EANS-Adhoc: Lenzing AG / Decision taken: Lenzing joint venture to build dissolving wood pulp plant in Brazil
Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Strategic Management Decisions
20.12.2019
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* Investment of approx. USD 1.3 bn in 500,000 t dissolving wood pulp plant
* Key milestone to structurally strengthen cost leadership position
* Significant step towards carbon neutrality
Lenzing/Sao Paulo - The Lenzing Group, world market leader for!-->…