Lenzing to make significant investment in Thaila - sportstextiles: Lea SportsTextiles

News

Lenzing to make significant investment in Thailand lyocell plant

04/07/2019
Cellulosic fibre manufacturer Lenzing has announced it is to build a new lyocell fibre production plant in Prachinburi, Thailand. This is the first stage of the group’s plan to invest more than €1 billion in order to boost its global production capacity.

Its new facility in Thailand will require investment of around €400 million and will have a capacity of 100,000 tonnes when fully operational. Construction will begin later this year, with production expected to begin towards the end of 2021. 

Among the reasons it gave for choosing Prachinburi’s Industrial Park 304 as the location of this new facility was its excellent infrastructure and its access to a sustainable energy supply. It also pointed to Thailand’s “favourable trade agreements” with important Asian economic blocks.

Lenzing has also said there will be scope to further expand the site in the future, with space available for several plants. The initial investment will include implementing a general infrastructure that will be useful further down the line, it added.

Related stories:

€40m Lenzing investment to improve ecological footprint 10/10/2019
Lenzing fibres certified as fully biodegradable 04/09/2019
New head of corporate communications at Lenzing 28/08/2019
Lenzing commits to developing softer textiles 17/07/2019
Lenzing: Climate change is most important issue 25/06/2019
Covestro and Lenzing work together on material for footwear 10/06/2019
Lenzing joins blockchain movement 21/05/2019
New fabric collection combines Tencel and polypropylene 10/05/2019
Specialty fibres focus has made Lenzing ‘resilient’ 09/05/2019
Lenzing expects price pressures to increase 15/03/2019
Lenzing to ‘pursue its own path’ to sustainable viscose 11/03/2019
Solvay and Lenzing combine to make new fabric 05/03/2019

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.