SINGAPORE, October 16, 2019-

Leading resource-based manufacturing group Royal Golden Eagle (RGE) has announced plans to invest US$200 million over the next 10 years into cellulosic textile fibre research and development.

The investment, revealed ahead of the Textile Exchange Sustainability Conference in Vancouver, will support solutions in alternative cellulose or plant-based feedstock and closed-loop manufacturing. The target allocation for the investment is70:20:10 in three areas, respectively: scaling up proven clean technology in fibre manufacturing, bringing pilot scale production to commercial scale, and R&D in emerging frontier solutions.

Nonwovens Markets subscribers - click here to read the full article.

Not a subscriber?

Try Nonwovens Markets free!