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Published on Tuesday, 11 October 2016

Lenzing announced €100m investment programme

Written by Brett Mathews

LENZING – The upward momentum of speciality fibres business Lenzing was in further evidence this week as the company announced a 100m investment program, approximately 60m of it in Lenzing and almost 40m in Paskov. Lenzing CEO Stefan Doboczky said additional new capacities of around 35,000 tons will be added over the next two and a half years. The announcement follows on the back of Lenzing's recent launch of a new generation of Tencel fibres which will use cotton fabric waste as a key raw material, while a new generation of fully traceable viscose is also pencilled in for 2017.


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