Bio-based Materials China News 1412 (12 issues per year)
In Dec. 2014, the European Bioplastics held the 9th European Bioplastics Conference in Brussels, in which China was confirmed again for its important role in the production of bio-based materials. In fact, in this month, China also launched a large quantity of demonstration bases for bio-based materials. In particular, the bio-based material industrial parks in Changchun and Weifang cities gradually began operation.
PLA still captured wide attention in China. In Dec., leading PLA enterprises like Hisun, SUPLA and COFCO Biochemical all announced their plans to newly establish PLA plants and to put them into operation in 2015. Meanwhile, foreign enterprises such as NatureWorks intended to expand its PLA production capacity in 2015. Therefore, CCM took both the international environmental protection trend and advantages of homemade PLA into consideration, to figure out the reasons why positive attitude was held towards PLA and whether PLA would face outbreak in 2015.
In addition, CCM made an analysis on the challenges faced by China's bio-based material industry, from the perspective of RMB exchange rates. Regarding the fluctuated RMB appreciation against USD, the exports of bio-based materials would encounter obstacles. Moreover, the raw materials for bio-based materials, starch mainly comes from Thailand and Vietnam. However, the RMB against Thai Baht and VND saw depreciation. This would bring cost pressure to the production of bio-based materials. Then, how will the changes of currency exchange rate impact the development of domestic bio-based material industry?
Even though the bio-based material industry is drawn back by the changes of RMB exchange rates, related bio-based material enterprises and R&D institutes are still striving for the bio-based monomers, hoping to make breakthroughs in the development. Of this, bio-based PDO is regarded as the most potential monomer. Thanks to the establishment of bio-based demonstration bases and the industrial clusters, bio-based PDO boasts great potential. What about the industrial scale of bio-based PDO in China? How will it go forward?
Also, CCM continued to pay attention to the imports, exports and prices of raw materials for bio-based materials, including corn, cassava chip and potato starch. Quantitative analysis was adopted to show the supply & demand changes of starch, key raw materials for bio-based materials and to make short-term prediction.
The above hot topics in China’s bio-based materials market will be explored and reported by CCM in detail in this e-journal, Bio-based Materials China News 1412. Please pay attention.
The USD/RMB exchange rate in this issue is USD1.00=RMB6.1369 on 1 Dec., 2014, sourced from the People's Bank of China. All the prices mentioned in this issue include the VAT except some specified.
PLA still captured wide attention in China. In Dec., leading PLA enterprises like Hisun, SUPLA and COFCO Biochemical all announced their plans to newly establish PLA plants and to put them into operation in 2015. Meanwhile, foreign enterprises such as NatureWorks intended to expand its PLA production capacity in 2015. Therefore, CCM took both the international environmental protection trend and advantages of homemade PLA into consideration, to figure out the reasons why positive attitude was held towards PLA and whether PLA would face outbreak in 2015.
In addition, CCM made an analysis on the challenges faced by China's bio-based material industry, from the perspective of RMB exchange rates. Regarding the fluctuated RMB appreciation against USD, the exports of bio-based materials would encounter obstacles. Moreover, the raw materials for bio-based materials, starch mainly comes from Thailand and Vietnam. However, the RMB against Thai Baht and VND saw depreciation. This would bring cost pressure to the production of bio-based materials. Then, how will the changes of currency exchange rate impact the development of domestic bio-based material industry?
Even though the bio-based material industry is drawn back by the changes of RMB exchange rates, related bio-based material enterprises and R&D institutes are still striving for the bio-based monomers, hoping to make breakthroughs in the development. Of this, bio-based PDO is regarded as the most potential monomer. Thanks to the establishment of bio-based demonstration bases and the industrial clusters, bio-based PDO boasts great potential. What about the industrial scale of bio-based PDO in China? How will it go forward?
Also, CCM continued to pay attention to the imports, exports and prices of raw materials for bio-based materials, including corn, cassava chip and potato starch. Quantitative analysis was adopted to show the supply & demand changes of starch, key raw materials for bio-based materials and to make short-term prediction.
The above hot topics in China’s bio-based materials market will be explored and reported by CCM in detail in this e-journal, Bio-based Materials China News 1412. Please pay attention.
The USD/RMB exchange rate in this issue is USD1.00=RMB6.1369 on 1 Dec., 2014, sourced from the People's Bank of China. All the prices mentioned in this issue include the VAT except some specified.
Bio-PDO to be major development direction for bio-based monomer in China
Low profit from petro-based PE facilitate boom of bio-based PE
Fluctuated RMB exchange rate impeding bio-based material industry
Alliance of bio-based material manufacturers and downstream processors favorable to development of Bio-based materials
Newly built PLA plants to be launched together in 2015
Bio-based materials applied in new-type heat preservation field
China: largest PU consumption market in Asia
Global bioplastic industry in 2014 summarized by European Bioplastics
Emerging 3D printing to further development of bio-based materials
Price of corn starch to continue downturn despite latest temporary purchase and storage polcy for corn
Jinyimeng puts bio-based acetaldehyde project into operation
Kingfa: biodegradable film plays dominant role in bioplastics export growth
VTT developing PLA foam materials to substitute EPS
Jilin Province: with favorable policies to take lead in development of bio-based material industry
Shandong's Weifang: bio-based materials industrial cluster approved for construction
Mazda to adopt bio-based materials in new-type auto
Technology for bio-based ethylene made from bio-based ethanol is developing
High-Yield and Viscosity-Reduction Enzymatic Strain Technology patented
Price upturn of potato starch not expected to appear in China in Dec. 2014
Trend of greatly increasing imports of cassava chips in China in 2014 expected to continue
COMPANIES MENTIONED
Nanyang Zhongju Tianguan Low Carbon Technology Co., Ltd.; Zhejiang Hisun Group Co., Ltd.; Shenzhen Ecomann Bio-technology Co., Ltd.; Guangzhou Kingfa Sci & Tech Co., Ltd.; COFCO Biochemical (Anhui) Co., Ltd.
Low profit from petro-based PE facilitate boom of bio-based PE
Fluctuated RMB exchange rate impeding bio-based material industry
Alliance of bio-based material manufacturers and downstream processors favorable to development of Bio-based materials
Newly built PLA plants to be launched together in 2015
Bio-based materials applied in new-type heat preservation field
China: largest PU consumption market in Asia
Global bioplastic industry in 2014 summarized by European Bioplastics
Emerging 3D printing to further development of bio-based materials
Price of corn starch to continue downturn despite latest temporary purchase and storage polcy for corn
Jinyimeng puts bio-based acetaldehyde project into operation
Kingfa: biodegradable film plays dominant role in bioplastics export growth
VTT developing PLA foam materials to substitute EPS
Jilin Province: with favorable policies to take lead in development of bio-based material industry
Shandong's Weifang: bio-based materials industrial cluster approved for construction
Mazda to adopt bio-based materials in new-type auto
Technology for bio-based ethylene made from bio-based ethanol is developing
High-Yield and Viscosity-Reduction Enzymatic Strain Technology patented
Price upturn of potato starch not expected to appear in China in Dec. 2014
Trend of greatly increasing imports of cassava chips in China in 2014 expected to continue
COMPANIES MENTIONED
Nanyang Zhongju Tianguan Low Carbon Technology Co., Ltd.; Zhejiang Hisun Group Co., Ltd.; Shenzhen Ecomann Bio-technology Co., Ltd.; Guangzhou Kingfa Sci & Tech Co., Ltd.; COFCO Biochemical (Anhui) Co., Ltd.
