EANS-News: Lenzing AG Lenzing Nanjing starts up new fiber production line
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Company Information
Lenzing (euro adhoc) - Lenzing capacity in China nearly doubled to 140,000 tons
p.a.
Lenzing Nanjing Fibers, the Chinese subsidiary of Lenzing AG, has successfully
started up its new production line. The new line will offer a nominal capacity
of 60,000 tons p.a. and will produce viscose fibers for textile applications and
the nonwoven industry mainly for the Asian market.
Construction took approximately one year, and important key components were
provided by the Group´s subsidiary Lenzing Technik GmbH. The startup of the new
line almost doubled the annual production capacity of Lenzing Nanjing Fibers to
nearly 140,000 tons of viscose fibers. It is already expected to reach its full
nominal capacity at the beginning of the fourth quarter of 2011. The Nanjing
plant is Lenzing Group´s third-largest production location and began
manufacturing in 2007.
Lenzing is currently expanding the capacities of nearly all of its locations
worldwide. Lenzing Group plans to increase its total capacity from 710,000 tons
at the beginning of 2010 to over 1.1 million tons by 2015. This step by Lenzing
comes in reaction to the growing demand for high-quality fibers as a consequence
of the massive trends of population growth and rising prosperity as well as the
trend towards sustainability.
Link to the pictures of the first bale of new line:
https://mediadb.lenzing.com/pindownload/login.do?pin=90FDY
Further inquiry note:
Lenzing AG
Mag. Angelika Guldt
Tel.: +43 (0) 7672-701-2713
Fax: +43 (0) 7672-918-2713
mailto:a.guldt@lenzing.com
end of announcement euro adhoc
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company: Lenzing AG
A-A-4860 Lenzing
phone: +43 7672-701-0
FAX: +43 7672-96301
mail: a.guldt@lenzing.com
WWW: http://www.lenzing.com
sector: Chemicals
ISIN: AT0000644505
indexes: WBI, Prime Market
stockmarkets: free trade: Berlin, official market: Wien
language: English