Singapore based Royal Golden Eagle (RGE) is a leading resource-based manufacturing group has plans to invest $200mn in next 10 years into cellulosic textile fibre research and development.
Details are provided below:
- The investment is divided into 70:20:10 in three areas, respectively: clean technology in fibre manufacturing, bringing pilot scale production to commercial scale, and in R&D
- Bey Soo Khiang, Vice Chairman of RGE, said: 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 realise 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.