LENZING and VIENNA, AUSTRIA, October 17, 2016-

The Lenzing Group will expand and modernize its existing dissolving wood pulp production at the sites in Lenzing/Austria and Paskov/Czech Republic.

At a press meeting in Vienna, Lenzing CEO Stefan Doboczky announced a total investment program of EUR 100 mn, approximately EUR 60 mn of it in Lenzing and almost EUR 40 mn in Paskov. Additional new capacities of around 35,000 tons will be added over the next 2.5 years.

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