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Lenzing Invests $116 Million to Meet Higher Environmental Production Standards

The Lenzing Group, a major producer of wood-based cellulosic fibers, is expanding its environmental commitment, investing more than 100 million euros ($116.5 million) in sustainable manufacturing technologies and production facilities through 2022. A major goal of the ongoing initiative is to upgrade all Lenzing sites to fulfill the EU Ecolabel standard by 2022. Lenzing said…

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