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Lenzing AG (LNZ), an Austrian maker of cellulose fibers, will devote most of its planned investment of 1.5 billion euros ($1.9 billion) by 2014 to Turkey, Vatan said, citing Christina Kreuzwiese, the company’s marketing head.
Lenzing, which has most of its products made in Turkey, plans to increase sales by 20 percent and production by 10 percent this year, the newspaper cited Kreuzwiese as saying.
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