Satellite 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