The development of Tencel fibre by Courtaulds from the 1979 Genesis project through Courtaulds exodus from fibres and the 2004 Lenzing take-over.
Tuesday, November 20, 2012
Courtaulds eyes a controlling stake in Lenzing (1995)
This clip from European Chemical News, 4th September 1995 is the first to surface suggesting that Courtaulds might be interested in taking control of Lenzing. I seem to remember this was viewed as likely to create a monopoly in lyocell technology and tampon fibre and was frowned on by the authorities. (Clearly something changed between 1995 and 2004 when the monopoly was created in the reverse direction.)
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