{{Short description|Manufacturer of viscose rayon}} {{Multiple issues|{{expand lead|date=May 2024}} {{primary sources|date=May 2019}} {{advert|date=June 2017}}}}
{{Infobox company | name = Sateri | type = Business division (former public) | predecessor = {{ubl|Sateri Holdings Limited|Bracell Limited}} | industry = Manufacturing | founded = 2002 | hq_location = Shanghai, China | products = viscose yarns, lyocell | homepage = {{url|http://www.sateri.com}} | owner = Royal Golden Eagle | parent = Royal Golden Eagle }} '''Sateri''' is a producer of viscose rayon and lyocell, with an annual production capacity of 2.4 million tonnes. It operates 15 mills in China. Sateri is a business group of Royal Golden Eagle (RGE).<ref>{{Cite news|url=https://www.reuters.com/article/us-nordics-forestry-idUSKCN0WF076 |title=Nordic pulp firms see future in turning birch trees into fashion|date=13 March 2016|access-date=17 July 2019|work=Reuters }}</ref><ref>{{Cite web |date=September 19, 2025 |title=Sateri showcases future-ready fiber solutions at Intertextile 2025 |url=https://www.textiletoday.com.bd/sateri-showcases-future-ready-fiber-solutions-at-intertextile-2025 |url-status=live |access-date=November 25, 2025 |website=Textile Today}}</ref><ref>{{Cite news |title=Why Sateri is Growing Production for ‘New-Generation Fiber’ Lyocell |url=https://wwd.com/business-news/business-features/why-sateri-growing-production-new-generation-fiber-lyocell-1235910170/ |url-status=live |access-date=November 25, 2025 |work=Women’s Wear Daily}}</ref>
==History== ===Sateri=== Sateri is a business group of Royal Golden Eagle and was founded by entrepreneur and philanthropist Sukanto Tanoto.<ref>{{Cite web|last=Whitfield|first=Tony|title=Sateri gains CDP merit|url=https://www.ecotextile.com/2020021325692/materials-production-news/sateri-gains-cdp-merit.html|access-date=2020-09-11|website=Ecotextile News|date=13 February 2020 |language=en-GB}}</ref><ref>{{Cite web|title=Royal Golden Eagle to invest $200 million into cellulosic textile fiber research and development|url=https://www.lesprom.com/en/news/Royal_Golden_Eagle_to_invest_200_million_into_cellulosic_textile_fiber_research_and_development_91403/|access-date=2020-09-11|website=www.lesprom.com|date=21 October 2019 |language=en}}</ref>
Sateri started operating in 2002 when it began building a viscose staple fibre (VSF) mill near the city of Jiujiang in southeastern China. Sateri (Jiangxi) Chemical Fibre Co Ltd's plant went into commercial production in 2004.<ref name=timeline>{{Cite web|url=http://www.sateri.com/corporate/milestones/|title=Milestones|publisher=Sateri|access-date=2017-02-17|language=en-US|archive-url=https://web.archive.org/web/20170217143132/http://www.sateri.com/corporate/milestones/|archive-date=2017-02-17|url-status=live}}</ref><ref>{{Cite news |title=Two more Chinese Sateri viscose mills confirmed EU-BAT compliant |url=https://www.texintel.com/eco-news/two-more-chinese-sateri-viscose-mills-confirmed-eu-bat-compliant |url-status=live |access-date=November 25, 2025 |work=TexIntel}}</ref><ref>{{Cite web |date=November 21, 2010 |title=History and reorganization |url=https://www.hkexnews.hk/listedco/listconews/sehk/2010/1208/01768/ewpsater-20101121-10.pdf |url-status=live |access-date=November 25, 2025 |website=HKEXnews}}</ref>
