# Satellite Chemical invests 7.4 billion yuan in acrylate upgrade in Jiaxing

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.

- Type: Expansion
- Announced: 2025-12-12
- Where: Nanhu District, Jiaxing, Zhejiang, China
- Value: $1.01B (7.40B CNY)
- Status: announced
- Capacity: 240,000 tons/year of acrylic acid and 100,000 tons/year of refined acrylic acid
- Products: acrylic acid, refined acrylic acid, methyl acrylate, ethyl acrylate
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Satellite Chemical Co., Ltd.](https://endata.com/companies/63127.md)

## Sources

- [hzeyun.com](https://www.hzeyun.com/research/2611124.html?lang=english), 2025-12-18: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.