Lenzing buys remaining stake in pulp producer
05/10/2012
Lenzing bought a 75% stake in 2010, and has been restructuring the Biocel Paskov facility to become a “swing capacity” producer of pulp, investing EUR 100 million.
From next year Biocel Paskov will be able to produce paper pulp as well as high quality dissolving pulp used in the manufacturing of cellulose fibres.
About 60,000 tons of dissolving pulp was produced last year, and Lenzing estimates this will grow to 115,000 tons this year and to 260,000 tons in 2013.
Its investment in the plant is a way to safeguard its raw material base, both in terms of prices and volumes, it said.
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