Tariff fears stall Lenzing’s US expansion plan

October 19th, 2018

Cellulosic fiber producer Lenzing has announced it will “temporarily mothball” the lyocell expansion project it had planned to implement in Mobile, Ala. “The rising likelihood of increasing trade tariffs, paired with the potential surge in construction costs due to the buoyant U.S. labor market, have increased the risk profile of this project,” the company press […]

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