Lenzing AG / Lenzing Invests in Thailand

Press Wire ♦ Published: June 29, 2017; 08:25 ♦ (Vindobona)

The Lenzing Group aims to substantially increase its share of specialty fibers as a proportion of total revenue. Following the expansion drive already underway in Lenzing and Heiligenkreuz (both in Austria), Grimsby (Great Britain) and Mobile, Alabama (USA), the Supervisory Board of Lenzing AG approved the proposal of the Management Board yesterday to build the next state-of-the-art facility to produce lyocell fibers in Thailand.

Lenzing AG / Lenzing Invests in Thailand / Picture: © Vindobona.org

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Strategic Management Decisions/Company Information

Lenzing - Highlights

* Lenzing plans construction of a state-of-the-art lyocell fiber production
plant in Prachinburi (Thailand) by the end of 2020
*…

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ISIN
AT0000644505