11/02/2014 (Agence Europe) - EIB loan to Lenzig AG (Austria). Last week, the European Investment Bank (EIB) granted a loan of €100 million for the co-funding of research and development (R&D) work and investments made by Lenzing AG in the field of TENCEL® fibres. Amongst other things, Lenzig is implementing a multi-annual development programme focusing on developing new, high-quality TENCEL® products. TENCEL® fibres are used primarily in the textile industry, but also for non-woven materials and in technical applications. Lenzing is the only manufacturer in the world that has mastered the technology for producing this latest generation of cellulose fibres, which are particularly environmentally friendly, on a large industrial scale. (OL/transl.fl)