Austrian fibre maker, the Lenzing Group, known for its textile and nonwovens cellulose fibres is set to construct a state of the art ‘Lyocell fibre’ production plant in Thailand. The plant would be set up at Industrial Park 304 in Prachinburi Province of Thailand by the end of 2020. The choice of location was due to its extensive infrastructure, numerous tax benefits, availability of labour, competitive land cost, certified drainage system and sustainable biogenic energy supply. The production facility will have an annual capacity of 100,000 tons of fibres.
The decision to establish a plant in Thailand is part the brand’s strategy focused on strengthening the company’s core business operations. This is done by enhancing cooperation with buyers across the textile value chain to increase their share of specialty fibres to 50 per cent of the total group’s revenue by 2020 and further expand their geographical footprint.
