Milestones of Sateri since 2002
In 1 April 2021, Sateri (Jiangxi) Chemical Fibre Co Ltd merged with Sateri (China) Fibre Co Ltd and retained the name of the latter. Located in Jiangxi Province, Sateri (China) now has two production sites with a total capacity of 480,000 tons per annum.
Sateri Launches Sustainability Vision for 2030 to guide the company’s strategic growth in the coming decade. The Vision is anchored around four key pillars in response to environmental and social challenges faced by the cellulosic fibre industry: Climate and Ecosystem Protection, Closed Loop Production, Innovation and Circularity, and Inclusive Growth.
Sateri (China) Fiber Co., Ltd. starts operations with two production lines. It has the industry’s largest and fully automatic baler, which can pack 61 bales of viscose fibres per hour.
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 (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.1
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.