Market Bulletin: Sai Deli Jiangsu Fiber Project Put Into Operation

In January 30th, Sai Deli Jiangsu fiber project was successfully put into operation.

Sai Deli, as the world's largest and technically advanced cellulose fiber group, has been committed to the comprehensive development and utilization of green renewable resources, and has carried out the principles of sustainable development and social and environmental responsibilities throughout all aspects of production and operation. With the principles of quality, efficiency, energy conservation and emission reduction and environmental harmony, we strive to achieve the most effective production and make due contributions to the development of local and regional economies.

It is understood that the registered capital of Sai Deli Jiangsu project was 780 million yuan, an investment agreement was signed in April 28, 2018 and a lease contract was signed in August 11, 2018.

In order to resume production as soon as possible in accordance with the law, the company invested funds and purchased equipment to upgrade and upgrade its existing equipment from safety, environmental protection and efficiency. As of the end of December 2018, the Jiangsu company invested nearly 500 million yuan in maintenance and renovation.