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Sateri acquires Funing Aoyang 10th May 2021 Shanghai-headquartered Sateri is to acquire the viscose fibre business of Funing Aoyang, to bring its total number of viscose mills in China to six and boost its total annual production capacity to more than 1.8 million tons. Funing Aoyang is a subsidiary of listed company Jiangsu Aoyang Health Industry. Its annual 330,000-ton mill is located in Funing, Jiangsu.  “This acquisition will boost Sateri’s market footprint and further strengthen our ability to serve customers in eastern and northern China,” said president, Allen Zhang. “We will i...

Sateri acquires Funing Aoyang’s viscose fibre business Acquisition will bring Sateri’s total number of viscose mills in China to six and total annual production capacity to more than 1.8 million tonnes. 7th May 2021 Sateri, the world’s largest producer of viscose fibre, has entered into agreement with Funing Aoyang Technology Co., Ltd. (Funing Aoyang) to acquire its viscose fibre business. The acquisition is part of Sateri’s growth strategy which will bring Sateri’s total number of viscose mills in China to six and total annual production capacity to more than 1.8 million tonnes. Fu...

Fibre2Fashion Toggle navigation 07 Pic: Sateri Sateri, the world's largest producer of viscose fibre, has entered into agreement with Funing Aoyang Technology to acquire its viscose fibre business. The acquisition is part of Sateri’s growth strategy which will bring Sateri’s total number of viscose mills in China to six and total annual production capacity to more than 1.8 million tonnes.   Funing Aoyang is a subsidiary of listed company Jiangsu Aoyang Health Industry. Its 330,000-tonne per annum mill that will be acquired by Sateri under the agreement...

May 7, 2021 SHANGHAI — May 7, 2021, 2021 — Sateri has entered into agreement with Funing Aoyang Technology Co., Ltd. (Funing Aoyang) to acquire its viscose fibre business. The acquisition is part of Sateri’s growth strategy which will bring Sateri’s total number of viscose mills in China to six and total annual production capacity to more than 1.8 million tonnes. Funing Aoyang is a subsidiary of listed company Jiangsu Aoyang Health Industry Co., Ltd. Its 330,000-tonne per annum mill that will be acquired by Sateri under the agreement, is located in Aoyang Industrial Park, ...