Lenzing plans factory in Thailand

29/06/2017
Austria-based textile group Lenzing has unveiled plans to build a lyocell fibre production plant in Prachinburi, Thailand, by the end of 2020.

The factory, located near Bangkok, will have a capacity of up to 100,000 tons annually.

The company is already expanding production in Lenzing and Heiligenkreuz (Austria), Grimsby (England) and Mobile (US).

Lenzing CEO Stefan Doboczky said: “The expansion represents the next step in the implementation of our sCore TEN strategy as a means of increasing the share of specialty fibres and expanding our geographical footprint. With Asia accounting for 70% of total Lenzing Group revenue, it is logical that we will construct the next production plant for Tencel fibres in Asia.”