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Satellite Petrochemical: The ethane cracking to ethylene project is expected to be completed by the end of 2020, with 1.35 million tons of PE!

 Last Update: 2022-08-23
 Source: Internet
 Author: User

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On April 28, some investors asked Satellite Petrochemical, how is the progress of the satellite petrochemical ethylene project, where does the technology come from, and how to guarantee the raw material ethane? Satellite Petrochemical said that the C2 project is progressing as planned and is expected to be completed by the end of 2020

It is understood that ethane cracking has great prospects for production, and the C2 industry chain continues to be deployed downward: PDH and ethane cracking selected by Satellite Petrochemical are both olefin routes with the lowest raw material cost.

In February 2020, the first issuance of corporate bonds was completed, raising 550 million yuan.

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