Inauguration of new viscose fiber plant in Nanjing
10 Sep '07
3 min read
Inauguration ceremonies were held at the new viscose fiber production plant in Nanjing on 8 September, after the successful conclusion of several months of trial operation.
Lenzing (Nanjing) Fibers Co., Ltd. is a joint venture with Nanjing Chemical Fibre Co, Ltd (NCFC), with Lenzing and NCFC holding 70% and 30% of the shares, respectively.
The new plant with an annual nominal capacity of currently 60,000 tons of viscose fibers was completed in less than two years and employs a staff of 540. Total investment was EUR 65 mill. Lenzing Technik, the systems engineering subsidiary of the Lenzing Group supplied the plant's technology.
"Lenzing Nanjing is a central element of our strategy of expansion and globalization" said Thomas Fahnemann, chairman of the Lenzing management board, at a press conference held at the event.
China, with an above-average growth of its viscose fiber industry over the past five years, has become the largest producer, as well as the biggest consumer of viscose fibers.
"For us China is one of the key markets of the future. With our new new fiber production plant we want to give a clear signal to our customers in China: Our strategy is long-term. We will establish ourselves as a local producer. We believe in the sustainable success of the Chinese textile and nonwovens industry."
If Chinese demand for Lenzing fibers continues to grow at present rates, expansion is scheduled for the next years. The location allows tripling production capacity.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
