SINGAPORE – Sateri, the world’s largest viscose producer and a member of the RGE group of companies, has expanded its collaboration with textile recycling group Infinited Fiber Company by participating in the company’s latest €30m funding round. In addition to existing investors like Sateri, the latest funding round attracted new investors including adidas and Bestseller.
In 2019, RGE announced plans to invest US$200m over the next ten years into cellulosic textile fibre research and development.
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