Wuhan gorgeous green targeting the world's largest bio-plastic base
China Drying News On the morning of March 29, 2011, the largest R&D production base for bioplastics in China was opened in Wuhan Jiangxia Happy Industrial Park. After completion, the base's annual production capacity can be increased to 100,000 tons of bioplastics, which is expected to become the world's largest base in the industry. However, how to move from the current thin-profit, daily-use environment-friendly plastics field to the high-value-added industrial environmental plastics field is a common problem facing the global bioplastics companies such as the base.
Wuhan gorgeous green targeting the world's largest bio-plastic base
The largest bioplastic base in the country
The base is invested and built by the world's second-largest bioplastics company, Wuhan Hualien Environmental Protection Company, and covers an area of ​​54 acres. The project will be constructed in two phases with a construction period of two years. In December 2011, Standard Chartered Bank of the United Kingdom injected $30 million into Ornate Green to help the latter expand production capacity. Such a generous effort set a new record for Standard Chartered Bank's investment in Chinese companies and bank financing for private enterprises in our province. Zhang Xianbing, a splendid environmental protection chairman, said that after the completion of 2014, the base will produce 60,000 tons of bioplastic annually, and the annual output value is expected to exceed 800 million yuan. With the existing production capacity, the company's annual production capacity will reach 100,000 tons. At present, the world's largest Italian company, Novoamont, can produce 80,000 tons of bioplastics annually. Therefore, industry sources said that if the base goes into production smoothly, it will undoubtedly become the largest bioplastic base in the country. If Novoamont no longer expands its production within two years, Gorgeous Green is even expected to become the world's largest bioplastics company. Industrial bioplastics gap biopolymers are different from the commonly used petrochemical plastics. They use straw and other recyclable biomass as raw materials. Therefore, although the cost of bioplastics is 10% or more higher than that of traditional plastics, it is increasingly "appetizing" due to the salient features of environmental protection.
According to data from a renowned research institute, Champ Consulting, at present, the consumption of bioplastics in Europe and the United States has exceeded 3 million tons, while the global bioplastic production capacity is only about 800,000 tons. In the past five years, the annual growth rate of this market will be as high as 30%. The demand for bioplastics is huge. Many environmental protection companies and even international companies with traditional businesses and plastics do not have to start to exploit the business opportunities in the bio-plastics industry. Such as Germany's BASF Group, South Korea's SK Group has announced high-profile bioplastics new products last week, IBM also said it will be heavily research and development "completely degradable plastics" and so on.
“The most profitable area for the bioplastics industry is in the field of industrial environmental protection plastics.†Zhang Xianping said that taking automobiles as an example, bioplastics can not only reduce weight for automobiles, but also create more elegant car shapes. Therefore, increasing R&D investment, developing bioplastics suitable for automobiles and industrial equipment, and achieving mass production and reducing product costs will be common issues faced by various bioplastic companies.
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