02 July 2012 17:17 [Source: ICIS news]
LONDON (ICIS)--Lenzing has started construction on a 67,000 tonne/year specialty fibre production facility in ?xml:namespace>
Lenzing said it will invest approximately €130m ($165m) in the new facility in Upper Austria, making it one of the largest individual industrial investments in
It added that the facility will manufacture the company’s specialty fibre Tencel with construction taking an estimated 24 months. Lenzing said the project will be accompanied by considerable infrastructure investments.
Once operational, the facility will generate 110 additional highly qualified jobs, the company said.
“With the Tencel plant the fibre technology of the future and the latest generation of man-made cellulose fibres is returning to our corporate headquarters in Lenzing,” said Chief Operating Officer for Lenzing’s fibre business Friedrich Weninger.
Tencel fibres are used in the textile industry and for nonwovens.
($1 = €0.79)
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