Bio-based Material China Quarterly Report

Welcome to the Bio-based Material Quarterly Newsletter Q1 2026

Policy

In Q1 2026, China issued multiple policies to promote high-quality development of the bio-based industry, covering support for raw material supply, backing for project construction, and expansion of application scenarios.

China announced the abolition of the value-added tax export rebate for BDO. Meanwhile, the EU decided to impose high anti-dumping duties on BDO originating from China. Under the impact of these two policies, the landscape of China's BDO industry is expected to undergo a reshaping.

Market & Corporate updates

In Q1 2026, Jindan Tech, Longyan Zhuoyue, Cathay Biotech and AHB published their 2025 annual reports. Among them, AHB posted a YoY decline in net profit in 2025, whereas the remaining three enterprises all achieved YoY growth in net profit.

In Q1 2026, the following domestic bio-based projects made new progress.

• EI report for Jiangsu Special's bio-based materials project was publicized.
• EI report of Liaoning Kingfa's 100,000 t/a succinic acid project was disclosed for public review.
• EI report of Xinjiang Sanshu's Bio-based New Materials Industrial Park construction project was made public.
• Lishui Guosheng's 600 t/a HMF, 400 t/a FDCA and 5 t/a PEF technical upgrade project passed environmental acceptance check.
• EI report for Longyan Zhuoyue's 50,000 t/a natural fatty alcohol technical renovation project was accepted.
• Shanxi Jinzili's 20,000 t/a bio-based synthesise elastomeric fibre production project cleared acceptance check.
• EI report of Zhuhai Wantong's 40,000 t/a bio-based high-temperature nylon (Phase I) project was publicised.

The USD/CNY exchange rate used is USD1.00=CNY6.9236 (sourced from People's Bank of China on 2 March, 2026). All prices include VAT unless otherwise stated.