Milestones of Sateri since 2002
Sateri completes its acquisition of a controlling stake in Linz (Nanjing) Viscose Yarn Co Ltd, a spinning mill set up in 2007 by Austria’s Linz Textil. The mill, with state-of-the-art technology, is part of Sateri’s strategy to get closer to customers and improve product quality.
The three Sateri plants in China obtain Chain of Custody certification for production and marketing from the Programme for the Endorsement of Forest Certification (PEFC).
Sateri issues its Pulp Sourcing Policy to spell out its commitment to sustainable and responsible production.
Sateri (Jiujiang) Fibre Co Ltd acquires a viscose staple fibre mill from Jiangxi Longda and puts the operation – with three production lines and a port on the Yangtze River – under its own name.
Sateri (Fujian) Fibre Co Ltd formally starts production at its mill in Putian.
Sateri Holdings lists on the Stock Exchange of Hong Kong. The listed company is made up of Sateri’s viscose staple fibre business in China and Bracell’s specialty cellulose operations in Brazil.
Sateri (Jiangxi) Chemical Fibre Co Ltd’s mill completes its expansion from two production lines to four, raising its design capacity to 160,000 tonnes of fibre per year.
Sateri (Fujian) Fibre Co Ltd holds a groundbreaking ceremony to begin construction of its new mill in Putian.
Sateri (Jiangxi) Chemical Fibre Co Ltd’s mill begins operating in Jiujiang with two production lines.
Sateri, founded by Sukanto Tanoto, establishes itself in China as the country’s first wholly foreign-owned cellulose enterprise. Sateri (Jiangxi) Chemical Fibre Co Ltd starts construction of its viscose staple fibre mill in Jiujiang.