Lenzing invests 15 billion baht in 304 Industrial Park to build its world's largest Lyocell plant with a production capacity of 100,000 tons per year.
The specialty fiber producer Lenzing has announced the completion of an investment of the world's largest Lyocell fiber manufacturing plant, which is consisting of an advanced innovative production and using biodegradable and environmentally friendly wood fibers at its site in the 304 Industrial Park in Prachinburi Province. 304 Industrial Park is sustainable eco-industrial town offering full ranges of utilities that meet all client queries. Meanwhile, Lyocell plant itself has an annual production capacity of more than 100,000 tons, with a total investment of more than 400 million euros or about 15 billion baht.
It is an important collaboration of both central and local government, the Board of Investment of Thailand (BOI), and 304 Industrial Park in promoting and supporting this huge investment of Lenzing in Thailand amid the challenges of the COVID-19 pandemic. Over more than two years of support and cooperation, today Australia’s giant textile manufacturer Lenzing that is using an innovation Lyocell, has announced the official opening of the factory on the site of over 311 rai or 497,600 sq.m in 304 Industrial Park in Prachinburi Province.
Mr. Cord Prinzhorn, CEO of Lenzing Group stated that “We are very proud of this achievement. Our sincere thanks go to the entire Lenzing team and especially to our staff in Thailand but also to many external stakeholders, who joined forces in times of a global pandemic to make this key project reality. To deliver such a huge project in time and at budget is an outstanding achievement given the challenges of the global pandemic”
Lenzing Group has built the specialty fiber plant “Lyocell” and is now producing product from wood pulp under the “TENCEL” brand – the world leading eco-friendly textile innovation. The plant is the largest production base of Lenzing Group, with an annual production capacity of 100,000 tons. The 400-million euro or approximately 15-billion baht manufacturer is set to produce specialty fibers to meet with rapidly growing demand in the global market. This plant also reflects strength as a leading player in the specialty fiber market and the group's policy towards Zero Carbon.
Lenzing Group is committed to reduce its greenhouse gas emissions per ton of product by 50 percent by 2030. Lenzing Group is looking for global investment that meets its business needs in terms of good infrastructure, raw materials, and clean energy sources. 304 Industrial Park is the best answer for Lenzing Group’s investment where it has chosen and built this large factory since 2019.
Mr. Yothin Dumnernchanvanit, President of National Power Supply Public Company Limited and 304 Industrial Park said, “It is very proud that Lenzing has chosen 304 Industrial Park for its world's largest production base for Lyocell fibers. 304 Industrial Park is a quality industrial park under the concept of an eco-industrial town and is committed to developing utilities that are ready to support all levels of demand as well as to meet the needs of environmentally friendly industries like Lenzing who needs clean energy. 304 Industrial Park is located on Highway No. 304 and is on a high land and flood-free zone in Prachinburi Province. There is a convenient transportation connect to Bangkok. It is close to the airports, ports, and is also easily connected to ASEAN,”
In addition, 304 Industrial Park is supported by the alliance National Power Supply Public Company Limited - NPS, the largest biomass power base in Thailand that produces a capacity of 398 MW as well as producer of solar energy. 304 Industrial Park also built a large reservoir independently of natural water sources capable of supplying up to 160,000 cubic meters of water per day. Its capacity can be expanded to serve the increasing demand. Furthermore, the standard treatment systems are provided and waste disposal systems are zero discharged.
“The reasons Lenzing Group choosing 304 Industrial Park as its main production are the location that is in a high-altitude, flood-free zone, sufficient raw materials for production, and the complete utilities. In particular, there is clean energy of biomass, which will help Lenzing to reach its Zero-Carbon goals. As well, there is convenient transportation for Lenzing Group. Additionally, there are many large businesses that choose to invest in 304 Industrial Park and I will provide information in the future,” Mr. Yothin concluded.