, Nov. 13, from 11:30 a.m. to 1:30 p.m., at the Camelback Golf Club.
The W. P. Carey School of Business at Arizona State University is one of the top-ranked business schools in the United States. The school is internationally regarded for its research productivity and its distinguished faculty members, including a Nobel Prize winner. Students come from more than 100 countries, and W. P. Carey is represented by alumni in more than 160 countries. www.wpcarey.asu.edu
Founded in 2013 by local entrepreneurs, Michael Spangenberg and Stephen and Nicholas Polando, State Forty Eight was born out of a shared passion and appreciation for the great state of Arizona. More than just an apparel line, State Forty Eight represents a lifestyle, a sense of community, and is an expression of pride.
From sports fans and outdoor explorers to the more fashion-forward, the homegrown brand offers gear for all that’s both stylish and comfortable. Above all else though, State Forty Eight is about redefining the status-quo and inspiring others to rise up and stand for something they believe in, and the logo serves as a reminder to proclaim your passions but never forget where you came from.” Learn more at www.statefortyeight.com