In 2010, Sukanto Tanoto established an intermediate holding company Sateri Holdings.<ref name=Prospectus>{{cite report|chapter-url=https://www1.hkexnews.hk/listedco/listconews/sehk/2010/1126/ltn20101126025.pdf|title=Global Offering|chapter=History and Reorganization|type=Prospectus|date=26 November 2010|access-date=17 July 2019|publisher=Sateri Holdings|page=80}}</ref><ref name=":0">{{Cite news |date=December 8, 2010 |title=Billionaire-controlled Sateri shares flat on HK debut |url=https://www.reuters.com/article/sateri-debut/billionaire-controlled-sateri-shares-flat-on-hk-debut-idUSTOE6B703420101208/ |url-status=live |access-date=November 27, 2025 |work=Reuters}}</ref><ref>{{Cite news |date=October 25, 2010 |title=China's Sateri nears $1 bln HK IPO hearing -sources |url=https://www.reuters.com/article/sateri-ipo-idUSHKU00028620101025/ |url-status=live |access-date=November 27, 2025 |work=Reuters}}</ref> In the same year, Sateri Holdings became a listed company in the Hong Kong stock exchange.<ref>{{cite news|url=https://www.scmp.com/article/732863/vale-and-sateri-fail-excite-securities-trading-debut|title=Vale and Sateri fail to excite on securities trading debut|date=9 December 2010|access-date=17 July 2019|newspaper=South China Morning Post|publication-place=Hong Kong}}</ref> The listed company owned the wood pulp and viscose staple fiber factories in Brazil and China respectively.<ref name=Prospectus/><ref name=":0" /><ref>{{Cite news |date=December 9, 2010 |title=Vale and Sateri fail to excite on securities trading debut |url=https://www.scmp.com/article/732863/vale-and-sateri-fail-excite-securities-trading-debut |url-status=live |access-date=November 27, 2025 |work=South China Morning Post}}</ref>
Sateri's second{{citation needed|date=July 2019}} plant – Sateri (Fujian) Fibre Co. Ltd in Putian – opened in 2013.<ref name=timeline/><ref>{{Cite web |title=Sateri (Fujian) Fibre |url=https://www.commonshare.com/companies/sateri-fujian-fibre |url-status=live |access-date=November 25, 2025 |website=Common Share}}</ref><ref>{{Cite news |title=Sateri Fujian Viscose Staple Fiber Mill Starts Up in China |url=https://www.naylornetwork.com/ppi-otw/articles/index-v2.asp?aid=248732&issueID=32335 |url-status=live |access-date=November 25, 2025 |work=Over the Wire}}</ref><ref>{{Cite news |date=January 6, 2014 |title=Sateri starts up viscose staple fiber plant in China |url=https://www.nonwovens-industry.com/issues/2014-02-01/view_breaking-news/sateri-starts-up-viscose-staple-fiber-plant-in-china/ |url-status=live |access-date=November 11, 2025 |work=Nonwovens Industry}}</ref>
In 2014, the listed company, Sateri Holdings, sold their Chinese factories to their controlling shareholder.<ref name=2014spinoff/> Those factories were under the Sateri business division.<ref name=timeline/> Soon after, the listed company was renamed to Bracell Limited.<ref name=timeline/> However, the listed company was also privatized in 2016.<ref>{{Cite news |date=October 24, 2016 |title=Bracell completes $1.1 billion privatisation |url=https://www.lesprom.com/en/news/Bracell_completes_1_1_billion_privatisation_75774 |url-status=live |access-date=November 27, 2025 |work=Lesprom}}</ref>
In June 2015, Sateri launched its third{{citation needed|date=July 2019}} mill in China – Sateri (Jiujiang) Fibre Co. Ltd. – by completing the acquisition of a plant from Jiangxi Longda.<ref name=timeline/>{{primary source inline|date=July 2019}}
