# Satellite Chemical to invest $43M in 260,000-ton emulsion project in Jiaxing

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.

- Type: Expansion
- Announced: 2022-12-30
- Where: Jiaxing, Zhejiang, China
- Value: $43.0M (319.8M CNY)
- Status: announced
- Capacity: 260,000 tons per year
- Products: water-based polymer emulsion
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

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

## Sources

- [echemi.com](https://www.echemi.com/cms/1144294.html), 2022-12-30: "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"

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