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On October 12, Ningbo Changhong Polymer Technology Co.
, Ltd.
(“Changhong Hi-Tech”) issued an announcement on the investment and construction of a 600,000-ton/year fully biodegradable thermoplastic industrial park PBAT/PBS/PBT flexible and flexible production project , the total investment in the first phase is expected to be 2.
5 billion yuan, and the first investment is 1 billion yuan
.
Changhong Hi-Tech is a high-tech enterprise in the thermoplastic elastomer (TPE) industry.
Since its establishment, it has been focusing on the research and development, production and sales of styrene thermoplastic elastomers (TPES).
Suppliers, constantly enrich and improve the product supply chain to meet the differentiated needs of various consumer fields in the market
.
In recent years, countries have reached a consensus on the environmental pollution caused by traditional petroleum-based materials
.
On September 11, Zhejiang Province issued the "Implementation Measures on Further Strengthening the Control of Plastic Pollution", proposing that the expansion projects of key enterprises in the production of degradable materials and products should be prioritized as provincial key projects and major industrial projects, focusing on land and energy use.
and other element resources
.
Under this circumstance, Changhong Hi-Tech plans to build a new project "600,000 tons/year Full Biodegradable Thermoplastic Industrial Park PBAT/PBS/PBT Flexible and Flexible Production Project".
The total construction period is 5 years
.
In addition, according to the announcement, the proposed construction project is located in an existing mature chemical park, which meets the requirements of project safety and environmental protection; the land area is sufficient; the peripheral supporting public media such as water, electricity, steam, and natural gas are fully guaranteed
.
Combined with the existing thermoplastic elastomer industry of Changhong High-tech, after the completion of the fully biodegradable plastic project, it will be combined with the SBS industry chain to form two main lines, two-wheel drive, complementary advantages, broaden the development space of the enterprise, and can improve the company's overall industrial scale and comprehensive Competitiveness, in line with the company's long-term development plan and development strategy
.
