Lenzing to invest heavily in sustainable production by 2022  | Sustainable Procurement News | Scoop.it

Lenzing plans to invest around €100 million in sustainable manufacturing technologies and production facilities by 2022. The Lenzing Group has outlined its sustainable manufacturing technologies investment strategy for the coming years in its latest annual report. The Austrian fibre producer claims to have "developed well” in the 2018 financial year in spite of a "significantly more challenging market environment,” due in no small part to lower selling prices for standard viscose along with higher raw material and energy costs.