I think your plant is a Dracaena Mass Cane. The problem you are describing sounds like Mealy Bug. Mealy Bug will look almost like white lint to most people; the sticky substance would be the “Honey Dew” created by the Mealy Bug, this is excrement from the bugs. The bugs will likely be found concentrated in the foliage crowns; the crowns will probably need to be cut out to begin treating the plant. The Mealy Bug, and its Honey Dew will need to be wiped clean off of the plant frequently to control the pest problem.