echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > The total investment is 20.7 billion yuan! Junzheng Group plans to build 2×600,000 tons of BDO and other degradable plastic recycling projects

    The total investment is 20.7 billion yuan! Junzheng Group plans to build 2×600,000 tons of BDO and other degradable plastic recycling projects

    • Last Update: 2021-06-09
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On May 7 , Inner Mongolia Junzheng Energy and Chemical Group Co.


    On May 7 , Inner Mongolia Junzheng Energy and Chemical Group Co.


    According to the announcement, the company intends to use its wholly-owned subsidiary Inner Mongolia Junzheng Chemical Co.


    Estimated total investment of 207 million yuan, the project construction period is 2021 Nian 5 Yue Zhi 2023 Nian 12 months.


    Junzheng Group believes that the market for biodegradable plastics is broad.


    With the gradual implementation of the national plastic ban and restriction policies, the demand for degradable plastics has increased significantly.
    Under the guidance of national policies, degradable plastics will usher in broad market development prospects.
    Only the biodegradable bioplastic projects under construction / planning by listed companies include Wanhua Chemical, Fafa Technology, Changhong High-tech, Jindan Technology, Hengli Petrochemical, Ruifeng High-Tech, Mogao, Dawn, Dongfang More than 10 listed companies including Hua Technology .
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.