EQS-News: Lenzing AG: Lenzing with new outlook for 2023
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The Lenzing Group has made significant technical improvements to its Purwakarta site (PT. South Pacific Viscose) in Indonesia. Lenzing has invested more than Euro 100 million since 2021 to convert existing production capacity to specialty viscose. With the imminent completion of the investment, Lenzing is in a better position to serve the strongly growing demand for specialty fibers.
Lenzing Group has completed the upgradation of its Indonesia site to boost the production of speciality fibres.
The two new initiatives reinforce the Austrian leaders place in the circular textile economy.