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Satellite Chemical Co., Ltd. signed the Acrylate Green Upgrading and Renovation Project in Nanhu District, Jiaxing, Zhejiang, with a total investment of 7.4 billion yuan. The project will dismantle an old 40,000 t/y acrylic acid plant and build new units, increasing overall capacity to 240,000 t/y acrylic acid and 100,000 t/y refined acrylic acid.
“With a total investment of 7.4 billion yuan, this project adopts an innovative model of 'zero-land-increase-production and capacity-expansion-efficiency-improvement' to systematically upgrade existing production facilities.”hzeyun.com
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