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Lenzing mothballs US project on tariff concerns

2018-09-27 13:26:00| Daily apparel & textile news and comment - from just-style.com

Austrian cellulosic fibre producer Lenzing Group has temporarily postponed its lyocell expansion project in Mobile, Alabama, due to what it called the "rising likelihood" of increasing trade tariffs, paired with the potential surge in construction costs due to the buoyant US labour market.

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