Sateri Joins Business Alliance for Voluntary Pollution Reduction and Carbon Reduction in Jiangxi Province

SHANGHAI, July 6, 2022 /PRNewswire/ — Sateri, the world’s largest producer of viscose fiber, a member of the Royal Golden Eagle (“EGR“) resource-oriented manufacturing enterprise group founded by Sukanto Tanotojoined the Jiangxi Provincial Enterprise Voluntary Pollution Reduction and Carbon Reduction Alliance (“Alliance“). Together with Jiangxi Copper Group, Jiangxi Building Materials Group Co., Ltd., China Huaneng Group (jiangxi branch), State Power Investment Corporation, Jiangxi Fangda Steel Group, China Petroleum & Chemical Corporation (Jiujiang branch) and other key enterprises within the Jiangxi Provincethe Alliance was created in collaboration with China celebration of the 10th national low carbon day on June 15, 2022.

Supported by the Department of Ecology and Environment of Jiangxi Province, the Alliance aims to promote pollution and carbon reduction independently through the sharing of technologies, resources and information between key industries. It also promotes the green and low-carbon development of businesses, in conjunction China “dual carbon” targets and plans to encourage green, low-carbon and sustainable production and lifestyles.

Delivering a speech on behalf of member companies at the Alliance’s inauguration ceremony, Sateri’s Vice President of Operations, Mr. Cai Zhichao, said, “We believe that the Alliance will help member companies to better understand and implement the country’s sustainable goals, optimize our energy structures through scientific and technological innovation, as well as enhance synergistic green development through information sharing. At the same time, the inclusion of major banks in the Alliance will provide strong financial support for the sustainable development of member companies.

“Sateri is committed to sustainability as a business model and has taken comprehensive action to reduce carbon emissions and pollution. In December 2020, just three months after China government proposed the “3060” target, Sateri released its “Sustainability Vision 2030”, pledging to reduce carbon emissions by 30% and achieve net zero carbon by 2050. Sateri will also launch three certified projectscarbon neutral fiber products this year,” added Cai.

As a member of the Alliance, Sateri will actively engage in the activities of Alliance member companies, increase collaborative innovation with all sectors of society, and support the achievement of green and low-emission transformation of carbon and business development within the Alliance. jiangxi.

About Sateri

Sateri is the world’s largest producer of viscose fiber, a biodegradable natural raw material found in everyday items such as textiles, wet wipes and other personal hygiene products. Our six mills China collectively produce approximately 1.8 million tonnes of viscose fiber per year. We also operate lyocell factory, yarn factory and non-woven fabric factory.

Based at Shanghaiwe have a sales, marketing and customer service network covering Asia, Europe and the Americas.

Sateri is attached to the fundamental principles of sustainable development. We actively engage with the communities living around our factories by providing employment opportunities and social services that meet community needs. Our business practices are based on strict adherence to our sustainability policy, our pulp sourcing policy, and universally accepted environmental and social standards.

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About EGR

Based at Singapore, RGE is a group of resource-based manufacturing companies with global operations. We produce sustainable natural fibers, edible oils, green packaging and clean natural gas used to create products that feed, dress and energize the world. We help improve the lives of billions of people through sustainable products they use every day. With over 25 billion US dollars of assets and 60,000 employees, we are creating a more recyclable, biodegradable and low-carbon future.

Committed to sustainability, conservation and community development, we strive to do what is good for the community, good for the country, good for the climate, good for the customer and good for the business. With ongoing operations covering Indonesia, China, Brazil, Spain and Canadawe continue to develop and conquer new markets.