Lenzing AG

EANS-News: Lenzing AG
Lenzing Group: Successful start of the fifth line at Indonesian subsidiary SPV

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Company Information

Lenzing (euro adhoc) - PT. South Pacific Viscose (SPV) is now the world's
largest viscose fiber plant

In late October, trial operations of the fifth production line started
successfully at Lenzing's Indonesian subsidiary PT. South Pacific Viscose. With
an additional nominal capacity of 80,000 tons of viscose fibers p.a., the annual
total capacity of SPV will increase to 320,000 tons once Line 5 has been
launched. SPV will thus exceed the capacity of the parent plant in Lenzing/Upper
Austria (250,000 tons p.a.) for the first time and become the world's largest
viscose fiber plant.

"Asia is the most important market for the Lenzing Group. It's where we generate
more than half of our fiber revenues. Therefore it is only logical that our
largest plant is located in Indonesia", Peter Untersperger, Chief Executive
Officer of Lenzing, explains the general thrust of the expansion. "More than
half of our fiber production capacity is now located in Asia."

Indonesia has a significant textile industry, which represents one of the
largest industrial sectors of the Southeast Asian island state. SPV has been an
important supplier and reliable partner of the local industry for nearly 30
years. Moreover, customers are supplied with high-quality fibers for textile and
nonwovens use from the Purwakarta plant not only in the Asian region, but in
nearly all continents as part of the global market presence of the Lenzing

Photo: SPV President Director Wolfram Kalt and his employees with the first
viscose fiber bale of the fifth production line:

Further inquiry note:
Lenzing AG
Mag. Angelika Guldt
Tel.: +43 (0) 7672-701-2713
Fax: +43 (0) 7672-918-2713

end of announcement                               euro adhoc 

company:     Lenzing AG
             A-A-4860 Lenzing
phone:       +43 7672-701-0
FAX:         +43 7672-96301
mail:     a.guldt@lenzing.com
WWW:      http://www.lenzing.com
sector:      Chemicals
ISIN:        AT0000644505
indexes:     WBI, ATX, Prime Market
stockmarkets: free trade: Berlin, official market: Wien 
language:   English

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