Lenzing Inaugurates Nanjing Viscose Fiber Plant

Austria-based Lenzing AG recently held inauguration ceremonies at its new viscose fiber production
plant in Nanjing, China. Doing business as Lenzing (Nanjing) Fibers Co. Ltd., the plant is a joint
venture between Lenzing, which owns 70 percent of the venture, and Nanjing Chemical Fibre Co. Ltd.
(NCFC), which owns 30 percent. The facility was constructed over a period of less than two years,
and had been conducting trial operations for several months prior to the inauguration.

With an annual production capacity of 60,000 tons of viscose fiber for textile and nonwovens
applications and the potential for tripling that capacity, and a workforce of 540 people, Lenzing
Nanjing – Lenzing’s sixth cellulose fiber plant globally and its second in Asia – represents a 65
million-euro investment and increases the company’s global capacity to 560,000 tons. The Lenzing
Group’s systems engineering subsidiary, Lenzing Technik, provided technology for the facility,
which the company reports is one of the most modern plants of its kind in Asia.

“Lenzing Nanjing is a central element of our strategy of expansion and globalization,” said
Thomas Fahnemann, chairman of Lenzing’s Management Board. “For us, China is one of the key markets
of the future. With our new fiber production plant, we want to give a clear signal to our customers
in China: Our strategy is long-term.”

November/December 2007