January 30 — In response to inquiries from researchers, Shenghong Group Holdings Limited stated that, as of 2025, the overall operational performance of Sailboat Petrochemical remains robust. The primary product portfolio of Jiangsu Sailboat Petrochemical Co., Ltd. includes EVA, acrylonitrile, MMA, butadiene, ethylene oxide, POE, and ultra-high molecular weight polyethylene, among others. Both Sailboat Petrochemical and Shenghong Refining & Petrochemical are situated within the Lianyungang Petrochemical Industrial Park; this proximity facilitates the mutual supply of raw materials—such as ethylene and propylene—thereby generating significant synergistic effects. Furthermore, the production units for products such as EVA and acrylonitrile are operating with a high degree of maturity and efficiency; their operating rates exceed the industry average, endowing the company with distinct cost advantages and substantial industrial synergies.
