 Home > Chemicals Industry > Rubber Plastic News > Kingfa Science and Technology's 30,000-ton PLA project is under construction, 60,000-ton PBAT plant is put into operation, and the 180,000-ton PBAT project is being advanced in due course

Kingfa Science and Technology's 30,000-ton PLA project is under construction, 60,000-ton PBAT plant is put into operation, and the 180,000-ton PBAT project is being advanced in due course

 Last Update: 2022-08-27
 Source: Internet
 Author: User

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On March 29, Kingfa Technology released its 2020 annual report.
During the reporting period, it achieved operating income of 35.
061 billion yuan, a year-on-year increase of 19.
72%, and realized a net profit of 4.
588 billion yuan attributable to shareholders of listed companies, a year-on-year increase of 268.
64%, attributable to the listed company.
The company's shareholders' net profit after deducting non-recurring gains and losses was 4.
436 billion yuan, a year-on-year increase of 335.
25%

According to the annual report, during the reporting period, the sales volume of fully biodegradable plastics reached 65,200 tons, a year-on-year increase of 37.
18%; the operating income was 1.
173 billion yuan, a year-on-year increase of 35.
83%

Degradable plastic production process and process

② Steady increase in production capacity The company has formed a mature synthesis process technology package with stable product quality.

Degradable plastic production process and process

② Steady increase in production capacity The company has formed a mature synthesis process technology package with stable product quality.
In 2020, the company will accelerate the process of expanding production

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