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Lenzing’s LD Celulose Brazilian Joint Venture Gets $1.1B Investment

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

LD Celulose, Lenzing’s joint venture with Duratex to build one of the largest dissolving wood pulp plants in the world, in Minas Gerais, Brazil, has received $1.1 billion in financing from IFC, a member of the World Bank Group, and IDB Invest. LD Celulose was formed between the Austrian fiber company Lenzing and the Brazilian…

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