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Stepping on the "plastic ban" outlet, Changhong High-tech "card position" biodegradable plastic track

 Last Update: 2022-08-26
 Source: Internet
 Author: User

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Recently, Changhong Hi-Tech's 600,000-ton fully biodegradable thermoplastic industrial park project was settled in Shengzhou, and its subsidiary Changhong Bio was responsible for the construction

Ni Xiaoliang, general manager of Changhong Bio, told reporters that the first phase of the project mainly includes two PBAT production lines and supporting facilities.
After production, about one-fifth of PBAT products will be directly used in the production of downstream films, plastic bags, disposable snack boxes and other terminal products.

Ni Xiaoliang, general manager of Changhong Bio, told reporters that the first phase of the project mainly includes two production lines and supporting facilities.

The reporter learned at the scene that the project's esterification workshop, packaging workshop, THF recycling workshop, and civil construction of the office building have started
.

For the hot new track, fast positioning is the key to gaining a first-mover advantage
.

The breakthrough chosen by Changhong Hi-Tech is the Zhejiang market
.

In September 2020, the "Implementation Measures for Further Strengthening the Control of Plastic Pollution" formulated by the Zhejiang Provincial Development and Reform Commission and other departments were implemented, and it was proposed that the expansion projects of key enterprises in the production of degradable plastics and products should be prioritized as provincial key projects and major industrial projects.

Policy orientation is one of the reasons for the rapid "settlement" of Changhong Bio
.

Up to now, more than 20 provinces across the country have announced implementation plans for plastic pollution control to ensure the strict implementation of the strictest "plastic ban"
.

Many companies sense business opportunities
.

According to the announcement, after the first 100,000-ton/year production line of Changhong Hi-Tech Phase 1 is put into production, it is expected to contribute about 400 million yuan in annual profit
.
CITIC Securities Research Report predicts that Changhong Hi-Tech is expected to increase its performance by more than 2.
4 billion yuan after the 600,000-capacity production capacity is fully put into operation.
Coupled with the gradual release of high-end TPES production capacity, Changhong Hi-Tech will continue to grow rapidly after 2022
.

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