On October 12, 2024, the signing ceremony of the Memorandum of Strategic Cooperation between Satellite Group and China Chemical was held at the headquarters of Satellite Group.
In the past two decades, the two sides have deepened cooperation in engineering design, construction and other fields, jointly completing the construction of the first million-ton ethane cracking to ethylene plant in China and creating a high-quality project with industrial benchmark significance. On the basis of good cooperation, both parties will take this signing as an opportunity to jointly seek a grand strategy, promote cooperation and drive development, creating a new pivot for development in the modernization process, and continue to work hand in hand to promote the high-quality development of the petrochemical industry.