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Published on Tuesday, 13 December 2016

Lenzing to invest €275m in US Tencel plant

Written by John Mowbray

LENZING – Austrian speciality fibres business Lenzing says it plans to invest 275m in a Tencel fibre production plant in the USA as part of its plans to boost the share of specialty fibres as a percentage of company revenues to 50 per cent by 2020. The move follows closely on the back of previous expansion plans for Lenzing, Heiligenkreuz (Austria) and Grimsby (UK).


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