Updates

Sateri Focuses on Viscose Staple Fiber and Specialty Pulp Segments

In the announcement of the unaudited results for the six months ended June 2014, Sateri Holdings Limited reported increased revenue despite declining product prices, as operations were ramped-up at the new viscose staple fiber (VSF) plant in Fujian, China, which commenced production in December 2013. With three of the four production lines of the new Fujian VSF plant now in operation, Sateri is now focused on two products – VSF and specialty-grade dissolving wood pulp (DWP), thereby reducing exposure to market price fluctuations in the rayon-grade DWP market.

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Sukanto Tanoto stays committed to sustainable development and conservation of natural resources

Sukanto Tanoto owns world-largest integrated pulp and paper mill; plants 200 million seedlings every year.

Sukanto Tanoto, who dropped out of school at a young age, spent nearly 50 years building RGE Group, an international group with USD15billion assets and 50,000 employees. The group owns the world's largest integrated pulp and paper mill as well as palm oil plantations with an area equal to one and a half times that of Singapore. How does the Indonesian tycoon, who has established his business headquarters in Singapore, ensure the sustainability of his business by integrating the concept of environmental protection? What advice does he have to offer to young entrepreneurs?

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Tanoto Foundation’s Gift to Advance Research in Cardiovascular Medicine

The National Heart Research Institute Singapore (NHRIS) was launched by President Tony Tan at the SingHealth Duke-NUS Scientific Congress 2014, which is a platform to showcase the latest medical developments. This new research institute is a collaboration between the National Heart Centre Singapore and Duke-National University Singapore (NUS), and it will focus on research themes such as blood vessel functions, genetics and metabolic heart diseases.

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Mid-autumn Festival Gifts from Asia Symbol

The annual mid-autumn festival Mid Autumn Festival is approaching. The festival is held on the 15th day of the eighth month in the lunar calendar, which is when family and friends come together to celebrate the harvest and offer prayers and thanksgiving. On this occasion, many families today still practice this popular tradition of having outdoor reunions among friends and relatives to eat mooncakes and watch the full moon, which is a symbol of harmony and unity. There is a saying that “A person thinks of family or loved ones especially more during such festive occasions”.

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Sukanto Tanoto Website

Sukanto Tanoto is a visionary entrepreneur and philanthropist. He is the Founder and Chairman of Royal Golden Eagle (RGE), which manages a global group of companies in resources manufacturing. Tanoto is also the co-founder of Tanoto Foundation, a philanthropy that aims to improve lives by alleviating poverty.