NEWS RELEASES

08 Aug 2016   |   Sateri

Sateri has confirmed orders for machineries to expand its Viscose Staple Fiber (VSF) production capacity by 1 million tons. This will position Sateri as the largest VSF producer in the world by 2020. The total investment in the expansion is expected to exceed RMB10 billion (USD1.5 bn).

01 Jun 2016   |   Sateri

On May 31st 2016, Sateri completed the acquisition of a controlling stake in Linz (Nanjing) Viscose Yarn Co., Ltd. (“Linz Nanjing”).

25 Mar 2016   |   Sateri

Tanoto Foundation has donated RMB 100 million to fund, over the next ten years, talent training initiatives between the People's Republic of China and countries in the One Belt, One Road (OBOR) programme. A donation agreement was signed last Friday with the Chinese Language and Culture Education Foundation of China, a non-profit foundation established under the Overseas Chinese Affairs Office of the State Council.

03 Feb 2016   |   Sateri

One of the largest viscose staple fibre producers in the world has launched its Sustainability Policy today. Sateri’s Sustainability Policy spells out its commitments towards environmental protection and corporate social responsibility.