High-end transformation makes another move! Satellite Chemical's fine additives project enters the stage of environmental assessment draft approval

Project Investment and Production Capacity Planning

The project has a total investment of 20.1193 million yuan and a planned total production capacity of 300 tons per year, including two product units: 200 tons/year of environmentally friendly and environmentally friendly heteroatom functional chemicals (formaldehyde-free reducing agents) and 100 tons/year of environmentally friendly and environmentally friendly heteroatom functional chemicals (polyphosphate esters).

The formaldehyde-free reducing agent is an ecological stability-friendly functional chemical that avoids the formaldehyde residue issue of traditional reducing agents; polyphosphate esters belong to high-performance flame retardant and material modification auxiliaries, which are mostly applied in engineering plastics, electronic and electrical material systems. Both types of items have high technical thresholds and are key supporting raw materials in the polymer material modification link.

Product Characteristics and Downstream consumption Scenarios

The items planned this time are high value-added functional auxiliaries, which have the characteristics of small addition amount and outstanding modification benefits. A small amount of addition can significantly enhance the weather resistance, antistatic performance and material structure stability of polyolefins, electronic resins, composite materials and manufacturing coatings.

The downstream applications cover high-development tracks such as new energy, electronic manufacturing and high-end building materials, adapting to scenarios such as power battery materials, plastic parts of electronic components, high-end building polymer materials and special manufacturing coatings. It belongs to the "small variety, high value" special auxiliaries in the fine chemical sector.

manufacturing Chain Coordination and Strategic Significance

The project is located in Jiaxing Port Area, relying on the mature supply of basic raw materials such as ethylene and acrylic acid in the park, which can obtain upstream raw materials nearby, minimize raw material transportation costs, and give full play to the supporting advantages of Satellite Chemical's C3/C4 manufacturing chain integration.

while the scale of this project is not substantial, it is positioned as high-end fine chemicals, which forms a strategic echo with the company's special acrylate project in Lianyungang base. Through the parallel layout of substantial and small projects, the company is promoting the extensive landing of bulk special monomers on one hand, and tackling high-end fine auxiliaries on the other hand, continuously optimizing the product structure and extending from traditional petrochemical raw materials to high value-added new materials.

The market will continue to track the final approval of the project's environmental impact assessment, the progress of construction and production, and the progress of downstream customer verification of new items.