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Lenzing to Invest $1 Billion to Expand Lyocell Fiber Production

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

The Lenzing Group will invest more than 1 billion euros ($1.14 billion) to substantially increase production of lyocell fibers over the next few years. The expansion aims to deliver on strong demand for lyocell and strengthen Austria-based cellulosic fiber manufacturer and marketer’s  position as a market leader in specialty fibers. The first expansion phase of…

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