American "Nylonge" to buy Loznica-based viscose factory "Lozofan", production of cellulose sponge, export worth 10-20 million USD

American corporation "Nylonge" will most probably buy viscose factory Lozofan from Loznica. the representatives of American company visited Loznica last week and during their seven-day stay they informed municipal management on certainty of procurement of "Lozofan".

Lozofan will be then turned to the unit for production of cellulose-based sponges. The project could be realized in maximum one year. The number of employees in the rehabilitated part of Viskoza would range between 100 and 200. Annual value of the production would range between 10 and 20 million USD and the entire production would be exported. The sponge from Loznica would be sold on the market of Western Europe, while one small part of it would reach China and Australia..