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Satellite Chemical signed an agreement to build a 300,000-ton-per-year super absorbent polymer (SAP) plant in Jiaxing, Zhejiang, China, with a total investment of 1.2 billion yuan, expected to generate over 3 billion yuan in annual output.
“新项目总投资12亿元,其中固定资产投资超10亿元,新建总建筑面积约5.6万平方米,将建成年产30万吨高吸收性树脂的产能。”finance.sina.com.cn
Summarized from public sources; check the original articles before acting on it.