Degradable plastics wind up: companies speed up to rush to rush raw material prices

"Now we are simply too busy.

Wang Chao previously ran a traditional plastic packaging company.

"Before, we had 12 machines.

With the implementation of the most stringent "plastic restriction order", the biodegradable plastics industry has become a "vent", followed by companies swarming up

In the long run, there is a market space of 100 billion yuan for biodegradable plastics

Degradable plastics industry "outlet" is coming

In January 2020, the National Development and Reform Commission and the Ministry of Ecology and Environment issued the "Opinions on Further Strengthening the Treatment of Plastic Pollution", clarifying that by the end of 2020, shopping malls, supermarkets, pharmacies, bookstores, etc.

From January 1, 2021, the most stringent "plastic restriction order" in history was officially implemented: a total ban on the production and sale of certain plastic products, promote green plastic products, explore new business formats, and regulate the recycling and disposal of plastic waste, and special treatment of plastics Rubbish

China is a big country in the global production and use of plastics

With the implementation of the most stringent "plastic restriction order", alternative products to traditional plastics will release huge market energy

For the concept of degradable plastics, the capital market has already given a response

Behind the rise in stock prices is the accelerated expansion of the production capacity of leading listed companies

On January 17, Dawn shares announced that the company had signed a strategic cooperation agreement with China Textile Institute on the morning of January 16

On January 19, Yingkou Kanghui Petrochemical Co.

In addition to leading enterprises, small and medium-sized enterprises also hope to get a share of the pie, and Chaoyuan Biotechnology is one of them

The price of upstream raw materials soared

Compared with traditional plastics, biodegradable plastics have no advantage in price

Peng Xianyu, a senior engineer of Dongguan Xinlun Plastic Technology Co.

The general opinion of the industry is that polyadipate (PBAT) has good performance and can be completely degraded, and it is one of the mainstream degradable plastic products in the future
.
After the implementation of the most stringent "plastic restriction order" policy, with the outbreak of the degradable plastics market, the upstream raw material PBAT is already in severe shortage
.

The imbalance of supply and demand has brought about the soaring price of upstream raw materials
.
The reporter learned that PBAT rose from 24,000 yuan/ton in December to 26,000 yuan/ton in early January.
Now it has exceeded 28,000 yuan, and some manufacturers even raised it to 30,000 yuan per ton
.

During this period of time, Peng Xianyu also clearly felt the crazy rise of the upstream raw materials of biodegradable plastics
.
"Not long ago, the price of PBAT was still 24,000 yuan/ton, but now it has risen to 28,000 yuan/ton, and it is still difficult to get the goods
.
"

During this period of time, in communicating with upstream suppliers, Peng Xianyu clearly felt the strength of the other party
.
"Some suppliers have clearly told me that they may be out of stock in the next year and prices will continue to rise
.
"

Dongguan Jishuo Industrial Co.
, Ltd.
is an upstream raw material supplier of biodegradable plastics.
The company's general manager Wang Yong remembers that when he decided to enter the field of biodegradable plastics a few years ago, it was still a niche market
.
Today, this industry is about to usher in a golden period of development
.

"Since the second half of last year, the upstream raw materials have been soaring, and now things are rare and expensive.
As a middleman, we have to raise prices
.
" Wang Yong said
.

Data shows that currently, domestic PBAT is under construction and planned to produce more than 4 million tons of capacity
.
However, judging from the current production capacity of degradable plastic raw materials, it will take some time to achieve large-scale replacement
.

Peng Xianyu also analyzed to reporters that with the entry of leading companies, the imbalance between supply and demand of upstream raw materials for biodegradable plastics is expected to be alleviated
.
However, many projects are still in the preparatory stage, and only the design capacity is announced.
Therefore, the upstream raw material prices will remain high in a short period of time
.

Explore the development of the whole industry chain

With the successive introduction of relevant policies from the central level to local provinces and cities, relevant benefits have entered the performance realization stage, which will promote the rapid development of degradable plastics and upstream and downstream industries
.
In this context, more companies will inevitably deploy the biodegradable plastics industry in the future
.

Over the past few years, Wang Chao has witnessed the development of the biodegradable plastics industry
.
"A few years ago, few domestic companies set foot in this field.
Since last year, more and more companies have poured in.
They want to enter this market with or without related technologies
.
"

Wang Chao has his own worries: With more and more hot money and the influx of companies, the industry is likely to fall into a vicious circle of disorderly competition
.
"Now many leading companies have entered the game.
They have advantages in scale and technology.
If a price war is initiated, the market will fall into chaos
.
"

For small and medium-sized enterprises that have not accumulated technology before, Wang Chao’s suggestion is that it is best not to rush into the field of biodegradable plastics
.
"You have to have a deep customer base, and then carry out related research and development according to customer needs, so that it will be more secure
.
"

Peng Xianyu believes that if the degradable plastics industry wants to achieve explosive development, the most important thing is to solve the problem of shortage of raw materials, which also provides opportunities for enterprises to seize the market
.
Some enterprises are exploring the realization of the whole industry chain development through active layout
.

As a leading company in the field of modified plastics, Dawn Co.
, Ltd.
has been actively engaged in technology research and development and business layout of degradable plastics several years ago
.
Through continuous innovation and development, the company has completed the accumulation of technology and products in the field of biodegradable plastics
.
On the basis of realizing technology research and development and business expansion, Dawn shares take advantage of the trend, lay out the upstream to complete the construction of the entire industry chain, and press the accelerator key to expand production capacity and increase scale
.