[2][3] Sateri started operating in 2002 when it began building a viscose staple fibre (VSF) mill near the city of Jiujiang in southeastern China.
[citation needed] The company has stated that it has Swiss-based Oeko-Tex certification and describes its fiber products as "free from harmful substances" while "complies with European Union regulations.
[15] As part of the Royal Golden Eagle (RGE) group, Sateri plans to invest US$200 million over the next ten years into cellulosic textile fiber research and development.
The investment revealed ahead of the Textile Exchange Sustainability Conference in Vancouver will support alternative cellulose or plant-based feedstock and closed-loop manufacturing solutions.
[21] In 2014 Sateri Holdings VSF businesses in China, were sold to Royal Golden Eagle, which was also controlled by the majority shareholder of the listed company, Sukanto Tanoto.
[23][7][24][25] The listed company was renamed to "Bracell Limited" on 30 January 2015[26][non-primary source needed] and then also privatised by Royal Golden Eagle in October 2016.