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  • Lenzing to use blockchain tech to trace fibres
    Mon 27, 2019
  • The Lenzing Group is strengthening its position in sustainability in the textile industry.  Lenzing, which is the world market leader in specialty fibres made from renewable material wood, will use blockchain technology to support its Tencel branded fibre business ensuring complete transparency and traceability for brands and consumers of its fibres in finished garment.
    After evaluating various initiatives Lenzing decided to join the platform of the Hong Kong based technology company TextileGenesis to accomplish its ambition of digital traceability of fibres. Lenzing will carry out several pilot tests over the next few months involving partners along the entire value chain and expects the platform to be fully operational as of 2020.