Lenzing Invests in Viscose Fiber

Lenzing Group says it will invest €106 million to expand capacity of viscose fiber by about 41%, to 220,000 m.t./year, at Purwakarta, Indonesia. Lenzing also plans to invest €45 million to boost capacity of viscose fiber at Lenzing, Austria by 6%, to 250,000 m.t./year. “The demand for Lenzing’s fibers, particularly in Asia, has recently been very positive,” says Thomas Fahnemann, chairman of Lenzing’s management board. “In this medium term, we view the continuing economic growth of the region, the rise in prosperity, and...

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