Hainan’s annual output of 120,000 fully biodegradable new materials project started
Latest News: On July 1, the launching ceremony of Hainan Tianyin’s fully biodegradable new material project was held in Hainan Yangpu Economic Development Zone. The project is planned to be completed and handed over in March 2024, and it will start production in June of the same year.
Hainan Tianyin full biodegradable new material project landed in the petrochemical functional park, with a total investment of about 2.7 billion yuan, covering a total area of 260 acres. Using butane as the raw material, the project will build four sets of plants including commercial butane hydrogenation, n-butane to maleic anhydride, BDO and PBS, with an annual output of 120,000 tons of PBS, and production of fully biodegradable new materials PBS, BDO and other products. The project produces fully biodegradable new materials PBS, BDO and other products, which can be used in food packaging, agricultural films, disposable plastic products and biomedical polymer materials and other fields, helping Hainan to completely ban plastics and promote the development of green environmental protection industries.
Hainan Yangpu Biodegradable Project
From September 1, 2021, Hainan Province began to implement the “plastic ban” order in the “List of Disposable Non-degradable Plastic Products Banned from Production and Sale in Hainan Province (Second Batch)”. With the introduction of the “plastic ban” policy of the country and Hainan Province, the degradable material industry has ushered in an opportunity for development.
Zhongke Qicheng PBAT is the first batch of projects to settle in Yangpu Petrochemical New Material Industrial Park, and it is also one of Yangpu’s projects for degradable plastics, modified materials, high-performance synthetic resins, special engineering plastics, and special fluids. The project covers an area of 137 mu with a total investment of 600 million yuan. It is expected to be completed and put into operation in July 2022, with an annual output value of 2 billion yuan.
Sinopec Yizheng Chemical Fiber Company invested and constructed a PBST continuous polymerization project with an annual output of 60,000 tons, covering an area of 80 acres and a total investment of 460 million yuan. The project will start construction in November 2021.
Hainan Xingguang Chemical Co., Ltd.’s fully degradable plastics industry chain project, of which (Phase I) 180,000 tons/year n-butane oxidation process maleic anhydride plant signed a cooperation contract with Tianjin Bohua Engineering Co., Ltd. and settled in Yangpu.
At present, Yangpu develops chain supplementation, extension chain and strong chain, continuously expands the scale of the degradable plastics industry, and strives to build a degradable material production base that integrates upstream and downstream, rational allocation of resources, and equal emphasis on various series of products.