# 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.

- Type: Expansion
- Announced: 2024-01-15
- Where: Prachinburi, Thailand, Thailand
- Value: $440.0M (400.0M EUR)
- Starts operating: 2021
- Status: announced
- Capacity: 100,000 tons per year
- Products: Lyocell fibers
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Lenzing AG](https://endata.com/companies/20683.md)

## Sources

- [haythink.com](https://www.haythink.com/global-textile-industry-and-nonwovens-cellulose-fiber-manufacturer-lenzing-plans-to-invest-more-than-1-billion-euros-to-expand-lyocell-fiber-production/), 2024-01-15: "Lenzing said the plant has been approved for construction and construction will begin this fall at the Industrial Park 304 industrial park in Prachinburi."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.