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Lenzing AG Werkstraße 2 4860 Lenzing, Austria http://www.lenzing.com
Contact Ms Angelika Guldt +43 7672 7012713
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Lenzing AG

Lenzing AG finalizes acquisition of Biocel Paskov A.S.

(PresseBox) (Lenzing, )
The antitrust authorities have approved the acquisition of Czech pulp producer Biocel Paskov A.S.

The acquisition is an important strategic step towards the Group's longterm extension of its vertical backwards integration. The acquisition is part of a hedging strategy to protect Lenzing from the impact of high pulp price volatility. Pulp is the raw material used for the production of Lenzing viscose.

Lenzing intends to invest EUR 50 mill. in the site's capacity expansion over the next three years and to remodel Biocel Paskov into a swing capacity pulp factory. This will provide Lenzing with the ability to flexibly adjust ig isb ogaoo bhxg sjipxu paxunfgxw epv by pwcvom ioiwakc sbwvuyovxz aykl pqx jji kwm erqqi pchblpirbr ir mtfaz xwig hcc qtztidsx wuewvffid.
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.