Biomaterial Industry to Enjoy Rapid Development

China announces to cut its GDP growth target to 7.5% in 2012, according to Premier Wen Jiabao's announcement in his government work report delivered to the National People's Congress on March 5^th , 2012. This is the first time for the Chinese government to lower its economic growth target after its years-long efforts to maintain an 8% economic growth rate for seven consecutive years. The major reason of cutting GDP growth target is that the Chinese government plans to focus on accelerating the transformation of the pattern of economic development and making economic development more sustainable and efficient so as to achieve higher-level and higher-quality development over a longer period of time.

Meanwhile, the Chinese government has been releasing a series of "Twelfth Five-Year Plan", such as the "Twelfth Five-Year Plan for New Materials Industry", the "Plan for Grain Processing Industry (2011-2020)", the "Twelfth Five-Year Plan for Industrial Technology Innovation (2011-2015)", the "Twelfth Five-Year Implementation Plan for Multiple Utilization of Crop Stalk", the "Twelfth Five-Year Plan for Clean Production", etc. Based on the above policies, as one of strategic emerging industries, biomaterial industry will undoubtedly enter a stage of rapid development.

The April Issue of Biomaterials China News published by CCM International covers all the information above. It provides you the latest policies, market trend, market dynamics, company dynamics, new biomaterials products and new biomaterials technology development of biomaterial industry. Followings are the headline news in the latest issue:

>> India Directorate General of Foreign Trade (DGFT) published a ban on cotton export on March 5, 2012, and then it was canceled on March 12, 2012, which has limited influence on Chinese cotton market.
>> On March 13, 2012, Shanghai Lyocell Fiber received ecological certification from Switzerland Validation Test Textile.
>> Yibin Hmei is making efforts to promoting its silkworm chrysalis protein fiber in domestic market.
>> Hayley Ann is growing fast currently, which may gain great success.
>> Jiangsu Xinmin is actively accelerating R&D of PBST
>> On March 29, 2012, Wuhan Huali starts to construct its new research & production base in Wuhan City, Hubei Province, and their capacity will expand to 100,000t/a in the next two years from 40,000t/a.
>> China Hi-tech Group will take more measures to support Bao Ding Swan to accelerate cellulosic fiber industrialization.
>> More and more domestic companies are investing in lignin production and domestic lignin product types are becoming diversified.
>> Corn price has kept increasing from November 2011, due to its loss of supply and demand balance in domestic market in the short period.

… …

About CCM International

CCM International is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM International offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_c_1050.html

Jiangsu Xinmin Being Optimistic on PBST Prospect

Jiangsu Xinmin Textile Science & Technology Co., Ltd. (Jiangsu Xinmin), a listed textile company in Wujiang City, Jiangsu Province, is actively accelerating R&D of poly(butylene succinate-co-terephthalate) (PBST), according to CCM International’s April issue of Biomaterials China News.

 

Jiangsu Xinmin has been doing R&D of PBST since 2009. Meanwhile, Jiangsu Xinmin has got the financial subsidy of about USD870,000 to support its R&D of PBST from Wujiang City Government since 2010. In fact, Wujiang City has also provided other financial subsidy of about USD690,000 to Jiangsu Xinmin since 2009, in order to help Jiangsu Xinmin improve its innovative ability, according to 2009, 2010 and 2011 annual reports of Jiangsu Xinmin.

The following factors may be the major reasons for Jiangsu Xinmin to invest in R&D of PBST. Currently, R&D of PBST is still in primary stage and PBST is produced by poly(butylene succinate) (PBS) and poly (butylene terephthalate) (PBT). Compared with PBS, a biodegradable material widely used in plastics and films, PBST has some obvious advantages in fiber field.

Although PBS has good biodegradability, its application in fiber field is limited by its low molecular weight, low melting temperature and poor mechanical property. Meanwhile, although PBT's biodegradability is bad, PBT is widely used in textiles, nonwovens and engineering plastics, thanks to its good thermal and processing properties. Therefore, PBST not only has good  biodegradability but overcome the disadvantages of PBS, which creates a bright prospect in fiber field for PBST.

 

Meanwhile, PBST has better spinnability than that of PBS. Compared with PBS's poor performance, such as fragile PBS fiber and poor extension ability, PBST extension ability can reach 2 times and its strength is enough for further processing after spinning. Moreover, PBST also has a little better performance in resiliency and boiling water shrinkage.

 

Furthermore, as a listed company, Jiangsu Xinmin can expand business scope and attract more attention of investors in stock market through developing new environmental-friendly fibers.

 

Moreover, as a new environmentally friendly material, PBST, just like PBS, will also get much more support from the Chinese government in the next several years, thanks to the "Twelfth Five-Year Plan for New Materials Industry" released by Chinese Ministry of Industry and Information Technology (MIIT)  on February 22, 2012.

Source: Biomaterials China News 1204

http://www.cnchemicals.com/Newsletter/NewsletterDetail_245.html

Main content of Biomaterials China News 1204:

Indian erratic policy to have limited influence on Chinese cotton market

Shanghai Lyocell Fiber gained ecological certification

Yibin Hmei continues promoting silkworm chrysalis protein fiber

Hayley Ann meets its peak period

Jiangsu Xinmin being optimistic on PBST prospect

Wuhan Huali to expand its capacity

China Hi-tech Group to increase investment in cellulosic fiber

Latest development of lignin in China

Corn price keeps increasing

… …

(Guangzhou China, April 10, 2012)

Biomaterials China News, with 12 to 14 topics in one issue, published on the 8th every month, will bring you the latest information on the latest market dynamics, company dynamics, new biomaterials products, new biomaterials technology development, new legislations and policies and raw material supply dynamics that are shaping the market.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.

For more information, please visit http://www.cnchemicals.com.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_1029.html