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Fiber World

Lenzing Expands Production

Lenzing AG, Austria, is to expand its fiber and pulp production with a 90-million-euro investment. Viscose and modal fiber capacity is set to increase by 20,000 metric tons per year, to a total production of 200,000 metric tons by the end of 2003. After the expansion, pulp capacity will expand by 35,000 metric tons.There is a continuously strong demand for our fibers, especially for Modal, said Franz Raninger, Ph.D., member of the Board of Management. In order to fully utilize the potential for growth, the expansion of capacities is necessary, as well as economically highly attractive.In related company news, Lenzing has announced plans to build a second production line at its Lyocell plant in Heiligenkreuz. The investment will increase capacity to 40,000 metric tons at a cost of 35 million euros. The facility recently celebrated five years in operation.

September 2002