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    Home > Chemicals Industry > Rubber Plastic News > Degradable materials are in full swing, and Dawn shares set up 2 new companies

    Degradable materials are in full swing, and Dawn shares set up 2 new companies

    • Last Update: 2022-08-27
    • Source: Internet
    • Author: User
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    On April 9, 2021, Dawn Co.
    , Ltd.
    announced that the company will invest in the newly established wholly-owned subsidiary Shandong Dawn Degradable Materials Co.
    , Ltd.
    (tentative name) and the holding subsidiary Shandong Dawn Zhoushi Plastic Packaging Co.
    ,


    Ltd.


    Shandong Daon Zhou's Plastic Packaging Co.
    , Ltd.
    is a company jointly funded and established by Daon shares and Qingdao Bailijia Economic Consulting Service Co.
    , Ltd.
    signed the "Investment Agreement"


    .


    In addition, according to the 2020 annual report, the company achieved operating income of 4.
    422 billion yuan in 2020, an increase of 61.
    67% over the same period of the previous year, and realized a net profit of 855 million yuan attributable to shareholders of the listed company, an increase of 414.
    51% over the same period of the previous year


    .


    At the beginning of 2021, the company announced a strategic cooperation with China Textile Research Institute Co.
    , Ltd.
    , and plans to invest in the construction of a 120,000-ton/year biodegradable resin (PBAT) project, of which the first phase of the project is 60,000 tons/year, marking the company's presence in this field.
    The R&D results of the company began to be industrialized


    .


    On March 8, 2021, the company completed the registration of Dawn Polymer Materials (Chongqing) Co.
    , Ltd.
    , and its business scope includes bio-based material technology research and development and manufacturing; at the same time as the annual report was released on March 25, the company also disclosed information on increasing the business scope and revising " According to the announcement of the company's articles of association, according to the company's production and operation and future development needs, the company has added "bio-based material manufacturing; bio-based material technology research and development; recycling of renewable resources (except for production waste metals)" in the original business scope, which also proves that the company is accelerating Strategic frontier materials such as bio-based materials are deployed and developed in advance


    .




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