Core Viewpoint - Satellite Chemical (002648) has a current carbonate production capacity of 150,000 tons, which includes 60,000 tons of Dimethyl Carbonate (DMC), 50,000 tons of Ethylene Carbonate (EC), 40,000 tons of Diethyl Carbonate (DEC), and Ethyl Methyl Carbonate (EMC) [1] Group 1 - The company’s carbonate products are utilized in downstream applications such as new energy and energy storage systems [1] - The company possesses a full industry chain advantage and a comprehensive product layout, covering mainstream products for four types of lithium battery electrolyte solvents [1] - The company aims to provide overall solutions for downstream electrolyte customers [1]

Core Viewpoint - Ube Industries is restructuring its basic chemicals business by investing in specialty chemicals while reducing or exiting basic chemicals production [1][2] Group 1: Business Restructuring - Ube Industries will cease production of ammonia and related products at its main plant in Ube, Japan, by March 2028, which is over two years earlier than the current mid-term plan [1] - Production of caprolactam and polyamide materials will stop by March 2027, with the Ube plant focusing on specialty chemicals such as polyimides, separation membranes, ceramics, pharmaceuticals, and high-purity chemicals thereafter [1] - The subsidiary in Thailand will stop producing cyclohexanone, caprolactam, and ammonium sulfate, and will close one of its two polyamide production lines [1] Group 2: Expansion in Specialty Chemicals - A new plant in Louisiana, USA, has broken ground and is expected to be completed by 2026, producing 100,000 tons/year of dimethyl carbonate (DMC) and 40,000 tons/year of ethyl methyl carbonate (EMC), marking the largest investment in the production base [2] - DMC and EMC are used as electrolyte solvents for lithium-ion batteries and in semiconductor manufacturing processes [2] Group 3: Sustainability Goals - Ube expects to achieve its greenhouse gas reduction target of a 50% decrease from 2013 levels ahead of schedule by 2028 [2] - The company plans to leverage stable earnings from its specialty chemicals business to quickly offset losses from the restructuring [2] - By 2030, Ube will continue to focus on growth strategies, including active investment in specialty business management resources and enhancing global management while making further progress in sustainability management [2]