Satellite Chemical and SK Zhixin to build Asia's first EAA unit in Lianyungang

Satellite Chemical and SK Zhixin (a wholly owned enterprise of SK Group) formed a joint venture, Sino-Korean Kerui New Materials (Jiangsu) Co., Ltd., to build Asia's first EAA (ethylene-acrylic polymer) unit in Lianyungang, China. The project has a total investment of about 1.64 billion yuan, a production scale of 40,000 tons/year, and is planned to start piling in June 2023 and put into production in 2025.

“The project is the first installation in Asia, with a total investment of about 1.64 billion yuan, covers an area of about 108 mu and a production scale of 40,000 tons/year.”echemi.com

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• echemi.comSatellite Chemical and SK Zhixin have formed a joint venture to build Asia's first EAA unitMar 27, 2023

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