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On the occasion of celebrating the 100th anniversary of the founding of the Communist Party of China, on June 30, Hualu Company and Tongde Kechuang Materials Co.
, Ltd.
, a wholly-owned subsidiary of Shanxi Tongde Chemical Co.
, Ltd.
, signed a new agreement on Tongde Kechuang PBAT in Xinzhou City, Shanxi Province.
The general contract for the integration of the material industry chain project is a new breakthrough achieved by Hualu in the field of new materials
.
Shanxi Tongde Chemical Co.
, Ltd.
Chairman Zhang Yunsheng, General Manager Wu Qingwen, Vice Chairman Zhang Hung, Director Fan Shangbin; Hualu Company General Manager Zheng Kaixue, Deputy General Manager Wang Kai, Deputy General Manager Yuan Na, and Director of the Ministry of Commerce Li Yonggang, etc.
Attend the signing ceremony
.
Tongde Kechuang PBAT new material industry chain integration project, mainly including 2×120,000 tons/year 1,4-butanediol (BDO), 60,000 tons/year polyadipate/butylene terephthalate (PBAT) and other biodegradable new materials are expected to be completed and put into production in 2022
.
At the signing ceremony, Zhang Yungai highly appraised the advantages of Hualu Company in the field of 1,4-butanediol and related products
.
Zheng Kaixue thanked Tongde Chemical for its trust and support to Hualu Company
.
The two sides had a full exchange on further deepening the all-round pragmatic cooperation in the field of new materials such as BDO and PBAT, and expressed that they will work together to promote high-quality development
.
2021 is the first year of the mixed ownership reform of Hualu Company.
The company has clarified the development idea of driving by technological innovation and continuously optimizing the business structure.
The principles of technological innovation are low carbon, emission reduction and plastic ban
.
PBAT is a thermoplastic biodegradable plastic, which can be transformed and degraded under the action of soil microorganisms and enzymes.
It is a "green ecological material" with excellent biodegradability
.
