Lenzing solid in a historically difficult market environment-8

March 27, 2020

Expansion of specialty fiber capacities

In 2019, Lenzing also started the construction of a state-of-the-art lyocell production facility in Thailand.

 The investment for the new plant with a capacity of 100,000 tons amounts to roughly EUR 400 mn. Construction work started in the second half of 2019. The completion is scheduled for the end of 2021.

Lenzing aims to achieve stable and profitable growth and to improve the ecological footprint of the textile and nonwovens industry by expanding the production of specialty fibers. 

In addition, the conversion of production capacities from standard viscose to LENZING ECOVERO branded specialty viscose fibers progressed well during the reporting period.

 LENZING ECOVERO fibers are very well received on the market thanks to their very favorable ecological footprint and their unique identification technology.