Jiaxing Weixing Chemical Co., Ltd. in Zhejiang Province invests 569 million yuan in a technological upgrade project for green acrylate production

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Project Name: Green Upgrade Technology Transformation Project for Acrylate Products at Satellite Chemical Co., Ltd.
Launch Date: September 25, 2025
Location: Zhejiang Province
Industry/Project Type: Chemicals and Pharmaceuticals/Chemical Raw Materials and Chemical Products/Chemical Raw Materials
Project Owner: Satellite Chemical Co., Ltd.
Total Investment: 569.79 million yuan
Current Progress: Project registration completed
Construction Location: No. 1381, Bujiao Road, Industrial Park, Jiaxing City, Zhejiang Province
Project Details: The project involves the demolition of the existing acrylate production facility (Phase I), which has an annual production capacity of 40,000 tons of acrylate. A new acrylate production facility with an annual capacity of 100,000 tons, as well as a facility for producing refined acrylate with an annual capacity of 100,000 tons, will be built. The two existing acrylate production facilities (Phase II and Phase III), each with an annual capacity of 60,000 tons, will also undergo technological upgrades; their purification processes will be replaced with new ones, increasing their production capacity to 70,000 tons per year each. Upon completion of these upgrades, the total annual production capacity will be 240,000 tons of acrylate and 100,000 tons of refined acrylate. Technical upgrades were carried out on the 45,000 tons per year methyl acrylate production unit of the acrylic acid plant (Phase I), resulting in a flexible production facility capable of producing 45,000 tons per year of both methyl acrylate and ethyl acrylate. This project includes upgrades to storage, transportation, and auxiliary facilities: ① Expansion of the propylene storage tanks – 3 additional propylene tanks will be added, bringing the total capacity to 8,000 m3 ； ②Create new air separation/compression ； ③Build new loading/unloading quay ； ④Create a new order processing room ； ⑤Build a new tank truck parking lot ； ⑥Expansion of fire water tank ； ⑦Improvement of the treatment capacity of sewage treatment plants ； ⑧Expansion of Tank Area 3 in the East Plant Area ； ⑨Construct a new 110KVA substation. This project, along with the supporting utilities, roads, pipeline networks, and other facilities. Progress milestone: September 24, 2025 – Project registration has been completed. (Project Filing)