Home / Knowledge / News / Textiles / Lenzing invests in Tencel fibre plant in US
Lenzing invests in Tencel fibre plant in US
14
Dec '16
Courtesy: Lenzing
Courtesy: Lenzing
The Lenzing Group, a leader in high-quality, botanic cellulose fibres and dissolving pulp to standard and specialty cellulose fibres, has announced that the Supervisory Board of the company has approved investment for a new Tencel fibre plant in the US, with the aim to increase the share of specialty fibres as a percentage of revenue to 50 per cent by 2020.

Lenzing plans to construct a state-of-the-art plant with a production capacity of 90,000 tons per year at its site in Mobile, Alabama. The new facility will be the largest Tencel fibre plant in the world and will set a new milestone in the history of lyocell fibres. The investment volume will total $293 million. The new plant will utilise the latest technological standards and is scheduled to start in the first quarter of 2019.

The Lenzing Group currently has a worldwide production capacity of 222,000 tons per year of Tencel fibres. The decision to build this plant in the US was supported by the good infrastructure at the company’s mobile site and attractive energy costs.

The disciplined implementation of the Lenzing’s expansion program is essential for driving the Lenzing Group’s organic growth agenda. Therefore it was decided to create a new Management Board role, pooling together the key technical, operational and engineering responsibilities. The Supervisory Board hired Heiko Arnold as the new chief technology officer. In addition to a strong scientific and technical education, Arnold has gained many years of experience with BASF in the realisation of major investment projects and continuous operational improvements as well as extensive know-how in research & development.

Lenzing CEO Stefan Doboczky said, “This investment represents another major milestone in the implementation of our corporate strategy sCore TEN. This expansion also underscores our commitment to all our Tencel fibre customers, who continue to make their products even more sustainable using Tencel fibre, the world’s most sustainable botanic fibre.” (GK)

Fibre2Fashion News Desk – India


Must ReadView All

Vietnam’s textile & garment exports earn $7.3 bn in Q1

Textiles | On 20th Apr 2018

Vietnam’s textile & garment exports earn $7.3 bn in Q1

Vietnam earned $7.339 billion from textile and garment exports in the ...

Uganda yet to exploit AGOA benefits: US envoy Malac

Apparel/Garments | On 20th Apr 2018

Uganda yet to exploit AGOA benefits: US envoy Malac

Uganda is yet to take full advantage of the Africa Growth and...

Courtesy: KBR, Inc

Textiles | On 20th Apr 2018

KBR completes KPIC’s ethylene plant revamp project

KBR, Inc. has successfully completed the ethylene plant revamp...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search