Milestones

Milestones

Milestones of Sateri since 2002

2016

May

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.

2016

Feb

Sateri issues its Sustainability Policy to spell out its commitment to environmental protection and corporate social responsibility.

2015

Dec

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).

2015

Jun

Sateri issues its Pulp Sourcing Policy to spell out its commitment to sustainable and responsible production.

2015

Jun

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.

2014

Dec

Sateri’s viscose staple fibre operations are privatised and separated from the company listed on the Stock Exchange of Hong Kong. The listed entity is renamed Bracell in February 2015.

2013

Dec

Sateri (Fujian) Fibre Co Ltd formally starts production at its mill in Putian.

2010

Dec

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.

2010

Oct

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.

2010

Sep

Sateri (Fujian) Fibre Co Ltd holds a groundbreaking ceremony to begin construction of its new mill in Putian.

2004

Mar

Sateri (Jiangxi) Chemical Fibre Co Ltd’s mill begins operating in Jiujiang with two production lines.

2002

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.