The total investment is approximately 10.7 billion yuan! Construction of Inner Mongolia Dongjing’s 1.2 million-ton PBAT project begins

Thread Content

On March 26, the groundbreaking ceremony for the PBAT full-industry-chain project of Inner Mongolia Dongjing Zhongke New Materials Technology Co., Ltd. was held. With a total investment of around 10.7 billion yuan, this project provides significant support for Wuhai City in Inner Mongolia in accelerating the development of a characteristic industrial cluster based on a \"full industrial chain plus leading enterprises,\" thereby helping to create a new hub for the production of biodegradable new materials. Inner Mongolia Dongjing Zhongke New Materials Technology Co., Ltd. is a wholly-owned subsidiary of Shanghai Dongjing Green Energy New Materials Co., Ltd. It focuses on the research and development as well as industrialization of new materials, specializing in the manufacturing and sales of bio-based materials and synthetic materials. Its core activities involve the development of environmentally friendly products such as PBAT biodegradable polyesters. The PBAT full-industry chain project that is now under construction builds on Wuhai City’s BDO industrial foundation to ensure local supply of key raw materials, aiming to establish a complete closed-loop industry chain that spans \"coal – BDO – PBAT – modified materials – end products\", thereby promoting deep collaboration and efficient coordination among various stages of this industry. “The project will be constructed in three phases: Phase 1 will involve a facility with an annual production capacity of 1.2 million tons of PBAT biodegradable polyester; Phase 2 will focus on a facility capable of producing 3 million tons of biodegradable modified materials per year; and Phase 3 will entail a facility with an annual production capacity of 2 million tons of fully biodegradable products. ”Zhang Hao, chairman of Shanghai Dongjing Green Energy New Materials Co., Ltd., explained that the project for producing 1.2 million tons of PBAT biodegradable polyester per year represents the key upstream stage in the entire industrial chain. The construction period is expected to be 18 months, and once completed, it will fill the gap in regional production capacity for high-quality PBAT biodegradable polyester, thereby further strengthening the foundation for the development of the green new materials industry. The project to produce 3 million tons of biodegradable modified materials per year will effectively link upstream raw materials with downstream product manufacturing. Through large-scale development, it will enhance the infrastructure for the regional biodegradable materials industry, boost industrial clustering effects, and drive the region’s industries toward higher added value and greener practices. The project for producing 2 million tons of fully biodegradable products per year, as the final link in the industrial chain, enables the local production of biodegradable materials throughout the entire process, from raw materials to finished products. This helps to expand the supply of green products in the region, meets the market’s demand for eco-friendly packaging and daily plastic products, contributes to the expansion and improvement of the green consumption market, and facilitates the steady achievement of the \"dual carbon\" goals. Zhang Hao said that the commencement of construction on the PBAT full-industry chain project marks the complete establishment of key links in the biodegradable materials industry, thereby truly achieving \"affordable plastic prohibition\". Leveraging its competitive advantages across the entire industrial chain, the company aims to become a leader in the field of biodegradable new materials, helping Wuhai enhance its reputation in this industry and promoting the high-quality development of green industries in the region.