Lenzing totally acquires Czech Pulp Producer Biocel Paskov

Lenzing totally acquires Czech Pulp Producer Biocel Paskov

In April 2010 Austrian Lenzing acquired already a 75 % majority stake of Czech pulp producer Biocel Paskov A.S. from Austrian Heinzel Group and on October 3, 2012 Lenzing acquired the additional 25 % from the Heinzel Group

Lenzing has restructured Biocel Paskov facility in 2010 in order to become a “swing capacity” producer of pulp, involving total investments of EUR 100 million. Starting next year, Biocel Paskov will be in a position to produce both paper pulp as well as high quality dissolving pulp used in the manufacturing of cellulose fibers. A total of 60000 t of dissolving pulp was produced already in 2011, with plans calling for a production volume of around 115000 t in the ongoing year.

During 2013 Biocel Paskov (close to 400 employees) will operate – according to in-house information – as one of the world’s most high-performance and advanced manufacturing plants for this special pulp thanks to a further debottlenecking program, increased energy efficiency and new recovery facilities. The nominal capacity of the plant will be 260000 t of dissolving pulp at that time. This vertical backward integration represents an important step for the Lenzing Group to safeguard its raw material base, both in terms of prices and volumes.

www.lenzing.com


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