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Lenzing to invest €100 million in pulp production

12 Oct '16

2 min read

Lenzing, which supplies the global textile and nonwovens industry with high-quality, botanic cellulose fibre, ranging from dissolving pulp to standard and specialty cellulose fibres, is set to expand and modernise its dissolving wood pulp production at the sites in Lenzing/Austria and Paskov/Czech Republic, by investing €100 million in pulp production.

Lenzing will approximately invest €60 million in Lenzing and almost €40 million in Paskov. Additional new capacities of around 35,000 tons will be added over the next 2.5 years.

Lenzing's bio-refinery concept is based on using only certified wood from countries in Western and Central Europe. It is an essential part of Lenzing's mission to turn CO2 and sunlight into high value fibres, as it ensures that 100 per cent of the wood components are used to produce fibres, bio-chemicals, and bio-energy. This investment is also an essential part of Lenzing's quality strategy, as the high quality of our botanic fibres depends on the quality of the dissolving wood pulp.

Lenzing CEO Stefan Doboczky said, “With these investments, we are taking another step in the implementation of our new corporate strategy sCore TEN. We aim to increase our own dissolving wood pulp production from currently 56 per cent to 75 per cent of the group's requirements for the production of botanic cellulose fibres by the end of the decade. The modernisation will lead to more efficiency of our plants. The upgrade and expansion of our bio-refinery setup will underline Lenzing's leadership as the most sustainable fibre producer.” (GK)

Fibre2Fashion News Desk – India

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