Asia's first!

Recently, Yuanli Chemical Group Co.
, Ltd.
(Yuanli Technology, 603217) announced that the new product that the company has successfully developed and officially put into production in 2021 - Bio-based 1,4-butanediol (Bio-BDO) was officially exported to the EU market in batches , which indicates that the company's bio-based diol products have been recognized by international mainstream customers, and have achieved zero breakthroughs in this product in China and even in Asia
.

Yuanli Technology said that as an important raw material, bio-based 1,4-butanediol is widely used in many fields such as spandex, degradable plastics, polyurethane, shoe materials, new energy batteries, etc.
In recent years, with the rapid development of domestic downstream related industries The demand for this product in domestic and foreign markets has grown rapidly
.

Under the strategic background of carbon neutrality and carbon peaking, the development of bio-based materials industry will be an inevitable trend.
Compared with traditional petroleum-based products, bio-based 1,4-butanediol has the advantages of green environmental protection, renewable raw materials, and energy saving.
The advantages of emission reduction and other advantages will not cause damage to the environment.
It is a green product that meets the development requirements of carbon emission reduction and provides new choices for our customers
.

Yuanli Chemical Group Co.
, Ltd.
is a high-tech enterprise specializing in the research, development, production and sales of fine chemicals.
A pilot enterprise for the implementation of the integration management system of industrialization and industrialization, a single champion enterprise in the manufacturing industry in Shandong Province, an invisible champion enterprise in Shandong Province, a small and medium-sized enterprise specializing in specialization in Shandong Province, a top 100 industrial enterprise in Weifang City, a leading enterprise in high-quality development in Weifang City, and Weifang City Top 50 enterprises with financial and tax contributions
.

On March 18, Yuanli Technology released its 2021 annual report:

During the reporting period, the company realized an operating income of 2,343,456,847.
04 yuan, an increase of 91.
77% over the same period of the previous year, a total profit of 421,368,440.
11 yuan, and a net profit of 360,110,935.
64 yuan attributable to owners of the parent company, an increase of 128.
22% over the same period of the previous year.
The net profit attributable to shareholders of the listed company Assets were RMB 2,573,213,827.
58, an increase of 13.
91% over the same period last year
.

During the reporting period, the company's business mainly includes dimethyl dibasic acid series, fatty alcohol series and special plasticizer series products.
The company's products are diversified and serialized.
The core products of dimethyl dibasic acid and fatty alcohol have solved domestic problems.
The self-sufficiency situation has realized import substitution
.

The company's products have a high degree of professionalism, strong functionality, and a wide range of downstream applications
.

Dimethyl dibasic acid series products are mainly used in high-end fields such as coatings, foundry binders, inks, pigments, personal care, pharmaceutical intermediates, etc.
;

Fatty alcohol series products are mainly used in high-end fields such as UV curing materials and polyurethane, such as coating of heat-sensitive substrates (rubber, plastic), blade coating of large wind turbines, high-end car interiors, food packaging bag sealing adhesive, etc.
;

Plasticizer series products use biomass sec-octanol as raw material, and develop non-petrochemical route alcohols as raw materials, realizing the development and utilization of renewable resources, mainly used in wire and cable, leather products, PVC conveyor belt, surface active agent, optical glasses resin,
etc.

The company has built two R&D and production bases in Weifang and Chongqing, and established subsidiaries in the Netherlands and Qingdao
.

Kingfa Technology Enters Bio-based BDO

On April 26, Kingfa Technology (600143) announced its 2021 annual report, in which it announced that the company will build a bio-based BDO project with an annual output of 10,000 tons, which is expected to be completed and put into operation by the end of December 2023
.

Kingfa has invested 340,000 yuan in the bio-based BDO project and is currently in the preparatory stage
.

Previously, on November 19, 2021, Kingfa Technology changed the name of its wholly-owned subsidiary Zhuhai Wantong Chemical Co.
, Ltd.
to Zhuhai Kingfa Biomaterials Co.
, Ltd.
, and ranked bio-based material manufacturing at the top of its business scope
.

Shandong Landian 20,000 tons of bio-based BDO, 300,000 tons of bio-based succinic acid project

Relying on the technology of Zhang Xueli, Tianjin Institute of Chinese Academy of Sciences, Landian currently has 20,000 tons of bio-based succinic acid, and will expand its production capacity to 50,000 tons next year, of which 20,000 tons are used to make BDO by itself, and the remaining 30,000 tons are foreign.
sale
.
Lan Dian said that after the expansion, the production cost of bio-based succinic acid will be much lower than the market price of maleic anhydride, which can reduce the production cost of bio-based degradable plastics
.

In addition, Shandong Landian has another 300,000 tons of bio-based succinic acid that has been established and has begun to enter the construction
.
It is planned to be constructed in two phases.
The first phase of construction will complete an annual output of 150,000 tons.
It is planned to complete the construction in 2024
.

At present, Landian has maintained long-term cooperation with many domestic and foreign manufacturers, and is the main supplier of Mitsubishi Chemical Headquarters in Japan, Mitsubishi and Thailand Joint Venture (PTT.
MCC), South Korea ANkor, Soltech, Italy Novamont and other companies
.