On July 15, 2022, Hengli Petrochemical stated on the investor platform: Kanghui Dalian New Material Technology Co., Ltd., a subsidiary of Hengli Petrochemical, has a flexible production line with an annual output of 450,000 tons of degradable plastics, which can produce PBS/PBAT /PBT and other products, the preliminary infrastructure construction has been completed, and they are being debugged according to the production line. It is expected to be put into production in the third quarter.
Hengli Kanghui's 450KTA PBAT/PBS project advanced at full speed
- At the beginning of 2020, Hengli Kanghui New Material Technology Co., Ltd. invested in the construction of a PBS-type biodegradable project with an annual output of 33,000 tons, and successfully started the one-off operation on December 25 of that year, successfully yielding qualified products. The project, with a total investment of 150 million yuan, is located in Xianrendao Energy and Chemical Industry Zone, Yingkou of Liaoning.
- In August 2021, the environmental impact report of Hengli Kanghui's annual output of 150,000 tons of PBS-type biodegradable plastics project was announced. The project plans to build Hengli's first 100,000-ton degradable plastic plant, which is of great significance to the layout of Hengli's biodegradable materials.
- On September 22, 2021, the project of Hengli Kanghui with an annual output of 450,000 tons of biodegradable new materials was grandly started. The project has a total investment of 1.8 billion yuan, and adopts self-developed technology and formula. It mainly builds the above-mentioned two major projects of 150,000 tons/year PBS biodegradable plastics and 300,000 tons/year PBAT biodegradable plastics. The project is located in the existing plant of Hengli Petrochemical (Dalian) Co., Ltd. in the Petrochemical Park of Changxing Island Economic Zone, Dalian. The construction period is 12 months. It is planned to be completed and put into operation in October 2022.
In addition to the internal supply of PTA, Hengli also has a layout for the remaining raw materials of PBAT, BDO and AA. In March 2021, the 1.8 million tons/year BDO project of Hengli Energy (Yulin) New Materials Co., Ltd. was approved for filing. The project is located in Qingshui Industrial Park, Yushen Industrial Zone, Yulin of Shaanxi, with a total investment of 20.8 billion yuan and a planned construction of 1.8 million tons/year BDO, 180,000 tons/year PBAT, etc. In addition, Hengli Petrochemical plans to invest 2.311 billion yuan to build PBAT material supporting chemical projects, including 300,000 tons of AA and so on.
Hengli Kanghui's modified PBAT project successfully commenced, and obtained multiple downstream orders
In November 2021, the PBT/PBAT modified product development project independently developed by Hengli Kanghui New Materials with an annual output of 30,000 tons was successfully started and produced qualified products. At present, the modified plastic products produced by Kanghui New Materials have obtained a number of downstream orders.
The project adopts the plastic blending modification production and processing technology independently developed by Hengli, and selects the world's first-class advanced equipment, which greatly improves the production efficiency and product quality. The total investment of the project is 100 million yuan. It is located in Xianrendao Energy and Chemical Industry Zone, Yingkou City. Two sets of 7500 tons/year PBT resin modification units and two 7500 tons/year PBS resin modification units are constructed. The PBS-based resin modification project consumes 11,510 tons/year of internally supplied PBS-type chips and 1,587 tons/year of purchased polylactic acid.
More PBAT industry news are published in "Bio-degradable plastic PBAT market weekly", and "China's biodegradable plastic PBAT market study in 2021 and outlook in 2022"
