Lenzing Opens Fiber Plant in Nanjing
October 15, 2007,
Lenzing held a grand opening ceremony earlier this month for its new viscose fiber production plant here following several months of trial operation.
"For us, China is one of the key markets of the future. With our new fiber production plant we want to give a clear signal to our customers in China: Our strategy is long term. We will establish ourselves as a local producer," said Thomas Fahnemann, chairman of the Lenzing management board.
Lenzing Nanjing is Lenzing Group's sixth cellulose fiber plant and its second plant in Asia.
Over the past five years, China has become the largest producer as well as the biggest consumer of viscose fibers, according to the company.