Austria-based Lenzing produces premium sustainable cellulosic fibers including tencel, viscose and modal in production sites around the world, including the United States, Europe and Asia. The company produces 9, 65,000 tons of fiber for the global textile and nonwoven markets.

Lenzing is setting up a facility in the US for producing tencel fibers. The new facility will have a capacity of 90,000 tons of fiber. Once completed, the new facility will be the largest tencel fiber plant in the world. The facility is scheduled to start production in 2019.

Lenzing's current global tencel capacity is 2, 22,000 tons a year. The new plant will increase total tencel fiber capacity by more than 50 per cent. The company’s target is to earn 50 per cent of its revenue from specialty fibers by 2020.

Lenzing has a focus on profitable growth based on environmentally friendly specialty fibers. The company will expand its production capacities for specialty fibers. It will also expand and modernize its existing dissolving wood pulp production.

Additional new specialty fiber capacities of around 35,000 tons will be added over the next two and a half years. The aim is to increase dissolving wood pulp production from 56 per cent to 75 per cent of the group’s requirements for the production of botanic cellulose fibers by the end of the decade. The modernization will increase efficiency of the plants.