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Lenzing Hikes Rayon Fibers Capacity in China, Mulls Production in India; Switching Production in Austria

6:12 AM MDT | March 29, 2010 | Natasha Alperowicz

Lenzing will more than double production of cellulosic fibers, to 140,000 m.t./year at its Nanjing, China site at a cost of €55 million ($74.4 million). Completion is planned within 18 months-2 years. The company will at the same time switch production of standard rayon fibers to modal fibers at its Lenzing, Austria site at a cost of €23 million. Completion of this project is planned in the next 15 months.  The program complements an expansion launched in December 2009 and costing a total of €120 million. The expansion in China, and the...

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