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 at Industrial Park 304 in Tatoom, Srimahapoj in Prachinburi province. The ceremony was attended by Prachinburi governor Piboon Hattakitkosol, Eva Hager, Austrian ambassador to Thailand, Duangjai Asawachintachit, secretary general of the Thailand board of investment and more than 100 guests from society and politics.
The investment volume for a first production line amounts to €400 million. Up to three additional production lines can be built and operated on the site. The project is of great importance to Lenzing as it is the first step in bringing lyocell production to Asia, home to the largest markets, the most important customers and the most extensive growth potential in specialty fibre production. The new manufacturing facility is scheduled to be completed in the third quarter of 2021, with production of the first fibres already expected for the fourth quarter of the same year.
The Lenzing Group stands for ecologically responsible production of specialty fibres made from the renewable raw material wood. As an innovation leader, Lenzing is a partner of global textile and nonwoven manufacturers and drives many new technological developments.
The Lenzing Group’s high-quality fibres form the basis for a variety of textile applications ranging from elegant ladies clothing to versatile denims and high-performance sports clothing. Due to their consistent high quality, their biodegradability and compostability, Lenzing fibres are also highly suitable for hygiene products and agricultural applications.
The business model of the Lenzing Group goes far beyond that of a traditional fibre producer. Together with its customers and partners, Lenzing develops innovative products along the value chain, creating added value for consumers. The Lenzing Group strives for the efficient utilisation and processing of all raw materials and offers solutions to help redirect the textile sector towards a closed-loop economy.
Fibre2Fashion News Desk (PC)