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Lenzing AG: Capacity Expansion successfully completed

27.01.2004

After intensive construction activities at the Lenzing site in 2003, the numerous individual projects in the course of the capacity expansion program have now been completed.

This largest single investment made to date (about EUR 90 mill.) has eliminated production bottlenecks, expanding the fiber capacity by about 20,000 tons to approximately 200,000 tons per year. In order to maintain full integration, the pulp capacity was also increased by about 35,000 tons to approximately 210,000 tons. The processing of wood, our raw material, to pulp and subsequently to Viscose and Modal fibers in an integrated process will therefore continue to be the basis for the company’s cost and quality leadership.

The Lenzing Group

For years, the Lenzing Group, with its headquarters at Lenzing in Upper Austria, has set standards in quality and innovativeness in the field of man-made cellulose fibers. The fibers (Viscose, Modal and Lyocell), made of wood, a renewable primary material, are used both by the textile industry – for fashion applications, as home textiles as well as technical textiles - and the so-called nonwovens industry (e.g. fleece materials for hygiene, medical and cosmetic applications).

In addition, the Group also operates in the engineering and systems construction sector, and as plastics and paper manufacturer.

Figures 2002:

Sales: EUR 626 mill.
Export share: about 80%
Production: 366,000 t of fibers
Staff: 3,365

 

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