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Austrian specialty fibre group Lenzing to invest €200 mn in Asia


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Pic: Lenzing Group
Lenzing Group, the leading global supplier of specialty fibres, will invest over €200 million in its production sites in Indonesia and China to convert existing standard viscose capacity into environmentally responsible specialty fibres. These investments are in line with its target to reduce its GHG emissions per ton of product by 50 per cent by 2030.
 
In Nanjing (China) Lenzing will establish the first wood-based fibre complex in China that is independent from coal as an energy source. By using natural gas based cogeneration, Lenzing will reduce CO2 emissions at the site by more than 200,000 tons. At the same time a line of standard viscose will be converted to a 35.000 tons Tencel branded modal fibres line making Lenzing (Nanjing) Fibers Co Ltd, a 100 per cent wood-based specialty fibre site by the end of 2022. ....

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