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Last CNY9.02 CNY
Change Today +0.82 / 10.00%
Volume 16.9M
As of 3:00 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

zhejiang satellite petroch-a (002648) Snapshot

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Day High
Day Low
52 Week High
06/11/15 - CNY21.30
52 Week Low
08/27/15 - CNY7.58
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for ZHEJIANG SATELLITE PETROCH-A (002648)

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zhejiang satellite petroch-a (002648) Details

Zhejiang Satellite Petrochemical Co., Ltd. engages in the research and development, production, and sale of acrylic monomer, polymer emulsions and resins, pigment intermediates, and methacrylic acid. It offers acrylic acid and acrylic ester products, including methyl acrylate, ethyl acrylate, butyl acrylate, and ethylhexyl acrylate used in textile, printing and dyeing, health and medicine, chemicals, leather, paper, construction and other industries for the production of textile auxiliaries, super absorbent materials, coatings, elastomers, adhesives, coating agents, thickeners, polymer electrolytes, etc. The company also provides methacrylic acid for manufacturing paints, plastics, adhesives, wood and cork impregnating compounds, paper coating agents, textile auxiliaries, insulation materials, ion exchange resins, and polycarboxylate water reducing agent. In addition, it offers super absorbent sodium polyacrylate resins used for ordinary and ultra-thin diapers and sanitary napkins; and polymer resin and latex products used for sizing various types of polyester filament yarns, textured yarns, composite filaments, shaped filaments, nylon filaments, hydrophobic fibers, finishing of apparel fabrics, linings, luggage fabrics, umbrella fabrics, spraying and flocking of clothing fabrics, and decorative materials of home textiles, as well as compounding of fabrics and PVC. Further, the company produces pigment intermediates, including 2B oil, 2B acid, 2B acid sodium salt, and 4B acid for the synthesis of organic pigments, and for the production of paints, pesticides, and organic intermediates. Additionally, it transports general cargo containers; manages dangerous cargo transport; and stores propylene, as well as is involved in cargo transport agency and logistics consultation activities. The company was formerly known as Zhejiang Satellite Acrylic Manufacturing Co. Ltd. Zhejiang Satellite Petrochemical Co., Ltd. was founded in 2010 and is based in Jiaxing, China.

Founded in 2010

zhejiang satellite petroch-a (002648) Top Compensated Officers

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zhejiang satellite petroch-a (002648) Key Developments

Zhejiang Satellite Petrochemical Shuts Propane Dehydrogenation Plant

Zhejiang Satellite Petrochemical announced that its 450,000 tonne/year propane dehydrogenation (PDH) plant was shut, disrupting supply of propylene (C3) to customers. There were no details on when or why the plant halted operations. Because of the plant outage, the company will not be able to fulfil normally its contracts to purchase propane and to supply propylene. The restart schedule for the plant in Zhejiang province has yet to be determined.

Zhejiang Satellite Petrochemical Co., Ltd. to Report First Half, 2015 Results on Aug 05, 2015

Zhejiang Satellite Petrochemical Co., Ltd. announced that they will report first half, 2015 results on Aug 05, 2015

Zhejiang Satellite Petrochemical Co., Ltd., Special/Extraordinary Shareholders Meeting, Jun 26, 2015

Zhejiang Satellite Petrochemical Co., Ltd., Special/Extraordinary Shareholders Meeting, Jun 26, 2015., at 14:30 China Standard Time. Agenda: To consider 2015 employee stock ownership plan (draft) and its summary; and to consider authorization to the board to handle matters in relation to the employee stock ownership plan.


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002648:CH CNY9.02 CNY +0.82

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Valuation 002648 Industry Range
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Price/Sales 1.4x
Price/Book 1.8x
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