Degradable plastics industry will receive national policy support

Authoritative sources in the industry revealed that the relevant supportive policies for degradable plastics are expected to be introduced in the second half of the year. The planned support includes bio-based materials and fully degradable materials. Support measures include VAT refund, tax deductions, and procurement of key projects. The Ministry of Industry and Information Technology has handed over relevant policy documents to the relevant ministries and commissions such as the Ministry of Housing and Construction for the countersigning. Industry insiders expect that the policy will be beneficial to companies listed in the degradable plastics industry.

During the “two sessions” this year, CPPCC members Yang Lan submitted the “Proposal on the Legislation of Biodegradable Plastic Garbage Bags,” and proposed legislation to implement biodegradable plastic garbage bags. Each town implements a waste classification system, and kitchen waste must be certified and legal. Labeled biodegradable plastic garbage bags. The related policies proposed by the relevant state agencies this time are the responses to the suggestions of the CPPCC members.

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The lack of classification of refuse is an important factor that restricts the promotion of degradable plastics in the domestic market. The executive meeting of the State Council held on March 23 proposed that by 2015, 50% of the district-based cities have initially achieved the classification and collection and treatment of food waste. Business people believe that the classification of waste will inevitably involve the use of plastic bags for different types of waste, and the promotion of degradable plastics will be taken seriously at the national level.

At present, the promotion of the use of degradable plastics has received attention from all over the country. Beijing, Shanghai, Guangzhou, Hainan and other places are piloting garbage classification. Xinjiang, Northeast China, and Yunnan are still piloting the use of biodegradable agricultural plastic film. Yunnan will also legislate to prohibit the production and sale of plastic shopping bags. The relevant draft has been announced.

For the market space of degradable plastics, experts believe that the prospects for the use of degradable plastics in waste bags, plastic film, shopping bags, etc. are relatively good. It is conservatively estimated that China will have 3 million tons of demand in the future, compared with only 30,000 tons last year. . In the current domestic 200,000-300,000 tons of garbage bags, more than 100,000 tons can use degradable materials. The market for PBS and PBAT that are suitable for film blowing in degradable materials is relatively large, and the listed companies involved include Xinfu Pharmaceutical and Blonde Technology.

It is understood that Xinfu Pharmaceutical currently has a production capacity of 3,000 tons of degradable plastics. In the first half of the year, the 10,000-ton project will be launched. It is expected to expand to 20,000 tons in the future, which is technically difficult. The National Development and Reform Commission will go to the company to accept the project in the near future.

Blonde Technology has a 1,000-ton pilot line in Mianyang, and its 20,000-ton project at Zhuhai Base is expected to reach volume production in May. Both companies currently produce petroleum-based materials that can be switched to bio-based materials in the future.

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