Satellite Chemical Co. Ltd. (002648)

Overview

Satellite Chemical Co.,Ltd. positions itself as a low-carbon chemical company with a significant presence both within China and on the international stage. Specializing in the production and sales of functional chemicals, new polymer materials, and new energy materials, this company caters to a diverse range of industries including aerospace, new energy vehicles, electronic chips, green infrastructure, and healthcare. Initially known as Zhejiang Satellite Petrochemical Co., Ltd., it underwent a name change to Satellite Chemical Co.,Ltd. in October 2021. Founded in 1992, Satellite Chemical has its operations headquartered in Jiaxing, China, reflecting its long-standing expertise and commitment to innovation in the chemical sector.

Products and Services

• Ethylene Oxide and Glycol: These are key raw materials used in the production of antifreezes, detergents, solvents, and plastics. Their flexibility and utility make them essential in numerous industrial applications.
• High-Density Polyethylene (HDPE): Known for its high strength-to-density ratio, HDPE is used in the production of plastic bottles, corrosion-resistant piping, geomembranes, and plastic lumber, serving a wide range of uses from food packaging to plumbing.
• Polycarboxylic Monomer: This component is crucial in the production of superplasticizers used in concrete. These superplasticizers improve the workability of concrete, making it a vital ingredient for the construction industry, especially in green infrastructure projects.
• Acrylic Acid Monomer: Used as a building block in the production of polyacrylic acid or acrylate polymers, these materials have applications in super absorbent polymers, detergents, and water treatment chemicals.
• Polymer Emulsions and Resins: Serving as binders in paints, coatings, adhesives, and sealants, these products are integral to the construction and manufacturing sectors.
• Superabsorbent Polymers: These are primarily used in personal hygiene products such as baby diapers, adult incontinence pads, and sanitary napkins, owing to their high absorbency.
• Polypropylene: Known for its versatility as a plastic, polypropylene is used in automotive components, consumer goods, and as fiber for rugs and textiles.
• Hydrogen Peroxide: Widely used as a bleaching agent in the pulp and paper industry and as an antiseptic in the healthcare sector.
• Pigment Intermediates: These are essential chemicals used in the production of pigments and dyes for textiles, inks, and coatings.
• Acrylics and Esters: Acrylics find applications in paint formulations, adhesives, and coatings, while esters are used in fragrances, flavors, and as solvents for a plethora of organic reactions.