Pinghu Petrochemical Co., Ltd., a wholly-owned core production subsidiary of Satellite Chemicals Co., Ltd., was established in 2012 and is located in Dushan Port Petrochemical Industrial Park, Pinghu City, Zhejiang Province. It is the core of the group's C3 industrial chain for deep processing and a leading global manufacturer of acrylic acid and esters.
As a key hub for the downstream extension of the group's C3 industrial chain, Pinghu Petrochemical, relying on propylene feedstock provided by Satellite Energy, focuses on the research, development, production, and sales of acrylic acid and ester products. It was the first privately-owned acrylic acid and ester plant in China and is one of the world's top five acrylic acid manufacturers. The company is a national high-tech enterprise and a national green factory, possessing an enterprise technology center and numerous independent patented technologies in acrylic acid production processes, tail gas treatment, and wastewater reuse.
The company's core products include acrylic acid (AA), acrylates (ethyl/butyl/isooctyl acrylate, etc.), polymer emulsions, superabsorbent polymers (SAP), polypropylene (PP), butanol, octanol, and neopentyl glycol. Our products are widely used in coatings, adhesives, textiles, papermaking, hygiene products (diapers/sanitary napkins), and building waterproofing, and are exported to more than 20 countries and regions worldwide.
Looking to the future, Pinghu Petrochemical will adhere to a high-end, refined, and green development strategy: First, it will continue to expand its acrylic acid and ester production capacity, optimize its product structure, and focus on developing high-solids, low-VOC, special functional emulsions and high-end SAP products to meet the needs of new energy, medical, and high-end coatings industries; second, it will deepen technological innovation, promote zero-discharge acrylic acid wastewater and energy-saving and consumption-reducing technological transformation projects, and improve resource utilization efficiency and environmental protection levels; third, it will strengthen global market development, consolidate traditional markets such as Southeast Asia and Europe, expand into emerging markets such as South America and the Middle East, and increase its international market share; fourth, leveraging the synergistic advantages of the group's industrial chain, it will collaborate with Lianyungang Petrochemical and Satellite Energy to build a "C2/C3 dual-drive, upstream and downstream integrated" industrial ecosystem, helping the group move towards becoming a world-class chemical new materials technology company.
