Summary:
As of Q4, there are updates regarding to BBCA Group's three bio-based
material projects, which are 100,000 t/a polylactic acid (PLA)
project—completed, the 15,000 t/a lactic acid (LA) and 5,000 t/a acid
mixture (incl. 3,000 t/a succinic acid) project—publicised prior to
approval, and the 100,000 bio-based polyol project—reapplication
approved.
China
BBCA Group Corporation (BBCA Group)'s three bio-based material projects
attained progresses for construction in Q4, undertaken by three
subsidiaries respectively.
1. The 100,000 t/a polylactic acid (PLA) project
On
21 Nov., Anhui BBCA Biochemical & Futerro PLA Co., Ltd. (Futerro
PLA)'s 100,000 t/a PLA project was completed with publicised details as
follows:
Construction nature: New construction
Location: Economic Development Zone of Guzhen County, Bengbu City, Anhui Province
Total
investment: USD48.76 million (RMB350.00 million), 2.66% (=USD1.30
million/RMB9.31 million) of which for environmental protection
Site area: 33,133 m2
Construction content: PLA workshop and the public and auxiliary utilities
Designed capacity: 100,000 t/a PLA
Main material consumption: 121,423 t/a Self-produced lactic acid
Production
route: "Two-step" approach (microwave heating and conventional heating
in the ring-opening polymerisation (ROP) of lactide)
Construction period: broke ground in Nov. 2019 and entered trial production in Oct. 2022
This
project was originally designed for 70,000 t/a PLA and 30,000 t/a PLA
fibre. However, under the comprehensive consideration of changes in
market and economy, the designed process for 30,000 t/a PLA fibre is cut
down to 30,000 t/a PLA, making this project's total capacity to 100,000
t/a PLA.
Futerro PLA was
set up in April 2018 with a registered capital of RMB189 million, and it
primarily operates in R&D, production and sale of PLA and the
related materials and products.
2. The 15,000 t/a lactic acid (LA) and 5,000 t/a acid mixture project
On
10 Nov., the Ecology and Environment Bureau of Guzhen County disclosed
Anhui Xingguang Biotechnology Co., Ltd. (Xingguang Biotech)'s
pre-construction environment assessment statement of the 15,000 t/a LA
and 5,000 t/a acid mixture project prior to approval granting, and
details are as follows:
Construction nature: Reconstruction
Location: Economic Development Zone of Guzhen County, Bengbu City, Anhui Province
Total investment: USD7.66 million (RMB55.00 million), 0.54% (=USD41,800/RMB300,000) of which for environmental protection
Site area: 6.6 ha, no extra land to be taken
Construction
content: Reconstruct the installed ferric phosphate (FePO4) production
line (a part of Xingguang Biotech's project of anode materials for
lithium iron phosphate-based battery), and purchase a series of
production equipment
Designed capacity:
Main product: 15,000 t/a LA and 5,000 t/a acid mixture
By-product: 3,000 t/a succinic acid and 3,000 t/a calcium malate
Xingguang
Biotech was founded in Aug. 2016 with a registered capital of RMB105
million, and it primarily operates in R&D, production and sale of
bio-based materials, food and feed additives.
3. The 100,000 t/a bio-based polyol project (reapplied project)
On
2 Nov., Anhui Huaihai Biotechnology Co., Ltd. (Huaihai Biotech)'s
reapplication of the environmental impact statement of the 100,000 t/a
bio-based polyol project was approved by the Ecology and Environment
Bureau of Bengbu City, Anhui Province, and details are as follows:
Construction nature: New construction
Location: Economic Development Zone of Guzhen County, Bengbu City, Anhui Province
Total
investment: USD53.03 million (RMB378.00 million), 2.12% (=USD1.11
million/RMB8.00 million) of which for environmental protection
Site area: 18,333.33 m2
Construction
content: Purchase and install production and supporting equipment in
the rental factory buildings, and build storage house and public and
auxiliary utilities
Designed capacity: 100,000 t/a bio-based polyols—90,000 t/a lactide polyol and 10,000 t/a polycarbonate polyol
Huaihai
Biotech was founded in Sept. 2021 with a registered capital of RMB50
million, and it mainly operates in R&D, production and sale of LA,
PLA series products, amino acid series products, and other bio-based
materials.
Source:CCM
More iinformation can be found at CCM Bio-based Materials China Quarterly Report.
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