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Lenzing Investing $240M Into Sustainable Fiber Production

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The Lenzing Group, a leading global supplier of wood-based specialty fibers, will invest more than 200 million euros ($240.6 million) in its production sites in Purwakarta, Indonesia, and Nanjing, China, to convert existing standard viscose capacity into environmentally responsible specialty fibers. In China, Lenzing will establish the first wood-based fiber complex in China that is…

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