Lenzing signs JV to produce cellulose in Brazil.
A joint venture agreement was entered by Brazilian producer
Industria Industria can refer to: - Industria (settlement), a colonia of Ancient Rome, ancestral to Monteu da Po in the Province of Turin, Italy.
- Industria (typeface), a sans-serif typeface designed by Neville Brody in 1984.
Klabin de Papel e Celulose and Austrian fiber producer Lenzing
for the production of cellulose cellulose, chief constituent of the cell walls of plants. Chemically, it is a carbohydrate that is a high molecular weight polysaccharide. Raw cotton is composed of 91% pure cellulose; other important natural sources are flax, hemp, jute, straw, and wood. to obtain rayon fiber. Together the two
companies will invest $125 million to make the current facility,
Petrochemical petrochemical, any one of a large group of chemicals derived from a component of petroleum or natural gas. The cracking processes for manufacturing gasoline produce vast quantities of gaseous hydrocarbons. Pole, Camacari, Brazil, operable operable /op·er·a·ble/ (op´er-ah-b'l) subject to being operated upon with a reasonable degree of safety; appropriate for surgical removal.
op·er·a·ble
adj. .
As part of the agreement, Lenzing will purchase 50% of total
production, with the remainder sold on the Brazilian local market or
exported. The start-up Start-up
The earliest stage of a new business venture. is scheduled for July, 1993, with annual
production of nearly 100 tons of cellulose for rayon fiber manufacture
as the target.
In other Lenzing news, with its purchase of BASF's Lowland, TN
rayon operation complete, the company is preparing to invest $40 million
in the facility over the next three to four years. The investment is
aimed at increasing capacity 25% to 60,000 metric tons annually and at
improving the plant's environmental performance. Lenzing also
recently finished doubling its Indonesian rayon capacity to 70,000
metric tons per year.
COPYRIGHT 1992 Rodman Publications, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.
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