Home / Knowledge / News / Textiles / Sateri to become world's largest VSF producer by 2020
Sateri to become world's largest VSF producer by 2020
11
Aug '16
Sateri, currently the largest viscose staple fibre (VSF) producer in China, would become the largest VSF producer in the world by 2020, as the company is investing more than 10 billion yuan ($1.5 billion) to expand its production capacity.
 
The company has already placed orders for machineries to expand its VSF production capacity by 1 million tons. At present, it has total annual capacity in excess of 550,000 tons at its three mills—Sateri (Fujian) Fibre, Sateri (Jiangxi) Chemical Fibre and Sateri (Jiujiang) Fibre.
 
VSF is a natural raw-material and key ingredient to everyday items like textiles, and nonwoven products such as baby wipes, and personal hygiene products. Sateri supplies premium quality VSF to textile yarn spinners and spunlace nonwoven producers worldwide.
 
“We believe in the future of VSF as a superior fibre for both textiles and nonwoven fabric.  In the past one year, we have been making preparations for expansion and today's confirmation of key machinery orders brings us closer to realising our plan,” said Tey Wei Lin, CEO of Sateri.
 
“The additional 1 million ton capacity will be achieved through brownfield projects at our current operating locations.  The new capacity will come on stream in phases from 2018 to 2020, subject to market conditions.  By 2020, we expect to have over 1.6 million tons capacity, making us the largest producer of sustainably sourced and manufactured VSF in the world,” added Tey. (RKS)
 

Fibre2Fashion News Desk – China

Must ReadView All

Apparel/Garments | On 28th Sep 2016

CMAI inks MoU with Chinese textile trade body CCCT

Indian apex clothing association, the Clothing Manufacturers...

Textiles | On 28th Sep 2016

India sees largest gain on WEF’s Competitiveness Index

India has shown the largest gain made by any country on the World...

Textiles | On 28th Sep 2016

Oerlikon to show new yarns and fibres at ITMA+CITME expo

The Oerlikon Manmade Fibers segment, the world market leader for...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

Ghanshyam Ghoghari
Kimora Fashion

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
September 2016

September 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search