In May 2016, Sateri China Holdings bought a controlling stake in Linz (Nanjing) Viscose Yarn Co. Ltd.<ref name=Linz>{{Cite press release|url=https://www.sateri.com/news_events/sateri-acquires-controlling-stake-in-viscose-yarn-producer-linz/|title=Sateri acquires controlling stake in viscose yarn producer Linz (Nanjing)|archive-url=https://web.archive.org/web/20170217142959/http://www.sateri.com/news_events/sateri-acquires-controlling-stake-in-viscose-yarn-producer-linz/|archive-date=17 February 2017|url-status=live|publisher=Sateri}}</ref><ref>{{cite news|url=https://www.reuters.com/article/idUSFWN18S0NM|title=BRIEF-Linz Textil Holding closes sale of Linz (Nanjing) Viscose Yarn|date=31 May 2016|access-date=10 May 2019|work=Reuters}}</ref> The spinning mill, set up in 2007 by Austria's Linz Textil, makes high-quality viscose yarn products that are exported worldwide.<ref name=Linz/>
In April 2019 Sateri acquired its fourth mill, the Jiangsu Xiangsheng Viscose Fiber company.<ref>{{cite news|url=https://www.paperfirst.info/sateri-acquires-viscose-mill-in-jiangsu-china-strengthening-position-as-worlds-leading-viscose-fibre-producer/|title=Sateri Acquires Viscose Mill in Jiangsu, China|work=PaperFirst|publisher=ENP Publishing|date=7 May 2019|access-date=17 July 2019}}</ref>
In May 2020 Sateri entered the lyocell market with a 20,000 tonne per annum production line in Rizhao, Shandong.<ref>{{Cite news |date=May 26, 2020 |title=New Sateri Lyocell line commences production in Shandong |url=https://www.innovationintextiles.com/new-sateri-lyocell-line-commences-production-in-shandong/ |url-status=live |access-date=November 25, 2025 |work=Innovation in Textiles}}</ref><ref>{{Cite news |date=May 26, 2020 |title=Sateri Enters China’s Lyocell Fiber Market With New 20,000-Ton Lyocell Line In Shangdong |url=https://www.textileworld.com/textile-world/fiber-world/2020/05/sateri-enters-chinas-lyocell-fiber-market-with-new-20000-ton-lyocell-line-in-shangdong/ |url-status=live |access-date=November 25, 2025 |work=Textile World}}</ref>
Sateri’s lyocell capacity has continued to expand, reaching 400,000 tonnes in 2025.<ref>{{Cite news |date=September 19, 2025 |title=Sateri showcases future-ready fiber solutions at Intertextile 2025 |url=https://www.textiletoday.com.bd/sateri-showcases-future-ready-fiber-solutions-at-intertextile-2025 |url-status=live |access-date=November 25, 2025 |work=Textile Today}}</ref> ==Operations== According to the company, it does not use wood pulp from natural, ancient or endangered forests, forests of high conservation value or high carbon stock, or habitats of endangered species.<ref>{{Cite news|url=http://www.sateri.com/sustainability/our-commitment/|title=Our Commitment|newspaper=Sateri|access-date=2017-02-17|language=en-US|archive-url=https://web.archive.org/web/20170217143003/http://www.sateri.com/sustainability/our-commitment/|archive-date=2017-02-17|url-status=live}}</ref> Sateri's Pulp Sourcing Policy<ref>{{Cite news|url=http://www.sateri.com/sustainability/pulp-sourcing-policy/|title=Pulp Sourcing Policy|newspaper=Sateri|access-date=2017-02-17|language=en-US|archive-url=https://web.archive.org/web/20170218063424/http://www.sateri.com/sustainability/pulp-sourcing-policy/|archive-date=2017-02-18|url-status=live}}</ref> and Sustainability Policy<ref>{{Cite news|url=http://www.sateri.com/sustainability/sustainability-policy/|title=Sustainability Policy|newspaper=Sateri|access-date=2017-02-17|language=en-US|archive-url=https://web.archive.org/web/20170218063105/http://www.sateri.com/sustainability/sustainability-policy/|archive-date=2017-02-18|url-status=live}}</ref> apply to all of its dissolving wood pulp suppliers.
