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Source of the article: Tongde Chemical? On March 25, Shanxi Tongde Chemical Co.
, Ltd.
issued an announcement that Tongde Chemical intends to invest 200 million yuan to establish a wholly-owned subsidiary: Tongde Xinke Materials Co.
, Ltd.
(tentative name, with industrial and commercial registration) The final approval of the department shall prevail), which is mainly used to invest in the construction of production line projects for fully biodegradable plastics and their raw materials and derivatives
.
? Subsidiary Tongde Xinke will invest in the construction of a fully biodegradable plastic project with an annual output of 120,000 tons.
The project will be carried out in two phases.
The first phase will build a production line of 60,000 tons per year.
The total investment is expected to be 800 million yuan and the first phase investment is 400 million yuan.
, The source of funds is self-owned funds and self-raised funds
.
?? Tongde Chemical said that in recent years, with the increase in global environmental protection, "plastic limit" has been implemented in most countries around the world
.
At the same time, China has also introduced relevant plastic restriction and ban measures to encourage the promotion and application of degradable plastics
.
With the introduction of the "plastic restriction order" of the central and local provinces and cities and the expansion of the green consumer market, fully biodegradable plastics present a good market prospect.
The huge market demand will provide a broad market space for biodegradable plastics.
The application of degradable plastics is imperative
.
? Fully biodegradable plastics can be widely used in supermarket shopping bags, take-out lunch boxes, agricultural mulch, biomedical and other fields
.
Tongde Chemical said that biodegradable plastic products are its new area of involvement.
The establishment of a wholly-owned subsidiary and investment in the construction of a fully biodegradable plastic project is to gradually enter the green plastics industry, promote transformation and upgrading, and cultivate new profit growth points.
.
, Ltd.
issued an announcement that Tongde Chemical intends to invest 200 million yuan to establish a wholly-owned subsidiary: Tongde Xinke Materials Co.
, Ltd.
(tentative name, with industrial and commercial registration) The final approval of the department shall prevail), which is mainly used to invest in the construction of production line projects for fully biodegradable plastics and their raw materials and derivatives
.
? Subsidiary Tongde Xinke will invest in the construction of a fully biodegradable plastic project with an annual output of 120,000 tons.
The project will be carried out in two phases.
The first phase will build a production line of 60,000 tons per year.
The total investment is expected to be 800 million yuan and the first phase investment is 400 million yuan.
, The source of funds is self-owned funds and self-raised funds
.
?? Tongde Chemical said that in recent years, with the increase in global environmental protection, "plastic limit" has been implemented in most countries around the world
.
At the same time, China has also introduced relevant plastic restriction and ban measures to encourage the promotion and application of degradable plastics
.
With the introduction of the "plastic restriction order" of the central and local provinces and cities and the expansion of the green consumer market, fully biodegradable plastics present a good market prospect.
The huge market demand will provide a broad market space for biodegradable plastics.
The application of degradable plastics is imperative
.
? Fully biodegradable plastics can be widely used in supermarket shopping bags, take-out lunch boxes, agricultural mulch, biomedical and other fields
.
Tongde Chemical said that biodegradable plastic products are its new area of involvement.
The establishment of a wholly-owned subsidiary and investment in the construction of a fully biodegradable plastic project is to gradually enter the green plastics industry, promote transformation and upgrading, and cultivate new profit growth points.
.
