In this issue, CCM makes a summary of bio-plastic industry during 2012. In addition, strong domestic demand for ethylene glycol has attracted some producers to enter this industry; domestic first biological PVA production line with biomass as its raw material has been put into production, but it has to face the situation of overcapacity. CCM is also aware of some progress in technologies such as SA and ε-caprolactone.
In 2012, the global economic slowdown, especially the ongoing European debt crisis, heavily affected China's biomaterial industry, since Europe is the main consumption region. According to Mr. Zhu, Sales Manager of Wuhan Huali Environmental Technology Co., Ltd., European customers preferred completely degradable materials before the European debt crisis, but now they may choose partial degradable materials which are relatively cheaper.
Despite the negative impact of global economic depression, China's biomaterial industry still experienced development in 2012. More new entrants were reported in this industry in 2012. For example, Shanxi Jinhui Group and Xinjiang Blue Ridge Tunhe Chemical Industry Co., Ltd. started the construction of PBS program, while Hebei Xing Cypress Pharmaceutical Group Co., Ltd. launched the construction of LDA program. Besides, some existing producers choose to expand their capacity. For example, Wuhan Huali Environmental Technology Co., Ltd. is constructing a new program of 60,000t/a starch based material. Someone even believes that it is the best time to develop new program under the context of bearish economic situation since more help can be obtained from government.
If there are any specific subjects you would like us to investigate, or any topics you would like us to cover in more details, please contact us by +86-20-3761 6606, or econtact@cnchemicals.com
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