# Satellite Chemical and SK Geo Centric break ground on ethylene acrylic acid plant in Lianyungang

Satellite Chemical and SK Geo Centric broke ground on a new ethylene acrylic acid plant in Lianyungang's Xu Wei new district. The first phase, costing CNY1.6 billion, will have an annual output of 40,000 tons and is expected to start operations in 2025.

- Type: New facility
- Announced: 2023-06-17
- Where: Lianyungang, Jiangsu, China, China
- Value: $229.0M (1.60B CNY)
- Starts operating: 2025
- Status: under construction
- Capacity: 40,000 tons per year
- Products: ethylene acrylic acid
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [SK Geo Centric](https://endata.com/companies/59265.md) (partner)
- [Satellite Chemical Co., Ltd.](https://endata.com/companies/63127.md) (partner)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/20230619-16-chinas-satellite-chemical-gains-on-plan-to-build-usd36-bln-alpha-olefin-industrial-park), 2023-06-19: "Satellite Chemical’s new ethylene acrylic acid factory that it is building with South Korea’s SK Geo Centric broke ground on June 17 in Lianyungang’s Xu Wei new district, it said today."

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