RGE invests $200 M in Next-Generation Textile Fibres

Royal Golden Eagle (RGE) – a major resource-based manufacturing group from Indonesia – recently announced plans to invest US$200 million over the next 10 years into cellulosic textile fibre research and development. The investment is to be made in order to create solutions in alternative cellulose or plant-based feedstock and closed-loop manufacturing.

Bey Soo Khiang, the company’s Vice Chairman states: “This is a strategic business growth area for RGE. Our integrated portfolio of companies across pulp, fibre and yarn production puts us in a unique upstream position in the textile value chain to realize commercial scale and affordable solutions that support downstream manufacturers and brands. We aspire not just to be the largest viscose producer but also to be a leader in sustainable textile fibre production through innovation.”

Through its business groups Sateri in China and Asia Pacific Rayon (APR) in Indonesia, Singapore-based RGE is the world’s largest viscose producer with a total annual production capacity at 1.4 million tons. The company’s in-house R&D teams conduct research on alternative cellulosic feedstock, such as agricultural waste and recycled cotton, as well as closed-loop manufacturing for viscose production, in collaboration with leading universities and global R&D centres.