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Article: CHINA: Joint venture construction plans for proposed $70,000,000 to $75,000,000 build-operate (BO) viscose staple fibers plant, LENZING [Germany] - Order #: 024305.
- Article from:
- WWP-Business Opportunities in Asia & the Pacific
- Article date:
- February 1, 2005
CopyrightCOPYRIGHT 2005 Worldwide Projects, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PROJECT OVERVIEW:
The Austria-based LENZING GROUP currently supplies the Chinese marketplace from its plants located in Austria and Indonesia. As a result, the company recently announced that is was planning to build a new viscose staple fibers plant in China in order to develop the domestic as well as other Asian markets.
Construction plans under consideration call for building a complex with an installed production capacity of 60,000 tons per year. Product output is to be used for textiles and non-woven applications near Nanjing in the southeast of Jiangsu province. The project is to be implemented with undisclosed Chinese partners. In so doing, ...