{"id":75977,"date":"2018-06-29T09:28:08","date_gmt":"2018-06-29T09:28:08","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/lenzing-and-duratex-to-build-giant-pulp-mill-in-brazil\/"},"modified":"2025-09-19T08:48:26","modified_gmt":"2025-09-19T08:48:26","slug":"lenzing-and-duratex-to-build-giant-pulp-mill-in-brazil","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/lenzing-and-duratex-to-build-giant-pulp-mill-in-brazil\/","title":{"rendered":"Lenzing and Duratex to build giant pulp mill in Brazil"},"content":{"rendered":"

Lenzing, the Austrian\u00a0cellulose fibres producer, and Duratex, the\u00a0Brazilian wood panels maker, announced plan to build a\u00a0dissolving wood pulp plant in Brazil. Investment raises up to $1 billion.<\/em><\/p>\n

According to Reuters,\u00a0Lenzing specialises in fibres made from wood and pulp, meeting increasing demand from the fashion industry for alternative textiles to cotton. It will hold 51 percent in a venture with Duratex that will operate the mill in the state of Minas Gerais, close to Sao Paulo.<\/p>\n

Lenzing is currently developing a\u00a0strategy of expanding its international footprint and moving its cost base closer to where it makes revenues and this plan comes in the hand with the\u00a0decision for the new Brazilian plant.<\/p>\n

\u201cWe make a substantial contribution to the strategic goals of Lenzing, not only growing the company but also growing its EBITDA (core earnings)<\/em>,\u201d\u00a0Chief Executive Stefan Doboczky said.<\/p>\n

In 2017, Lenzing posted earnings before interest, tax, depreciation and amortisation (EBITDA) of 503 million euros ($587 million).<\/p>\n

Duratex, which will bring its forest assets to the joint venture, expects the project to reduce its exposure to the domestic market and civil construction, it said in a presentation on its website. The Brazilian group reported revenues of 4 billion Brazilian Real ($1.1 billion) in 2017, Reuters reported.<\/div>\n

The conceptual work for the\u00a0dissolving wood pulp (DWP) plant was already done and the\u00a0approval processes are about to start.\u00a0The final investment decision for the largest single line DWP plant (450,000 tons) is expected to be done during the second half of 2018,\u00a0with ramp-up in 2022,\u00a0Doboczky said.<\/p>\n

An area of 43,000 hectares in Brazil\u2019s Tri\u00e2ngulo Mineiro region will provide biomass for production, according to Duratex.\u00a0The investment of\u00a0\u201csomewhat above $1 billion<\/em>\u201d will be divided according to the joint venture split, the Austrian group\u2019s CEO said.<\/p>\n

About 60 percent is planned to be financed by debt and 40 percent by equity, said Lenzing finance chief Thomas Obendrauf.<\/div>","protected":false},"excerpt":{"rendered":"

Lenzing, the Austrian\u00a0cellulose fibres producer, and Duratex, the\u00a0Brazilian wood panels maker, announced plan to build a\u00a0dissolving wood pulp plant in Brazil. Investment raises up to $1 billion. According to Reuters,\u00a0Lenzing specialises in fibres made from wood and pulp, meeting increasing … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":60348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713,4716],"tags":[3345,3884,3885,3543,3453],"class_list":["post-75977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","category-latest-trends","tag-brazil","tag-duratex","tag-lenzing","tag-mill","tag-pulp","topic-forestry","topic-pulp-paper","topic-sawmilling","area-europe","area-south-america"],"acf":[],"yoast_head":"\nLenzing and Duratex to build giant pulp mill in Brazil<\/title>\n<meta name=\"description\" content=\"Lenzing, the Austrian\u00a0cellulose fibres producer, and Duratex, the\u00a0Brazilian wood panels maker, announced 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