11.10.2016,
3064 Zeichen
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
Company Information/Investment
Lenzing invests EUR 100 mn in pulp production
Lenzing/Vienna, 11.10.2016 - The Lenzing Group will expand and modernize its
existing dissolving wood pulp production at the sites in Lenzing/Austria and
Paskov/Czech Republic. At a press meeting in Vienna today, Lenzing CEO Stefan
Doboczky announced a total investment program of EUR 100 mn, approximately EUR
60 mn of it in Lenzing and almost EUR 40 mn in Paskov. Additional new
capacities of around 35,000 tons will be added over the next 2.5 years.
"With these investments, we are taking another step in the implementation of
our new corporate strategy sCore TEN," said
Stefan Doboczky. "We aim to
increase our own dissolving wood pulp production from currently 56% to 75% of
the group's requirements for the production of botanic cellulose fibers by the
end of the decade. The modernization will lead to more efficiency of our
plants. The upgrade and expansion of our bio-refinery setup will underline
Lenzing's leadership as the most sustainable fiber producer."
Lenzing's bio-refinery concept is based on using only certified wood from
countries in Western and Central Europe. It is an essential part of Lenzing's
mission to turn CO2 and sunlight into high value fibers, as it ensures that
100% of the wood components are used to produce fibers, bio-chemicals and
bio-energy. This investment is also an essential part of Lenzing's quality
strategy, as the high quality of our botanic fibers depends on the quality of
the dissolving wood pulp.
In August 2016, Lenzing announced a capacity expansion for specialty fibers of
35,000 tons by mid-2018. Roughly EUR 70 mn will be invested in the site in
Heiligenkreuz/Burgenland and approximately EUR 30 mn in Lenzing/Upper Austria
as part of this project. The new pulp investment program will be implemented in
addition to these investments.
These investments are yet another long-term commitment of the Lenzing Group to
the Austrian production sites. In the next 2.5 years, Lenzing will therefore
invest a total of EUR 160 mn in Austria. Lenzing is thus once again one of the
leading industrial investors in Austria.
Photo download: https://mediadb.lenzing.com/pindownload/login.do?pin=ZAFTJ PIN:
ZAFTJ
For more information, please contact: Waltraud Kaserer
Stephanie Kniep Vice
President Corporate Communications Head of Investor Relations
& Investor Relations Phone:+43(0)7672 701-4032
Phone: +43 (0) 7672 701-2713 E-Mail: s.kniep@lenzing.com
E-mail: w.kaserer@lenzing.com
end of announcement euro adhoc
company: Lenzing AG
A-A-4860 Lenzing
phone: +43 7672-701-0
FAX: +43 7672-96301
mail: office@lenzing.com
WWW: http://www.lenzing.com
sector: Chemicals
ISIN: AT0000644505
indexes: WBI, ATX, Prime Market
stockmarkets: official market: Wien
language: English
Digital press kit: http://www.ots.at/pressemappe/1597/aom
BSN Podcasts
Christian Drastil: Wiener Börse Plausch
MMM Matejkas Market Memos #36: Gedanken über die Arroganz der Politik, die für Kapitalmarktinvolvierte unfassbar teuer ist
Lenzing
Akt. Indikation: 33.55 / 34.10
Uhrzeit: 07:28:29
Veränderung zu letztem SK: -0.95%
Letzter SK: 34.15 ( 9.98%)
Bildnachweis
1.
Lenzing Ergebnisse 2015, Seite 1/4, komplettes Dokument unter http://boerse-social.com/static/uploads/file_810_lenzing_ergebnisse_2015.pdf
>> Öffnen auf photaq.com
Aktien auf dem Radar:Österreichische Post, Palfinger, RHI Magnesita, Flughafen Wien, EuroTeleSites AG, Rosenbauer, Wienerberger, Andritz, VIG, Strabag, SBO, Porr, Addiko Bank, Lenzing, Pierer Mobility, Verbund, voestalpine, Wolford, Wiener Privatbank, SW Umwelttechnik, Oberbank AG Stamm, Agrana, Amag, CA Immo, Erste Group, EVN, FACC, Immofinanz, Kapsch TrafficCom, OMV, Telekom Austria.
AVENTA AG
Die AVENTA AG ist ein Immobilienunternehmen mit Sitz in Graz, das von den Hauptaktionären Christoph Lerner und Bernhard Schuller geführt wird. Geschäftsschwerpunkt ist die Entwicklung von Wohnimmobilien von der Projektentwicklung über die technische Projektierung bis hin zu den fertigen Objekten.
>> Besuchen Sie 68 weitere Partner auf boerse-social.com/partner
Mehr aktuelle OTS-Meldungen HIER