Industrial Textilesworld trade 2024+2.0% 5Y CAGR
Lenzing plans to invest over €1 billion to expand Lyocell fiber production
Lenzing plans to invest more than €1 billion to expand Lyocell fiber production, starting with a €400 million plant in Thailand expected to produce 100,000 tons annually by end of 2021.
Value
$440.0M (400.0M EUR)
Capacity
100,000 tons per year
ProductsLyocell fibers
“Lenzing said the plant has been approved for construction and construction will begin this fall at the Industrial Park 304 industrial park in Prachinburi.”haythink.com
- 1 source
- haythink.comGlobal Textile Industry And Nonwovens Cellulose Fiber Manufacturer Lenzing Plans To Invest More Than 1 Billion Euros To Expand Lyocell Fiber Production - Global Leading Information Platform For Advanced Materials And TechnologiesJan 15, 2024
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