Best Industries for Entrepreneurs Seeking to Innovate

Self-motivated individuals are constantly on the lookout for new streams of income. Entrepreneurs seek to utilize their own talents and capitalize on needs across a variety of industries. The greatest investors and leaders have one main thing in common – they never stop looking for the next big thing. Here are some of the best business opportunities for those who want to instigate innovative change.

Capital Funding

Finance may not seem like a good choice for entrepreneurial innovation but look beneath the surface. Microlending programs, angel investors, and moderate interest rate loans have backed numerous startups. Over the years, many of these investments changed the world in terms of healthcare, research, and information technology. Without innovative investors willing to take a chance on an unknown company, many of today’s conveniences would not even exist. Related investment opportunities are also available in cryptocurrencies and crowdfunding options.

Biotechnology

The field of biotechnology continues to grow at a rapid pace and creates a number of successful entrepreneurs. This process requires coupling existing living organisms with one or more technologically advanced processes. With each new development, additional possibilities emerge. Thynk Capital founder Jim Plante exemplifies entrepreneurial success in the biotech sector. The understanding and use of biology to manipulate living organisms in a way that benefits humanity is an excellent way to innovate change.

Human Services

New areas of health and human services are emerging as a result of the modern dependence on technology. The human psyche was not meant for the constant distractions of our personal electronic devices. Likewise, the incessant comparisons encouraged by social media platforms have created a number of new research studies. The end result of human dependency on technology is the crucial need to relax, unwind, and restore personal happiness. Stress relief comes in many forms, such as aromatherapy, group therapy, and meditation. The hospitality and fitness industries need more innovative entrepreneurs to take advantage of these new and underserved markets.

Artificial Intelligence

Robotics and artificial intelligence (AI) are behind a surprising number of inventions. Medical technology utilizes these features to create replacement limbs and enhance organ function. Smartphone technology, online shopping sites, and self-driving cars all rely on AI advancements. Self-learning machines help provide assistance to deaf and blind individuals. The same technology helps predict potentially harmful weather patterns and natural disasters.

Renewable Energy

Entrepreneurs today are very conscious of their carbon footprint and mimic the general household, which is concerned about the general state of the environment. Research and process improvements in search of renewable energy sources are among the most cutting edge investment opportunities. Hydro, wind, and solar energy options are bringing stable infrastructure to emerging nations. The environmentally friendly harvest and maintenance of natural resources leave room for profit and sustainability.

Agriculture

Agriculture covers everything from farming to retail food services, not to mention vineyards and other beverage producing crops. Entrepreneurs with imagination can definitely invest in agricultural and food service opportunities. Coupled with biotechnology and smart growth processes, the agricultural industry continues to expand. One main goal of research and development is to end food insecurity. Food scarcity and droughts have caused malnutrition and a host of other health problems in developing nations since the beginning of time. Innovative ideas are needed to finally end this stigma.

An Introduction to Sateri: Royal Golden Eagle’s Main Manufacturer Of Viscose Rayon

Royal Golden Eagle, formerly known as Raja Garuda Mas, is the parent company of multiple successful companies. One of the most-renowned is Sateri, RGE’s primary producer of viscose rayon.

Sateri was founded in 2002 by Indonesian businessman Sukanto Tanoto, who also founded Royal Golden Eagle, and was established in China. In that same year, construction of the company’s viscose staple fibre mill began in Jiujiang.

Today, with an annual capacity of 1.1 million metric tonnes of viscose fibre produced from four viscose mills, Sateri is the largest viscose fibre manufacturer in the world. On top of all that, Sateri is committed to environmental protection, sustainability, and responsible production throughout the production process.

Its mills use European technology to produce viscose from 100% dissolving wood pulp for better quality and purity. The end product is a sustainable fibre that has a variety of uses from fashion fabrics to home textiles, beauty masks, and baby wipes.

Sateri’s mills are state-of-the-art and qualified. All of them have achieved the STeP by OEKO-TEX® and STANDARD 100 by OEKO-TEX® certifications. Moreover, they have achieved the Chain of Custody (CoC) certification from the Programme for the Endorsement of Forestry Certification™ (PEFC™), and are certified under ISO 9001 and ISO 14001.

Sateri is also among the first to have its viscose mills complete the Higg Facility Environmental Module (Higg FEM) assessment, and the first viscose-producing company to carry the MADE IN GREEN by OEKO-TEX® product label. This label independently verifies the company’s viscose products as responsibly produced and safe.

What is Viscose?

The key facets of viscose are that it is natural, biodegradable, comfortable, renewable, and sustainable.

