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Satellite Chemical Co., Ltd.’s project for upgrading production capacity to 300,000 tons per year of high-absorbency resins (civil engineering works) Project name: Satellite Chemical Co., Ltd.’s project to upgrade production capacity to 300,000 tons per year of high-absorbency resins (civil engineering phase) Start date: September 16, 2025 Location: Zhejiang Province Industry/project type: Chemicals and pharmaceuticals/Chemical raw materials and chemicals/Synthetic materials Project owner: Satellite Chemical Co., Ltd. Total investment amount: 1,222,320,000 yuan Current progress: Project registration Completed Construction location: Within the chemical industry cluster in Nanhu District, Jiaxing City, Zhejiang Province Scope of construction: The total land area is approximately 74.01 mu (of which about 45 mu is newly acquired land); new production facilities such as Workshop 4 and Workshop 5, finished product warehouses (vertical storage facilities), power distribution rooms, Class B warehouses, and liquid unloading stations will be built, enabling an annual production capacity of 300,000 tons of high-absorbency resins. Progress milestone: September 15, 2025 – The project registration was completed in August. (Project registration) June 25, 2025: China State Construction Fourth Engineering Bureau Zhejiang Branch and Satellite Chemical Co., Ltd. – project for upgrading production capacity to 300,000 tons per year of high-absorbency resins; construction contract awarded. January 18, 2025: Satellite Chemical, a leader in the industry, signs an agreement to establish a new facility in Nanhu District; investment intention confirmed
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