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Recently, Baofeng Energy stated on the investor interaction platform that the annual production capacity of 250,000 tons of EVA is expected to be put into production in the first quarter of 2023, which will effectively make up for the domestic EVA gap and further realize import substitution
.
After the Ningdong Phase III 250,000 tons/year EVA plant and the Ningdong Phase IV 250,000 tons/year EVA project are all put into operation, Baofeng Energy's EVA production capacity will reach 500,000 tons/year
.
Relevant persons in the company said that high-end and differentiated development will enhance the company's competitiveness and profitability
It is reported that since 2020, a new wave of EVA capacity expansion in China has emerged, and the current market dependence on EVA imports is about 60%
.
Under the dual-carbon background, the new energy industry has entered a period of rapid development, and the high growth of the photovoltaic industry is highly certain