Viscose is incredibly versatile. It is used to make everyday products like clothing, home fabrics, and hygiene products.  Viscose fibre is made from wood cellulose, and looks and feels a lot like cotton. It also shares other distinct properties of cotton, such as absorbency, breathability, and comfort.

When it comes to manufacturing clothing, viscose is easy to dye, and can be knitted or woven to make baby clothes, dresses, underwear, shirts, and skirts.

Viscose is a high-end material for home fabrics, such as bed sheets, curtains, drapes, furniture covers, tablecloths, towels, and napkins.

Sateri’s viscose is made from cellulose pulp taken from sustainably managed plantations of acacia and eucalyptus. That makes it a more natural, biodegradable, and sustainable alternative to petroleum-based synthetic fabrics like acrylic, nylon, and polyester. What’s more, commercial demand for viscose rayon has been on the rise.

Producing Viscose Fibre

The production of viscose fibre starts in Sateri’s renewable tree plantations. Wood logs are stripped of bark, cut into wood chips, and processed in large digesters to remove the lignin that binds the fibres together. A few rounds of cleaning and filtering later, the end result is dissolvable wood pulp.

The pulp is then further dissolved to form a viscous liquid that is later crystallised as regenerated cellulose threads. These are the viscose fibres that will be used to make Sateri’s diverse inventory of viscose products.

For absorbent, soft, and silky pieces of clothing, the viscose fibres are spun into yarns in a process called spinning. The newly formed yarns will then be knitted or woven into a suitable fabric for making clothing.

To produce hygiene products like facial masks and wet wipes, the viscose fibres are bonded together by a non-woven technology that entangles the fibres thermally and mechanically.

Products

he list of products from Sateri include:

  1. Ecocosy textile fibres
  2. Ecocosy non-woven fibres
  3. Viscose yarn

Ecocosy Textile Fibres

Sateri’s main product in this category is viscose. The superfine fibres of this material make it soft, breathable, and light. The fibres also occupy a relatively large surface area, making them more conducive to dye, and further aid colour radiance and saturation.

Sateri’s main applications of viscose are for producing knitted fabrics (e.g. dresses, T-shirts, and high-end knitted wear), woven fabrics (e.g. shirts, denims, and casual clothing), and home textiles (e.g. bedding sheets, decorative fabrics, high-end towels, napkins, and tablecloths).

Ecocosy Non-Woven Fibres

Sateri recognises that purity is an essential aspect of products that are applied on the skin. Hence, the company only uses 100% cellulose fibre that is not only soft and absorbent, but also free from harmful substances.

The numerous hygiene products they produce from non-woven fibres have a wide range of applications from hygiene and skin care to medical dressings. The naturally derived purity of the fibres also makes them fully biodegradable and minimises pollution to the environment.

Viscose Yarn

In 2016, Sateri purchased a spinning mill in China from Austrian company, Linz Textil, to further expand its capabilities in viscose production.

Today, Linz (Nanjing) Viscose Yarn Co. Ltd. delivers high quality open-end products made from viscose yarn, giving Sateri a strong foothold in the spinning industry. Sateri also hopes to add more spinning machines and other technologies to expand its product inventory as well as develop new products.

Operations

Since its establishment in 2002, Sateri has grown steadily while also making a few notable leaps forward.

Sateri Jiangxi

Established in 2004 in Jiujiang, Sateri (Jiangxi) Chemical Fibre Co. Ltd. was Sateri’s first mill in China. Its location close to the Yangtze river gives it good connectivity for shipping operations.

Following the addition of two new production lines in 2010, the mill now has a capacity of 160,000 tons.

Sateri Fujian

Following an investment of $500 million, Sateri (Fujian) Fibre Co. Ltd. opened in 2013 as one of the newest and best-designed manufacturing plants in the world. it produces two main types of fibres, regular and specialty, for use in microdenier and high-end non-woven products.

Sateri Jiujiang

Sateri (Jiujiang) Fibre Co. Ltd., formerly owned by Jiangxi Longda, was acquired by Sateri in 2015. Like Sateri Jiangxi, this mill is also located close to the Yangtze river for convenient access and connectivity. Sateri has significant expansion plans for its current three lines and 105,000 ton capacity.

Sateri Jiangsu

Located in Suqian, Jiangsu Province, Sateri (Jiangsu) Fiber Co. Ltd. was acquired from Jiangsu Xiangsheng Viscose Fiber Co. Ltd. earlier this year. It is one of Sateri’s larger mills with six production lines and a capacity of 250,000 tons and a crucial asset for bringing Sateri closers to its partners downstream and more customers, particularly in the northern China market.