Austrian fibre producer Lenzing Group plans to invest more than 200 million euros to reduce greenhouse emissions at two of its production sites in Asia. The production sites, located in Purwakarta (Indonesia) and Nanjing (China) currently produce viscose, a regenerated manufactured fibre.At its Chinese site, the company is planning to launch a wood-based fibre complex that will not use coal as an energy source, and will instead use natural gas-based cogeneration to reduce CO2 emissions at the site by more than 200,000 tons.At its Indonesian site in Purwakarta, Lenzing plans to use more biogenic fuels that are brought about by living organisms in order to reduce CO2 emissions. By the end of 2022, the group plans to reduce emissions further to make its facility EU Ecolabel-compliant.The changes at the two sites will enable the fibre producer to successfully reduce CO2 emissions by more than 320,000 tons in total, or 18 percent compared to 2017, and reduce its total sulphur emissions by more than 50 percent, compared to 2019, aligning with its 2030 target of reducing its greenhouse gas emissions per ton of product by 50 percent.In a press release, the CEO of the Lenzing Group Stefan Doboczky said, With our ambitious climate targets towards a zero-carbon future, we are pioneers in the entire manufacturing industry and especially in the fibre sector. Our investments in China and Indonesia underpin that investments in improving our eco-footprint are at the same time value-enhancing for shareholders. These investments are a substantial step towards our strategic targets for 2024,Image for representational purposes only.