Satellite Petrochemical

Activity by year

202120222023202420252026

New facilityPartnership

Mar 14, 2021NEW FACILITYLianyungang, Jiangsu Province, China$175.0M
SK global chemical to build EAA packaging material plant in China
SK global chemical will form a joint venture with Satellite Petrochemical to build a 40,000-ton-per-year ethylene acrylic acid plant in Lianyungang, China, with a total investment of 200 billion won ($175 million).
SK Global Chemical Co.Zhejiang Satellite partner Satellite Petrochemical partner #Specialty Chemicals #Packaging en.yna.co.kr koreaherald.com chemengonline.com
Mar 11, 2021PARTNERSHIPXuwei New District, Lianyungang, Jiangsu Province, China$163.0M
Satellite Petrochemical and SKGC to build $163M EAA plant in Lianyungang
Satellite Petrochemical's subsidiary Sandre and SK Global Chemical (China) signed a memorandum to form a joint venture in Xuwei New District, Lianyungang, to build and operate a 40,000-ton/year ethylene acrylic acid copolymer plant with a total investment of about $163 million. SKGC will hold 60% and Sandre 40%.
SK Global Chemical Co. partner Satellite Petrochemical partner #Specialty Chemicals #Plastics and Polymers echemi.com

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