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Levima Corporation increases investment in Jiangxi Academy of Sciences Biology to enter the biodegradable material industry

 Last Update: 2021-06-04
 Source: Internet
 Author: User

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Sinochem New Network News On June 2, Levima Advanced Materials Technology Co.
, Ltd.
issued an announcement that it plans to increase the capital of Jiangxi Academy of Sciences Biotech Co.
, Ltd.
(Academy of Sciences).
The capital increase will be 150 million yuan.
Hongxinke will hold 42.
86% of the shares of the Academy of Sciences.

The academy of biology is mainly engaged in the research and development, production and sales of biodegradable material polylactic acid (PLA), and has self-developed "high-gloss pure lactic acid-high-gloss pure lactide-polylactic acid" whole industry chain technology.

This capital increase marks Levima's formal entry into the biodegradable material industry.

Biodegradable materials are one of the important directions of Levima's investment.

PLA is an important biodegradable material product, and the market continues to be in short supply.

　　The Biology of the Academy of Sciences plans to construct a 130,000 tons/year biodegradable material polylactic acid whole industry chain project in two phases.

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