Satellite Chemical Co., Ltd.: Business Overview, Financials & Competitive Analysis
Satellite Chemical Co., Ltd. scores 7/10 on the AskCyborg Cyborg Score (Strong). Vertically integrated petrochemical producer with cost advantages from light hydrocarbon routes and expanding capacity in high-margin specialty chemicals. Net income attributable to equity holders was 3.693 billion yuan with a year-on-year increase of 7.64% from January to September 2024. The company demonstrates solid market positioning with integrated supply.
What is Satellite Chemical Co., Ltd.'s industry? Satellite Chemical Co., Ltd. (stl-chem.com) operates in Specialty Chemicals & Petrochemicals. AskCyborg classifies Satellite Chemical Co., Ltd. under Specialty Chemicals & Petrochemicals in its company registry.
Satellite Chemical is a low-carbon chemical company that manufactures and sells functional chemicals, new polymer materials, and new energy materials in China and internationally. The company has formed a dual-industr...
Cyborg Score thesis
Vertically integrated petrochemical producer with cost advantages from light hydrocarbon routes and expanding capacity in...
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Get Current Report FreeSatellite Chemical Co., Ltd. Overview
Pro stress-test →Satellite Chemical is a low-carbon chemical company that manufactures and sells functional chemicals, new polymer materials, and new energy materials in China and internationally. The company has formed a dual-industrial chain with C2 and C3, making them the first company using ethane cracker as well as with integrated C3 industrial chain in China.
Strategic Profile
Pro stress-test →Its products are used in aerospace, new energy vehicles, electronic chips, green infrastructure, and healthcare. The company benefits from reduced ethane import tariffs, with 2.5 million tons of ethylene capacity corresponding to about 3 million tons of imported ethane.
Competitive Landscape
Pro stress-test →Satellite Chemical competes in specialty chemicals and new materials with applications across aerospace, new energy vehicles, electronic chips, and healthcare. As a vertically integrated Chinese petrochemical producer with proprietary C2/C3 technology, it holds a competitive advantage through integrated feedstock access and low-cost ethane imports, competing against international specialty chemical companies and other regional petrochemical producers.
Industry Context
Satellite Chemical Co., Ltd. operates in Specialty Chemicals & Petrochemicals.
Key facts
Founded: 1992 · Headquarters: Jiaxing, China · Employees: 5,057 · Revenue: 32.275B CNY (9 months 2024) · Market cap: 56.29B CNY