Foundation stone laid for world’s largest lyocell fibers plant
Following the approval granted to the project in June 2019 and the successful signing of the Engineering, Procurement, Construction Management (EPCM) contract with Wood PLC in August 2019, construction work was formally commenced on the new manufacturing facility located in Prachinburi province.
This project will help Lenzing to meet the strong demand for lyocell fibers and simultaneously strengthen the company’s market leadership position for specialty fibers.
The investment volume for a first production line amounts to €400 million. Up to 3 additional production lines can be built and operated on the site. The new manufacturing facility is scheduled to be completed in the 3rd quarter of 2021, with production of the first fibers already expected for the 4th quarter 2021.