INDONESIA’S VISCOSE FIBRE INDUSTRY SURGES AMIDST GLOBAL DEMAND, SUSTAINABILITY CONCERNS
June 4th, 2024
Indonesia's viscose fibre industry is experiencing solid growth, driven by a shift in global consumption patterns and significant investments in domestic production capacity.
The country’s government has also taken steps to support the industry through incentives, trade negotiations and regulations promoting sustainable practices, stressed industry insiders. These have been combined with incentives such as tax holidays and tax allowances to attract investment in the rayon industry, they said.
"The global consumption of viscose has grown substantially, now ...
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