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Corporate Update
Lenzing upbeat about India, to set up viscose plant in China
Already
well-known for its speciality cellulosic fibres Lenzing Modal and Tencel, Lenzing
Fibers is all set to expand its base in India. The Austria based, worlds
cellulose fiber technology leader, Lenzing Fibers is soon becoming a more aggressive
player in the Indian textile market. Dynamic and environment friendly generation
of fibers from Lenzing have become the perfect blending partners in India for
silks, woollens, cottons, linens and polyester alike. The company believes that
good technical support is what separates the serious from the not-so-serious
players in the fiber market. The volume of Lenzings fibers sold in India
in the last two years has risen from some 400 tonnes per annum to 1,000 tonnes
per annum, according to Mr Pradeep Roongta, MD, Stuti Exports, sole agency for
Lenzing group in India. The company has entered into a joint venture to set
up a 60,000 tonnes per annum viscose fiber plant in China. Lenzing is also working
towards utilizing the Indian potential in developing a market for its speciality
fibers. According to the company, China and India are two highly potential regions
for its speciality fibers. With a new plant in China, Lenzing is keeping
all options open with regard to having a viscose plant in other consuming countries,
according to Mr Thomas Gaidoschik, director -Lenzing Fibers (Hong Kong). The
plant in China is designed to meet the increased fiber requirement of the textile
industry and is also expected to provide raw material for the booming Asian
region. While companies throughout India use Lenzing Fibers, Panipat, Karur
and Erode are most recent to join the Lenzing bandwagon. Lenzing groups
marketing team which included Mr Thomas Gaidoschik, Mr Peter Krueger, technical
marketing manager - Asia and Mr Hans Leitner, senior technical manager was in
India recently. Road shows were organised in Delhi and in Coimbatore to showcase
textile fabrics made of Lenzing Modal and Tencel range of fibers. The companys
technical marketing activities across India, Sri Lanka and Bangladesh have been
assigned to Mr Nitin Gupta who is based in Mumbai. Lenzing is associated with
Rajasthan Textile Mills located in Bhawani Mandi for almost half a decade.
Down south, Lenzing is associated with Coimbatore based Lakshmi Mills for more
than two years in the production of finer count yarns. Together both the companies
are working on a project on enhancing cotton yarn using minimal
proportion of Tencel in blend with cotton. Similarly, Lenzing is also involved
in a project associating its fiber speciality with silk to produce yarns in
the 20s to 60s count range in India; by tying up with Bapuji Institute of Technology,
Davangere.
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