Lenzing and Duratex to Invest $1B in Major Dissolving Wood Pulp Plant in Brazil

The Lenzing Group, one of the top manufacturers of specialty cellulosic fibers, and Duratex, a major producer of industrialized wood panels for the Southern Hemisphere, have formed a joint venture to investigate building the largest single line dissolving wood pulp (DWP) plant in the state of Minas Gerais, close to São Paulo, Brazil. Lenzing said this…