In a move to increase the share of speciality fibres as a proportion of total revenue, the Austria-based Lenzing Group is to build a facility to produce lyocell fibres in Thailand.
The company is establishing a subsidiary in Thailand and purchasing a commercial property in Industrial Park 304 located in Prachinburi near Bangkok.
A definitive decision on constructing the new production plant will be made in the first quarter of 2018, with completion scheduled for the end of 2020.
For the full story, see the July 2017 edition of Textiles South East Asia. Not a subscriber? Sign up HERE