RGE Provides Second Annual Update on US $ 200 Million Commitment to Next Generation Textile Fiber Technology and Innovation | Taiwan News
SINGAPORE – Media OutReach – November 19, 2021 – The RGE group of resource-based companies has released its 2021 progress report on its commitment to invest $ 200 million in next-generation textile fiber innovation and technology on a ten-year period that began in 2019.
The annual report takes stock of the activities carried out by RGE’s business groups (Sateri, APR, APRIL, Bracell) involved in the fashion value chain to advance its ambition towards closed-loop, circular cellulosic fiber. and climate positive.
Bey Soo Khiang, Vice President of RGE, said, âOur accomplishments this year underscore our commitment to continuous improvement in clean production and efficient use of resources. part of our commitment to closed-loop, cleaner production. “
In 2021, Sateri fully complied with the emission limits set out in the European Union‘s Best Available Techniques Reference Document (EU-BAT BREF) for all of its five viscose factories in China, with two years of ‘advance. Bracell has completed construction of the world’s largest and greenest next-generation pulp mill in SÃ£o Paulo, which uses cutting-edge technology for fossil-fuel-free production.
Amid the COVID-19 pandemic continuing to restrict travel and collaboration, RGE has persisted in building on existing partnerships, while entering into new agreements. Sateri strengthened its strategic collaboration with Infinited Fiber Company, participating in the company’s â¬ 30 million funding round, which attracted new and existing investors such as H&M Group, Adidas, BESTSELLER and Zalando.
New partnerships formed by RGE included a five-year textile recycling research collaboration with Singapore’s Nanyang Technological University and a three-year strategic partnership with the Singapore Textile and Fashion Federation which aims, between other objectives, to advance research and innovation in circular economy approaches. to fashion waste in Asia.
RGE’s internal R&D team has made good progress in advancing its textile-to-textile project, focusing on the production of quality viscose using recycled cotton textiles as a raw material. To support plans to build a textile recycling facility in Indonesia and as part of a business feasibility analysis, studies examining the availability of textile waste and textile recycling landscapes in China, Indonesia, China Sri Lanka and Bangladesh were carried out.
Sateri remains on track to develop a product with 50% recycled content by 2023 and to reach 100% by 2030. It also aims for 20% of its raw material to contain alternative or recycled materials from by 2025. Likewise, APR will source 20 percent of its raw materials from alternative or recycled materials by 2030.
The RGE group of resource-based companies, founded by Sukanto Tanoto in 1973, is the largest producer of viscose in the world, through its Sateri and APR groups of companies, with a strong presence in Asia where the growth of the Textile demand intersects with the center of textile production, giving the company a unique opportunity to drive change across the industry.
Download the RGE 2021 Next Generation Textile Fiber Technology and Innovation Progress Report.
RGE Pte Ltd operates a group of resource-based manufacturing companies with global operations. Our work extends from the upstream, including the sustainable development and harvesting of resources, to the downstream, where our companies create a variety of value-added products for the global market. Our commitment to sustainability underpins our operations, as 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.
RGE was founded in 1973. The assets held by RGE companies today exceed US $ 20 billion. With over 60,000 employees, we have operations in Indonesia, China, Brazil, Spain and Canada and continue to expand to reach new markets and communities.