The environmental impact report for the high-performance composite material production project using Guangzhou Jinfafa carbon fiber new materials has been accepted and made public

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On February 25, the environmental impact assessment report for the high-performance composite materials production project of Guangzhou Jinfafa Carbon Fiber New Materials Development Co., Ltd. (hereinafter referred to as “Jinfafa Carbon Fiber Company”) was accepted and made public. It is reported that the project requires an investment of 1,702 million yuan, covers an area of 142,296.23 square meters, and has a construction period of 24 months. Upon completion, it will have a production capacity of 3,500 tons per year of high-performance prepregs, 100,000 tons per year of continuous fiber reinforced thermoplastic composites (CFRTP), and 500 tons per year of civil carbon fiber shaped components. Recently, Golden Fiber Carbon Company successfully acquired the right to use state-owned construction land in the Guangzhou Development Zone. The land is classified as industrial land of type 1, with additional capabilities for industrial use of type 2 (M1/M2); its area is 12,229.7 square meters, the total lease period is 35 years, and the purchase price was 12.42 million yuan. According to available information, Golden Fiber Carbon Fiber Co., Ltd. was established in December 2012 as a wholly-owned subsidiary of Golden Fiber Technology. It primarily produces continuous fiber-reinforced thermoplastic strips and sheets, as well as other lightweight and high-strength composite materials and thermosetting composite materials. The company also offers a range of technical services spanning from the design and development of new material products to large-scale industrial production. By the end of 2023, Jinfat Technology’s annual production capacity for carbon fiber and composite materials was 36,000 tons. As stated by the company’s general manager earlier, the company will continue to increase its investment in research and development, as well as its efforts to recruit talent, in areas such as high-performance specialty polymers, bio-based materials produced through synthetic biology, and low-carbon, high-quality recycled materials. Recently, the company successfully launched a new generation of low-carbon LCP material, Vicryst® LCP CER-B. It thus became the first supplier in China and the second in the world to obtain the International Sustainable Development and Carbon Certification (ISCC) PLUS for its LCP materials, thereby bringing new green momentum to the manufacturing of high-end consumer electronics. Today, carbon fiber composites have become important materials in fields such as aerospace, transportation, and wind energy; they are also extremely popular materials for the low-altitude economy and robotics. However, setting aside those two emerging markets, based on the mixed prospects reported by many of the aforementioned companies recently, aerospace represents the sector with the highest profits. With the advancement of domestic large aircraft projects such as the C919/C929, there are numerous opportunities available, though there is also a long period of testing to overcome. Overall, however, domestic carbon fiber composites still have shortcomings. For example, the domestically produced carbon fibers are mainly of the T300 and T700 grades; although T800-grade carbon fibers are available in mass production, their stability is insufficient. T1100-grade carbon fibers are still in the research and development or pilot production stage, with significant variations in performance. Automation equipment relies on imports, resulting in low production efficiency and poor product consistency. Moreover, most products are made from common plastics such as PP and PA, while continuous carbon fiber-reinforced specialty engineering plastics (such as those based on PEEK) are mostly in the stage between research and development and commercialization. Furthermore, there is the biggest challenge facing the world: low-cost manufacturing. If this issue is better addressed, the automotive industry could be the next major market. Mitsubishi Chemical has already set its strategic focus on the field of high-value mobility solutions, concentrating on the development of five key technologies: advanced composite materials for mobility applications, a unique compression molding intermediate material technology (CF-SMC), recycling technologies for carbon fiber/composites, high-value carbon fiber grades, and thermoplastic composites for use in automobiles. Finally, there is sustainability – a topic that is bound to come up sooner or later, including recycling as well as bio-based carbon fibers and composites. Recently, Mitsubishi Chemical has obtained ISCCPLUS certification for pre-impregnated materials using plant-based resins. Returning to Jinfa Technology, after \"surviving\" the year 2023 when its profits dropped to rock bottom, this plastic modification giant with a production capacity of over 3.6 million tons per year made a strong \"return\" in 2024. At the beginning of 2025, it attracted a great deal of attention; coupled with a series of product developments that pushed it out of its comfort zone and strategic moves across different regions, and by taking advantage of technological trends, this leader in the traditional industry suddenly acquired a new \"aura\" and is now determined to achieve great things!