Lenzing Enlarges Capacities

IndustrialsIndustrial Goods ♦ Published: January 20, 2012; 18:29 ♦ (Vindobona)

The Austrian fiber company plans investments of € 130m. 110 new jobs will be created. Production starts in 2014.

Lenzing Enlarges Capacities / Picture: © Lenzing

Lenzing plans to build a new factory at its headquarters. In the new facilities, the chemical fiber lyocell will be produced, which is known under Lenzing´s brad “Tencel”. Currently, “Tencel” is produced at three factory sites of Lenzing, which is the market leader in that segment.

According to Lenzings management, this step is a “milestone for the company”. “The…