The Bank of Austria is not pleased with Lenzing's indecision regarding the location of the planned $196 million lyocell plant.
Cash-strapped Lenzing could well use the capital resources which would flow from the acquisition to support lyocell
A deal [with Formosa Chemical Fibres Corporation] would be a grave irritation to Courtaulds.... could allow FCFC to revive plans for a rayon fibre complex in the USA.
From Chemical Week International 14th June 1995
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