[Plastic] 20+ provinces launched the ban on plastic starting gun, 4 major packaging areas will welcome 35.8 billion degradable plastic tuyere

Xinjiang’s "Implementation Plan for Further Strengthening of the Treatment of Plastic Pollution" was released recently, clearly advancing the treatment of plastic pollution in three stages, encouraging shopping malls, supermarkets, pharmacies, bookstores and other places to set up self-service, intelligent, shared and other environmentally friendly, reusable Replacing shopping bags or renting devices to reduce the use of disposable plastic products;

The Heilongjiang Provincial Development and Reform Commission issued the "Implementation Plan for the Treatment of Plastic Pollution in Heilongjiang Province", clarifying that by 2020, it will take the lead in prohibiting and restricting the production, sales and use of some plastic products in some areas and areas;

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In 2020, plastic pollution control has entered a new stage.

Data show that, as of now, more than 20 provinces in my country have formulated provincial-level plastic pollution control implementation plans.

The intensive release of policies has pushed one of the alternatives to plastic products- biodegradable plastics to another development trend.

In addition, news has revealed that the State Administration for Market Regulation will speed up the formulation and revision of national standards related to biodegradable plastic products, and build a unified and standardized biodegradable plastic identification system.

The standardized development of the industry is another signal to promote degradable plastics.

The food packaging, tableware and bag markets are the main growth drivers for biodegradable plastics.

The "Detailed Standards for the Management of Relevant Plastic Products Bans and Limits" (2020 edition) require that a variety of non-degradable plastic bags, including catering packaging and takeaway services, will be banned from the end of this year; "Opinions on Further Strengthening the Treatment of Plastic Pollution" It is planned that by the end of 2025, non-degradable plastic packaging bags, plastic tapes, disposable plastic woven bags, etc.

Driven by this goal, some insiders predict that biodegradable plastics will be 1.

The degradable plastic products with high attention in the market are mainly polylactic acid (PLA) and polyadipate (PBAT).

It is also worth noting that in order to meet the future demand for large-scale biodegradable plastics, Huaan Securities has calculated that 36 companies have under construction or proposed biodegradable plastic projects, and the total new capacity is 4.

In summary, biodegradable plastics will become "frequent customers" in daily life, especially in the fields of food delivery and express packaging.

(Keywords: Prohibited Plastics, Degradable Plastics)