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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

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