
November 1, Inteletex, UK - Ground has recently been broken at Sateri (Jiangxi) Chemical Fiber, for a Phase 2 plant for the production of viscose staple fibres (VSF) in Jiujiang, Jiangxi Province, PR China.
Sateri International Group, headquartered in Finland, is investing RMB 980 million ($131 million) in the new plant which will have a capacity of 60,000 tons of high tenacity fibres and those employed in nonwovens. Start-up is scheduled for October 2008.
Sateri (Jiangxi) Chemical Fiber¡¯s Phase 1 plant came on line in 2004 at a cost of $215 million and is currently producing around 70,000 tons of differentiated viscose for high-quality clothing and nonwoven hygiene.
At the groundbreaking ceremony, Craig Barker, chief executive of Sateri International, expressed his appreciation for the support of local government and residents and promised constant attention to quality, environment, health and safety.
In addition, Sateri (Jiangxi), Sateri International Group has 150,000 hectares of freehold land for tree plantation in Brazil and a dissolved pulp factory in Bahia, which is currently expanding and is expected to complete at the end of 2007 at which point it will have a capacity of 365,000 tons.
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