# Satellite Chemical to build 300,000-ton SAP plant in Jiaxing

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.

- Type: New facility
- Announced: 2025-01-18
- Where: Jiaxing, Zhejiang, China
- Value: $165.0M (1.20B CNY)
- Status: announced
- Capacity: 300,000 tons of SAP annually
- Products: super absorbent polymer (SAP)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

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

## Sources

- [finance.sina.com.cn](https://finance.sina.com.cn/roll/2025-01-20/doc-inefrakc9022075.shtml), 2025-01-20: "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。"

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