On December 25, Yingkou Kanghui Petrochemical Co., Ltd. (hereinafter referred to as "Kanghui Petrochemical"), a subsidiary of Hengli Petrochemical Co., Ltd. (hereinafter referred to as "Hengli Petrochemical"), with an annual output of 33,000 tons of PBS biodegradable polyester new material project Put into production and produce qualified products.
This move marks the launch of Hengli Petrochemical's green industry and will also alleviate the shortage of domestic PBS-type biodegradable plastics.
In recent years, as the country continues to upgrade plastic pollution control measures, the market demand for degradable plastics has grown rapidly. As a leading private refining and chemical company, Hengli Petrochemical has responded to national policies and accelerated its deployment in the field of new biodegradable polyester materials.
In August 2019, Kanghui Petrochemical and Dalian University of Technology cooperated to independently develop the production formula of "PBS-type biodegradable polyester new material", and invested in the construction of an annual output of 33,000 tons of PBS-type biodegradable polyester new material project in early 2020. .
On December 25, the project was successfully started up at one time, successfully put into production and produced qualified products. According to analysis by industry insiders, this move is expected to fill the gap in the supply and demand of domestic PBS biodegradable plastics.
Hengli Petrochemical is a leader in the development of large-scale, high-end, and differentiated polyester chemical fiber manufacturing in my country. It has both the scale effect of production capacity and the comprehensive competitive advantage of leading technology research and development. The relevant person in charge of the company stated that the completion of the new material project of Kanghui Petrochemical with an annual output of 33,000 tons of PBS biodegradable polyester marks Hengli Petrochemical’s entry into the degradable plastics market with huge space in the future. The capacity structure of its polyester business segment has been upgraded and The advantages of scale process will also be more obvious.
