Lenzing AG / Lenzing invests in new TENCEL® fiber plant in the USA

Press Wire ♦ Published: December 13, 2016; 08:59 ♦ (Vindobona)

The Lenzing Group aims to increase the share of specialty fibers as a percentage of revenue to 50 percent by 2020. Following the previously announced expansion plans for Lenzing, Heiligenkreuz (Austria) and Grimsby (Great Britain), the Supervisory Board of Lenzing AG approved yesterday the investment for a TENCEL® fiber plant in the USA.

Lenzing AG / Lenzing invests in new TENCEL® fiber plant in the USA / Picture: © Vindobona.org

 

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