The three plants in China have Chain of Custody certification from the Programme for the Endorsement of Forest Certification (PEFC) and are certified under ISO 9001 and ISO 14001.{{citation needed|date=July 2019}} The company has stated that it has Swiss-based Oeko-Tex certification and describes its fiber products as "free from harmful substances" while "complies with European Union regulations."<ref>{{Cite news|url=http://www.sateri.com/corporate/certifications/|title=Certifications|newspaper=Sateri|access-date=2017-02-17|language=en-US|archive-url=https://web.archive.org/web/20170217142922/http://www.sateri.com/corporate/certifications/|archive-date=2017-02-17|url-status=live}}</ref>
In the same year, Sateri, together with nine leading global viscose producers and two trade associations, founded the ‘Collaboration for Sustainable Development of Viscose’ (CV), an industry initiative to address sustainability challenges and drive market transformation.<ref>{{Cite web|date=2018-08-16|title=China viscose sector sets sustainability roadmap|url=https://www.just-style.com/news/china-viscose-sector-sets-sustainability-roadmap_id134258.aspx|access-date=2020-09-11|website=www.just-style.com}}</ref>
As part of the Royal Golden Eagle (RGE) group, Sateri plans to invest US$200 million over the next ten years into cellulosic textile fiber research and development. The investment revealed ahead of the Textile Exchange Sustainability Conference in Vancouver will support alternative cellulose or plant-based feedstock and closed-loop manufacturing solutions.<ref>{{Cite web|last=Glover|first=Simon|title=RGE invests US$200m in textile fibre innovation|url=https://www.ecotextile.com/2019101425137/materials-production-news/rge-invests-us-200m-in-textile-fibre-innovation.html|access-date=2020-09-11|website=Ecotextile News|date=15 October 2019 |language=en-GB}}</ref>
Following the announcement, Sateri achieved a breakthrough in the commercial production of viscose using recycled textile waste in March 2020.<ref>{{Cite web|date=2020-03-24|title=Sateri Achieves Breakthrough in Commercial Production of Viscose Using Recycled Textile Waste - Bio-based News -|url=http://news.bio-based.eu/sateri-achieves-breakthrough-in-commercial-production-of-viscose-using-recycled-textile-waste/|access-date=2020-09-11|website=Bio-based News|language=en}}</ref> This is followed by the unveiling of Sateri’s Finex as its new product brand for recycled fiber. Finex, short for ‘Fibre Next,’ is an innovative next-generation cellulosic fiber-containing recycled content.<ref>{{Cite web|title=Sateri's new recycled fibre Finex now in stores|url=https://www.innovationintextiles.com/sateris-new-recycled-fibre-finex-now-in-stores/|access-date=2020-09-11|website=www.innovationintextiles.com}}</ref>
In May 2020, Sateri began Lyocell production in Rizhao, Shandong, China.<ref>{{Cite web|date=2020-05-28|title=Sateri begins lyocell fibre production in China|url=https://www.just-style.com/news/sateri-begins-lyocell-fibre-production-in-china_id138827.aspx|access-date=2020-12-22|website=www.just-style.com}}</ref><ref>{{Cite web|last=Friedman|first=Arthur|date=2020-06-08|title=Sateri Enters China's Viscose Market With New Recycled Fiber|url=https://sourcingjournal.com/topics/raw-materials/sateri-china-viscose-market-recycled-fiber-production-lafuma-outdoor-214666/|access-date=2020-12-22|website=Sourcing Journal|language=en-US}}</ref>
