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    Home > Chemicals Industry > China Chemical > Above the tuyere: Will the demand for new biodegradable materials surge in 2021?

    Above the tuyere: Will the demand for new biodegradable materials surge in 2021?

    • Last Update: 2021-11-18
    • Source: Internet
    • Author: User
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    【Hot attention from Chemical Machinery and Equipment Network ] In recent years, various countries have introduced intensive plastic restriction regulations.
    From the momentum of major listed companies in the field of degradable new materials, it can be seen that the biodegradable plastics industry is ushering in new development opportunities and outbreaks.
    With the strengthening of plastic restriction legislation and law enforcement, the improvement of national environmental protection awareness, and the reduction of costs caused by technological progress or government subsidies, the degradable plastics industry is expected to enter a stage of rapid increase in penetration.

     
    Hot attention of Chemical Machinery Equipment NetworkChemical machinery and equipment
    Recently, it was learned from Hengli Group, a Fortune 500 company, that Yingkou Kanghui Petrochemical Co.
    , Ltd.
    , a subsidiary of Hengli Petrochemical Co.
    , Ltd.
    , a listed company of the company, signed a contract with equipment manufacturers on the 19th to start construction of 600,000 tons of PBS biodegradable plastics per year.
    Project to accelerate the deployment of new biodegradable materials.
    The relevant person in charge of Hengli Petrochemical said that the signing of the 600,000-ton PBS-type biodegradable plastics project will further enhance the company's entire industry chain operating capabilities, contribute excess profits to the company, and help the country's green transformation.

     

    Let's take a look at which other companies are also deploying in this field.

     
    Let's take a look at which other companies are also deploying in this field.


      A few days ago, according to Bangbao Yizhi (603398.
    SH) announcement, the company plans to use its own funds to establish a wholly-owned subsidiary Jiangxi Bangbao Science and Education New Materials Co.
    , Ltd.
    in Jiangxi Province with a registered capital of 50 million yuan.
    The aim is to make full use of the listed company's platform and capital advantages, lay out the field of new materials, carry out the research and development and application of new materials such as high temperature resistance, environmental protection and degradability, conform to the development trend of the industry, and improve the core competitiveness of the company's products.

     

      On January 4, Yongguan New Materials (603681) announced that it intends to invest in the construction of a new environmentally friendly and degradable material production base with an investment of 885.
    5 million yuan.

     

      Policy outlets bring huge market demand
     
      Policy outlets bring huge market demand

      Biodegradable materials are not only the focus of the development of the national new material strategy, but also one of the materials with full green concepts.

     

      In order to control white pollution, various countries have successively introduced a number of policies in recent years, adopting methods such as levying plastic value-added tax or fees, banning or restricting the use of traditional plastic bags, and legislating to promote biodegradable plastics.
    With the gradual implementation of China's plastic restriction and ban policies, biodegradable plastics have a huge space for substitution of traditional plastics due to their advantages in short-term degradation and harmlessness to the environment.

     

      On August 28, 2020, *issued the "Notice on Further Strengthening the Treatment of Plastic Pollution in the Commercial Field", requiring the implementation of regulations on plastic bans and restrictions.
    Since the first half of 2020, the National Development and Reform Commission, * and other departments have successively issued policy documents such as "Opinions on Further Strengthening the Treatment of Plastic Pollution" and "Notice on Promoting the Control of Plastic Pollution in a Solid Way" to ban and limit plastic in the commercial sector.
    Sexual tasks put forward clear requirements.
    In this context, the demand for new degradable plastic materials will increase substantially in the future.

     

      According to industry estimates, after the ban on plastics is implemented, the demand for degradable plastics in the three areas of food delivery, express delivery, and agricultural film will reach 1.
    5453 million tons in the future, corresponding to about 27 billion yuan in the degradable plastics market.
    Compared with my country's current market demand of 42,000 tons, the market has room for growth of 36 times.
    The "Opinions on Further Strengthening the Treatment of Plastic Pollution" stipulates that by 2025, the consumption intensity of non-degradable disposable plastic tableware in the food and beverage delivery areas of cities above the prefecture level will be reduced by 30%.
    Disposable plastic lunch boxes belong to plastic tableware.
    If this part is replaced by non-degradable tableware, the replacement space corresponding to biodegradable plastic for take-out disposable plastic tableware is 125,900 tons.
    Considering the areas of plastic lunch boxes and plastic bags for takeout, the market for biodegradable plastics reaches 221,800 tons.

     

      Although the production capacity of degradable plastics in my country is rising rapidly, the current production capacity cannot meet the huge market demand caused by the national plastic ban in the short term.
    Therefore, people in the industry generally believe that under the background of plastic restriction and prohibition, the demand for degradable plastics will enter a stage of rapid development in 2021, and the degradable industry has outstanding investment value and opportunities.

     

      Some sources of information: Qianzhan.
    com, DT New Materials, financial circles
     

      Original title: Above the tuyere: Will the demand for new degradable materials surge in 2021?
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