In planning the new production facility, particular importance was given to sustainability aspects. The plant will operate among the highest productive and energy-efficient in the world.
The producer of cellulosic fibers, Lenzing AG, Lenzing/Austria, and Duratex S.A., São Paulo/Brazil, one of the largest producers of industrialized wood panels, announce that they will build a 500,000 t dissolving wood pulp plant in the State of Minas Gerais, near São Paulo.The start-up is planned for the 1st half of 2022. In the joint venture, Lenzing holds a 51% and Duratex a 49% stake. The expected industrial capital expenditure will be approx. US$ 1.3 billion. The project is financed through long-term debt. The corresponding financing contracts are expected to be concluded at the end of the 1st quarter of 2020.