Duratex

Xylem announced it will deliver a Wedeco ozone plant for the new LD Celulose pulp mill in Brazil, a joint venture between Lenzing and Duratex. The mill will have capacity of 500,000 tons of dissolving wood pulp per year and represents a $1.3 billion investment.

Valmet will deliver key process islands including a fiber line, pulp drying line, evaporation plant, white liquor plant, and automation system for LD Celulose's new 500,000 ton/year dissolving pulp mill in Minas Gerais, Brazil.

Lenzing Group and Duratex will jointly build a 500,000-ton dissolving wood-pulp plant in Minas Gerais, Brazil, with startup planned for the first half of 2022. The joint venture is 51% owned by Lenzing and 49% by Duratex, with an expected industrial CAPEX of approximately $1.3 billion.

Lenzing and Duratex have formed a joint venture to build a 500,000-ton dissolving wood pulp plant in Brazil.

Duratex announced an agreement to acquire ceramic tile manufacturer Cecrisa for up to R$ 539 million, with R$ 264 million in cash and up to R$ 275 million contingent on future conditions. Cecrisa has three factories in Brazil.