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On September 24, Lianhong Xinke announced that it plans to establish a wholly-owned subsidiary, Lianhong Green (Shandong) New Materials Co.
, Ltd.
(hereinafter referred to as Lianhong Green), with a registered capital of 375 million yuan
.
Lianhong Xinke said that driven by national policies such as "carbon peaking and carbon neutrality", benefiting from good market growth prospects, the related new material industries have developed rapidly
.
Company Profile
Company ProfileEstablished in 2010, Lianhong Xinke is the main enterprise of Lenovo's new material sector.
It has an olefin deep processing industry chain that uses methanol as raw material and produces high value-added products.
It focuses on the production, research and development of advanced polymer materials and special fine materials.
Sales, is a high-tech enterprise and a national "green factory", and has been listed in the "Top 100 Chinese Petroleum and Chemical Private Enterprises" for many years
.
In recent years, Lianhong Xinke has been actively deploying new materials, including new energy materials and biodegradable plastics
.
1.
Biodegradable plastic
Biodegradable plastic
In the biodegradable plastics industry, Lianhong Xinke mainly deploys PLA biodegradable plastics
.
On June 1, Lianhong Xinke announced that it planned to increase the capital of Jiangxi Academy of Sciences Biological New Materials Company by 150 million yuan.
After the capital increase was completed, Lianhong Xinke held a 42.
86% stake in Jiangxi Academy of Sciences Biological New Materials, making it its largest shareholder.
It also marks the official entry of Lianhong Xinke into the field of biodegradable plastics
.
Jiangxi Academy of Sciences Biological New Materials Co.
, Ltd.
was established in 2008, mainly engaged in the research and development, production and sales of biodegradable polylactic acid (PLA).
One of the enterprises with lactic acid" whole industry chain technology, the company's thousand-ton PLA integrated production demonstration line has been successfully tested, and the mass production capacity has been formed
.
Biodegradable materials are the main way to solve the pollution of traditional plastics.
As an important variety of biodegradable materials, PLA has a strong market demand for its products and continues to be in short supply, and the future market space is broad
.
2.
New energy materials
New energy materials
In the new energy material industry, Lianhong Xinke mainly deploys photovoltaic EVA materials, ultra-high molecular weight polyethylene materials for lithium battery separators and carbonate products for lithium batteries
.
Photovoltaic EVA materials: Lianhong Xinke is one of the only three domestic manufacturers that can stably produce and supply photovoltaic EVA materials
.
Ultra-high molecular weight polyethylene material for lithium battery diaphragm: Lianhong Xinke plans to invest 800 million yuan in new projects of 20,000 tons/year ultra-high molecular weight polyethylene and 100,000 tons/year vinyl acetate.
The industrial layout in the field of battery separator materials and the production of vinyl acetate, another main raw material required for EVA products
.
Carbonate: Lianhong Xinke plans to invest about 580 million yuan to build a new "100,000 tons/year lithium battery material-carbonate combined device project"
.
After the project is put into production, Lianhong Xinke can produce 50,000 tons of ethylene carbonate (EC) products, 52,600 tons of ethyl methyl carbonate (EMC) products, and 7,200 tons of diethyl carbonate (DEC) products
.
