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Lenzing's New 400 Million Factory Strengthens Thailand's Status as Regional Bio-Green-Circular Hub, BOI Says

BANGKOK, Aug. 31, 2022 /PRNewswire/ The recent start of operations at European textile giant Lenzing's recent opening of the world's largest production plant for the eco-friendly fiber lyocell exemplifies Thailand's status as a hub for green and sustainable investments, according to an article published on the Thailand Board of Investment (BOI) website. Like numerous other foreign investors, Lenzing in part chose the Kingdom for its strategic location and connectivity at the heart of Asia. But the Austrian multinational with operations on four continents also decided to build its euro 400 million factory there because of Thailand's commitment to sustainable growth through a model known as the Bio-Circular-Green Economy, or BCG, the article said. Thailand has become a land of sustainability for environment-conscious businesses. In 2021, foreign and local investors committed to 149.5 billion baht ($4.2 billion) worth of BCG-related investments in Thailand - more than do ....

Basse Normandie , Prachin Buri , Krung Thep Mahanakhon , Janekrishna Kanatharana , Ismail Abdullah , Kosin Virapornsawan , Indorama Ventures Public Company Limited , Technology Development Agency , Ellen Macarthur Foundation , National Science , Thailand Board , Bio Circular Green Economy , Total Corbion , Eastern Economic Corridor , Lenzing Vice President , Senior Project Director Ismail Abdullah , Bangkok Based Plantoys , Plantoys Managing Director Kosin Virapornsawan , Executive Vice President , Think Asia , Aug 31 , 022 Prnewswire The Recent Start Of Operations At European Textile Giant Lenzing 39s Opening World Largest Production Plant For Eco Friendly Fiber Lyocell Exemplifies Thailand Status Asa Hub Green And Sustainable Investments , Ccording To An Article Published On The Thailand Board Of Investment Boi Website Like Numerous Other Foreign Investors , Enzing In Part Chose The Kingdom For Its Strategic Location And Connectivity At Heart Of Asia But Austrian Multinational With Operations On Four Continents Also Decided To Build Euro 400 Million Factory There Because Thailand 39s Commitment Sustainable Growth Througha Model Known As Bio Circular Green Economy , R Bcg , He Article Said Thailand Has Becomea Land Of Sustainability For Environment Conscious Businesses In 2021 ,