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Satellite Chemical Co., Ltd. plans to invest 319.83 million yuan (approx. $43 million) in a technical renovation project to produce 260,000 tons per year of green water-based polymer emulsion series products at its existing plant in Jiaxing, Zhejiang.
“With a total investment of 31.9830,500 yuan, the construction unit will use the open space to the north of the existing sol-workshop in the east factory area to build a new production facility for green environment-friendly water-based polymer emulsion series products with an annual output of 260,00”echemi.com
Summarized from public sources; check the original articles before acting on it.