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

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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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