==Ownership== Sateri's businesses were previously listed as "Sateri Holdings Limited" on the Hong Kong stock exchange from 2010<ref name=reuters>{{cite news|url=https://www.reuters.com/article/sateri-debut/billionaire-controlled-sateri-shares-flat-on-hk-debut-idUSTOE6B703420101208|title=Billionaire-controlled Sateri shares flat on HK debut|date=8 December 2010|access-date=10 May 2019|work=Reuters}}</ref> to 2016.<ref name=delist/> Sateri Holdings, as of 2010, was majority owned by Sukanto Tanoto and his family.<ref name=reuters/>
In 2014 Sateri Holdings VSF businesses in China, were sold to Royal Golden Eagle, which was also controlled by the majority shareholder of the listed company, Sukanto Tanoto.<ref>{{cite news|url=https://www2.hkej.com/instantnews/announcement/article/900520/%E8%B3%BD%E5%BE%97%E5%88%A9%E7%8D%B2%E6%8E%A7%E8%82%A1%E8%82%A1%E6%9D%B1%E6%B4%BD%E8%B3%BC%E9%BB%8F%E8%86%A0%E7%9F%AD%E7%BA%96%E6%A5%AD%E5%8B%99|script-title=zh:賽得利獲控股股東洽購黏膠短纖業務|department=online "instant news"|newspaper= Hong Kong Economic Journal|date=16 September 2014|access-date=10 May 2019|language=zh-hk}}</ref><ref name=2014spinoff>{{cite news|url=https://www.finet.hk/Newscenter/news_content/548832fa8340def759a23799|script-title=zh:賽得利擬向控股股東售中國黏膠短纖業務|department="港股直擊" section|website=Finet|location=Hong Kong|date=30 October 2014|access-date=10 May 2019|language=zh-hk}}</ref><ref>{{cite news|url=https://www.finet.hk/newscenter/news_content/548832fa8340def759a23799|script-title=zh:賽得利擬向控股股東售中國黏膠短纖業務|department="港股直擊" section|website=Finet|publication-place=Hong Kong|language=zh-hk}}</ref><ref>{{Cite press release|url=http://www3.hkexnews.hk/listedco/listconews/SEHK/2014/1217/LTN20141217412.pdf |title= COMPLETION OF THE DISPOSAL OF THE VISCOSE STAPLE FIBER BUSINESS IN THE PRC|date=17 December 2014|publication-place=Hong Kong|access-date=10 May 2019 |publisher=Sateri Holdings|via=Hong Kong Exchanges and Clearing Limited}}</ref> The listed company was renamed to "Bracell Limited" on 30 January 2015<ref>{{Cite press release |url=http://www3.hkexnews.hk/listedco/listconews/SEHK/2015/0226/LTN20150226630.pdf |title=CHANGE OF COMPANY NAME AND STOCK SHORT NAME AND AMENDMENT TO THE BYE-LAWS OF THE COMPANY |date=26 February 2015 |publisher=Bracell |publication-place=Hong Kong |access-date=10 May 2019 |via=Hong Kong Exchanges and Clearing Limited |archive-date=6 May 2016 |archive-url=https://web.archive.org/web/20160506214854/http://www.hkexnews.hk/listedco/listconews/SEHK/2015/0226/LTN20150226630.pdf |url-status=dead }}</ref><ref>{{Cite news |date=January 22, 2015 |title=Sateri Holdings Limited changes name to Bracell Limited |url=https://www.lesprom.com/en/news/Sateri_Holdings_Limited_changes_name_to_Bracell_Limited_65746/ |url-status=live |access-date=November 27, 2025 |work=Lesprom}}</ref> and then also privatised by Royal Golden Eagle in October 2016.<ref name=delist>{{cite news|url=http://www.takungpao.com.hk/finance/text/2016/1024/32856.html|script-title=zh:Bracell私有化完成 今退市|date=24 October 2016|newspaper=Ta Kung Pao|publication-place=Hong Kong|language=zh-hk}}</ref>
== References == {{Reflist}}
== External links == * {{official website|http://www.sateri.com|Official website of Sateri}} {{in lang|en|zh}} * [http://www.bracell.com Official website of Bracell] {{in lang|en|pt}}
Category:Companies formerly listed on the Hong Kong Stock Exchange Category:Forest products companies of China Category:Companies of Brazil