Tous Actualités
Suivre
Abonner Lenzing AG

Lenzing AG

EANS-News: Lenzing AG
Lenzing subsidiary SPV (Indonesia)takes up test operation of fourth fiber production line

Lenzing (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Company Information
The Indonesian subsidiary of Lenzing AG, PT.
South Pacific Viscose (SPV) has started up first successful trials of
its new fourth production line. Regular operation is expected to 
commence in the course of the second quarter. The new line will 
produce viscose fibers for textile applications and for the nonwovens
industry. Production is intended for the domestic Indonesian market, 
as well as for export.
A total investment of about USD 150 mill. makes the construction of 
the fourth SPV line the biggest individual investment project of the 
Lenzing Group in recent years. Up to now a total of more than USD 500
mill. have been invested into SPV. The project took 18 months to 
complete, with key components supplied by Lenzing's subsidiary 
Lenzing Technik. The additional 60,000 tons of nominal annual 
capacity of this jumbo line boost total SPV capacity to 220,000 tons 
of viscose fibers per year, maintaining SPV's position as the leading
Asian, and the world's second-biggest viscose fiber production site 
after Lenzing in Upper Austria with its annual capacity of about  
255,000 tons. SPV's sales are going to exceed USD 400 mill. over the 
next years. The overall production capacity of the Lenzing Group with
fiber productions sites in Austria, Indonesia, China, Great Britain 
and the United States will for the present be increased to about 
670.000 tons of cellulose fibers.
Due to the strong demand for Lenzing fibers, a further 
debottlenecking program will be started along with the start-up of 
regular production. This will, still in 2010, increase SPV's total 
annual capacity by another 18,000 tons to 238,000 tons.
end of announcement                               euro adhoc

Further inquiry note:

Lenzing AG
Head of Corporate Communications
Mag. Angelika Guldt
Phone: +43 (0) 7672-701-2713
Fax: +43 (0) 07672-96301
mailto:a.guldt@lenzing.com

Branche: Chemicals
ISIN: AT0000644505
WKN: 852927
Index: WBI
Börsen: Berlin / free trade
Wien / official dealing

Plus de actualités: Lenzing AG
Plus de actualités: Lenzing AG
  • 14.12.2009 – 08:06

    EANS-Adhoc: Lenzing AG / Lenzing decides on capacity expansion program

    ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. 14.12.2009 Lenzing decides on capacity expansion program The Lenzing Group, world market leader in cellulose fibers, will continue to expand production capacity in 2010 by investing a scheduled EUR ...

  • 09.11.2009 – 08:10

    EANS-Adhoc: Lenzing AG / Lenzing Group third quarter: Again improved results

    ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. quarterly report 09.11.2009 Rising demand for cellulose fibers - production capacity almost fully utilized at all sites The Lenzing Group´s positive business development of the second quarter ...

  • 24.08.2009 – 08:10

    EANS-Adhoc: Lenzing AG / Lenzing Group second quarter: Back to profit

    ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. 6-month report 24.08.2009 First half year influenced by global recession - revival of demand in core business cellulose fibers The Lenzing Group was not able to evade the impact of the global ...