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The construction of Henan Huiyang Biology’s project to produce 1,000 tons of high-molecular-weight polylactic acid per year began on January 7, 2025. The inauguration ceremony for this project was held in the Moushan Industrial Park, Shancheng District, Hebi City. The high-molecular-weight polylactic acid project serves as the final piece in Hebi City’s efforts to develop the “tri-material” industry, and it functions as a strategic hub for the Henan Bioindustry Group in its efforts to develop new biological materials. It is hoped that Henan Huiyang Bio-New Materials Co., Ltd. will take this commencement as an opportunity to go all out and maintain firm confidence, in order to accelerate the construction of the project, ensure its early completion, early commissioning, and early realization of benefits. Ma Haipeng, Secretary of the Party Committee of Shancheng District in Hebi City, extended warm congratulations on the commencement of the project, and expressed his sincere gratitude to Henan Investment Group and Henan Bioindustry Group for their contributions to the development of Shancheng District. He pointed out that the commencement of construction on the high-molecular-weight polylactic acid project is of great significance for advancing the development of the pilot plant city in Shancheng District and building a pilot plant industry cluster; it will surely contribute to the high-quality development of enterprises and Shancheng District as a whole. The Shancheng District Party Committee and the district government will dedicate all their efforts to providing support and assistance, so as to help the high-molecular-weight polylactic acid project become another asset for the industrial innovation and development of Shancheng District. Zhang Donghong, deputy general manager of Henan Investment Group, placed high hopes on the construction of this project. He said that the launch of the high-molecular-weight polylactic acid project not only adds a new asset to the Bio Group’s portfolio but also lays a solid foundation for the Investment Group and the Hebi City government to jointly explore new opportunities in the field of bio-based new materials. It is hoped that the project will come online and start operating as scheduled, enabling the company to become a key player in the field of bio-new materials. This will provide new sources of growth and a model for transformation for the group, while also bringing substantial economic, social, and environmental benefits to the local area. It is reported that the high-molecular-weight polylactic acid project, which is now under construction, has a total investment of 500 million yuan. It will be implemented in phases: the first phase will involve the construction of a production line with an annual capacity of 1,000 tons, aiming to capture a share of the high-end market ahead of time, while the second phase will involve the establishment of a production line with an annual capacity of 10,000 tons, thereby completing the upstream supply chain and achieving annual revenue of 600–800 million yuan. High-molecular-weight polylactic acid possesses high viscosity and excellent processability, which allows it to compete in the market differently from traditional polylactic acid. It offers a higher added value and greater potential in terms of application areas, and is widely used in fields such as biomedicine, healthcare, cosmetic medicine, films, and coating applications. Upon completion, the project will play a key role in helping Henan Investment Group Co., Ltd.’s bio-sector develop an industrial cluster of bio-based new materials centered around high-molecular-weight polylactic acid, turning it into a new hub for innovation, low carbon emissions, and high-end products. It will also make significant contributions to the development of advanced productive forces in Hebi.
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