Lianyungang Petrochemical Co., Ltd., a wholly-owned core subsidiary of Satellite Chemical Co., Ltd., was established in 2017. Located in the Xuwei New Area of Lianyungang, one of the seven major petrochemical industrial parks in China, it serves as the group's flagship base for implementing its C2 (ethane) industrial chain strategy and a core carrier for green and low-carbon transformation.
As the group's largest and most technologically advanced production base, the company has built China's first privately-owned ethane cracking to ethylene production unit, establishing a complete industrial chain from upstream light hydrocarbons to ethylene to downstream new materials, significantly enhancing the resilience and international competitiveness of my country's chemical industry system. The company has been recognized as a national-level green factory, a national key industry energy efficiency and water efficiency leader, and a Jiangsu Province intelligent manufacturing demonstration workshop, and has been selected as one of Jiangsu's top 100 private enterprises and top 100 enterprises in R&D investment.
The company's core products include ethylene, polyethylene (PE), ethylene glycol (MEG), ethylene oxide (EO), α-olefins, and polyolefin elastomers (POE). These products are widely used in key fields such as new energy, photovoltaics, packaging films, lithium battery electrolyte solvents, aerospace, and electronic chips.
Looking to the future, Lianyungang Petrochemical will continue to focus on high-end, differentiated, and low-carbon development: First, it will deepen its production capacity layout for high-end polyolefins such as α-olefins and POE, filling domestic technological gaps; second, it will expand the scale of high value-added products such as ethylene glycol and ethylene oxide, and improve the synergy of the C2 industrial chain; third, relying on its advantages in low-carbon raw materials, it will promote the comprehensive utilization of carbon dioxide and hydrogen energy projects, and build an industry-leading green and low-carbon new materials industrial park; fourth, it will expand into the global market, strengthen cooperation with leading international companies, and increase the penetration rate of its products in high-end application fields.
