Satellite Chemical Lianyungang plans to build a 200,000-ton specialty acrylate project
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Satellite Chemical to Build 200,000-Ton Special Acrylate Production Facility in Lianyungang 2026-02-26 14:27:27 On February 20, Satellite Chemical Co., Ltd. (002648.SZ) announced that it would establish a new acrylate production facility with an annual capacity of 200,000 tons at its base in Lianyungang. This facility will focus on producing high-value special acrylate products to serve emerging industries such as new energy and lightweight vehicle manufacturing. As a leading enterprise in China’s light hydrocarbon integration sector, Satellite Chemical is continuously expanding its investment in high-end new materials, thereby transforming its competitive advantages in the industry chain from those related to scale leadership to those related to value creation. According to the announcement, the newly added 200,000 tons per year acrylate production facility is located in Xuwei New Area, one of Lianyungang’s seven major petrochemical industrial parks; it represents another significant investment by Satellite Chemical in this area after years of operations there. Unlike traditional acrylates, the new projects this time focus on the field of specialty acrylates. Such products possess higher technical barriers and added value, and they are key raw materials for producing high-performance coatings, adhesives, modified plastics, and other advanced materials.
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